Top court slaps down Feltex funder's claim

Thu, 12 Aug 2021

The supreme court has rebuked Feltex class suit funder Tony Gavigan, ordering him to pay $2,500 in costs to the former directors and vendors of the failed carpet maker.Justices Susan Glazebrook, Mark O’Regan and Joe Williams dismissed Gavigan’s attempt to recall an earlier judgment pending investigations into allegations of fraud last month, and today made the order for costs, saying his application “lacked merit and was irregular in a number of respects”.In May, the country’s top court denied Eric Houghton and 3,6...

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