MBIE enters America’s Cup case

MBIE enters America’s Cup case
Victoria Young
The government and Auckland Council have hired a Queen’s Counsel to represent them in the stoush between Emirates Team New Zealand and NZ Herald publisher NZME. Michael Heron QC appeared briefly this morning at the High Court at Auckland for the Ministry of Business Innovation & Employment and the council. It is not clear what their position is on the gagging orders Team NZ and America’s Cup Event have obtained against the media company.  Heron told BusinessDesk his clients wanted to be heard, but would not provide further detail. ...

More Law & Regulation

'Serious compliance breaches' in NZ sharemarket
Markets

'Serious compliance breaches' in NZ sharemarket

Seven matters were referred to the NZ Markets Disciplinary Tribunal last year.

Murray Jones 24 Apr 2024
RBNZ challenges ComCom call to review its banking capital settings
Law & Regulation

RBNZ challenges ComCom call to review its banking capital settings

The RBNZ says it has just finished reviewing capital settings and is phasing them in.

Staff reporters 23 Apr 2024
NZ promotor of global pyramid scheme convicted on five charges
Law & Regulation

NZ promotor of global pyramid scheme convicted on five charges

Investors in the 'Lions Share' scheme lost nearly $17 million worldwide.

Staff reporters 23 Apr 2024
'Unpaid' loan of $152,000 to Terry Serepisos now worth $2.5 million
Law & Regulation

'Unpaid' loan of $152,000 to Terry Serepisos now worth $2.5 million

The lender is seeking a summary judgment for repayment in the high court.

Greg Hurrell 22 Apr 2024