Carving up the Mainzeal carcass

Former Prime Minister Jenny Shipley's business affairs in China are unclear.

Wed, 07 Apr 2021

In July last year, three judges and a raft of lawyers sat in the court of appeal discussing “rough justice”.Working out compensation for creditors due to the reckless trading of former Mainzeal directors Richard Yan, Jenny Shipley, Clive Tilby and Peter Gomm was always going to be a tricky task.Trial judge Justice Francis Cooke showed this in 2019 when he ignored both approaches put forward by the lawyers and went his own way.He took the liquidators’ claim of $108 million and slashed it by two thirds to come up with $36m,...

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Economy

Penk announces compulsory building warranties

Under the proposed change, those responsible pay their share only.

Staff reporters 12:20pm

Markets

Gentrack in the hunt for 10 new customers

Shares climb more than 14% on hopes of at least three or four new customers.

Rebecca Stevenson 12:20pm

Gentrack in the hunt for 10 new customers

Markets

Another solar farm gets the nod from Genesis

Genesis Energy has approved the construction of the Edgecumbe Solar Farm in the Bay of Plenty, marking its second major solar commitment in as many months.The company made a final investment decision (FID) on the 136 megawatt peak (MWp) farm, clearing the way for work to begin sh...

Ian Llewellyn 9:40am