Carving up the Mainzeal carcass

Carving up the Mainzeal carcass
Former Prime Minister Jenny Shipley's business affairs in China are unclear.
Victoria Young
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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More Du Val shareholders suing
Property

More Du Val shareholders suing

A Du Val shareholder action against FMA now has 80% of minority shareholders signed up.

Triple Connection faces liquidation
Property

Triple Connection faces liquidation

The debt collector says the company "don't pay their bills".

Gregor Thompson 13 Dec 2024
Beachlands South development appeals settled
Property

Beachlands South development appeals settled

Appeals challenging the approval of a plan change for the Beachlands South development have been settled, paving the way for the multi-billion dollar project to proceed.“The success of negotiating a sensible outcome means that the development process can now move forward with the...

Staff reporters 11 Dec 2024
Winton 'stands to gain millions': MP
Property

Winton 'stands to gain millions': MP

The proposed fast-tracking of Sunfield is 'cronyism', local MP claims.

Maria Slade 11 Dec 2024