Pyne Gould sues Andrew Barnes, Bath Street for at least $22M over Perpetual sale

Wed, 30 Sep 2015

By Paul McBeth Sept. 30 (BusinessDesk) - Pyne Gould Corp, which today blamed its auditor for the late filing of its annual report, is suing Bath Street Capital and Andrew Barnes for at least $22 million that it claims is an unpaid bill from the sale of Perpetual Trust. In a statement released after the close of trading, Guernsey-based Pyne Gould said it commenced proceedings in the High Court in Auckland yesterday, seeking damages of not less than $22 million, with interest and costs. Pyne Gould made the demand on Bath Street in May over...

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