Bad-spirited dispute: Leo Molloy vs Good Spirits

Bad-spirited dispute: Leo Molloy vs Good Spirits
Leo Molloy. (Image: NZME)
Riley Kennedy
A proposed deal between two Auckland viaduct operators has fallen over, stumping former mayoral candidate Leo Molloy’s plans to open his new bar tomorrow.Late last year, NZX-listed Good Spirits shut down and vacated its O'Hagans Irish Bar after the landlord, Leo Molloy, declined to renew its lease to make way for his new HeadQuarters establishment.To do so, Molloy had to apply for a variation on his existing licence for his nearby Little HQ bar.However, his plans to open the bar this week have been thrown into turmoil, with Good Spiri...

More Retail

The Warehouse’s plight in five charts
Retail Charts

The Warehouse’s plight in five charts

The private equity bid shows the company’s future is still anyone’s guess.

Gregor Thompson 26 Jul 2024
Serato and AlphaTheta have abandoned deal
Retail

Serato and AlphaTheta have abandoned deal

The CMA said it has received written assurances from the parties. 

Rebecca Howard 24 Jul 2024
Warehouse share trading complaint filed
Retail

Warehouse share trading complaint filed

The Warehouse had confirmed a buyout proposal had been lodged.

Gregor Thompson 24 Jul 2024
Stephen Tindall supports Warehouse takeover offer
Retail

Stephen Tindall supports Warehouse takeover offer

Bid from Australian private equity firm values shares at between $1.50 and $1.70.