Turners wins early battle in $5.5m lawsuit against Buy Right Cars vendor

Turners wins early battle in $5.5m lawsuit against Buy Right Cars vendor
Victoria Young
By Victoria Young Aug. 9 (BusinessDesk) - Turners Automotive Group has won a preliminary battle with the former owner of the Buy Right Cars dealerships it purchased in 2017.  Brandon Orlandini is suing Turners for $5.5 million, claiming Turners tried to avoid paying him under earnout provisions in their takeover contract.  While he received $3.4 million for earnout period one, he only received $1 million for the second period.  Orlandini, through his company Turnover, claims the NZX-listed company made wholesale detrimental changes...

More Retail

Hospitality tech firm Bustle brewing up success
Retail

Hospitality tech firm Bustle brewing up success

App for cafes is steaming ahead with a plan to grow to 5000 customers in three markets.

Trump-era FX 'compounding' margin losses, analysts say
Retail

Trump-era FX 'compounding' margin losses, analysts say

"Liberation day" could make matters worse, says Kiwibank’s Kerr.

Gregor Thompson 02 Apr 2025
Credit card issuers fear ComCom proposals
Finance

Credit card issuers fear ComCom proposals

The proposed regulations will stifle banking competition, says Mastercard.

Pattrick Smellie 02 Apr 2025
Are all Willis’ duopoly-breaking options really on the table?
Retail Analysis

Are all Willis’ duopoly-breaking options really on the table?

A survey of her external adviser's views suggests not.

Gregor Thompson 01 Apr 2025