Richard Yan appeals $36 million Mainzeal liability

Sun, 24 Mar 2019

By Nikki Mandow March 25 (BusinessDesk) - Richard Yan, director of failed construction company Mainzeal Group, has appealed the High Court judgment which found him liable to pay up to $36 million to creditors. Tomorrow is the deadline for any appeals in the case, following Justice Francis Cooke’s ruling released on Feb. 26. It’s not yet clear whether the three other directors, including former Prime Minister Jenny Shipley, plan to appeal. Liquidator BDO, appointed after Mainzeal collapsed in early 2013, could also choose to appeal on t...

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