Serko director transfers $15.86m in shares after divorce settles

Serko director transfers $15.86m in shares after divorce settles
Victoria Young
Serko director Bob Shaw will transfer almost $16 million worth of shares to an entity directed by his former wife to settle a case in the High Court at Auckland.The travel software company’s co-founder currently holds 12.9 million shares and is the second highest shareholder.Shaw had hired high-powered Queen’s Counsel Deborah Chambers in his fight with Sarah Smith, but a settlement was finalised before Justice Sally Fitzgerald yesterday morning.Shaw, who co-founded the travel software company, was unable to attend by audio-visual li...

More Technology

Rod Drury calls for radical shakeup of energy industry
Law & Regulation

Rod Drury calls for radical shakeup of energy industry

No more energy gentailers would improve competitiveness, says Drury.

Elite Fitness hit by cyber attack, customer data stolen
Law & Regulation

Elite Fitness hit by cyber attack, customer data stolen

Personal data from passports to credit cards stolen in Elite Fitness breach.

The jiggle is up: bosses bust staff who fake computer activity
Work

The jiggle is up: bosses bust staff who fake computer activity

Productivity-tracking tools can detect when remote workers are pretending they’re busy.

The underground network sneaking Nvidia chips into China
Technology

The underground network sneaking Nvidia chips into China

Shipments circumvent US export controls through supply-chain blind spots.