What next in mega CBL legal pile-on

Victoria Young
Fri, 26 Jun 2020

Victoria Young
Fri, 26 Jun 2020
The High Court has had its first combined hearing over several civil cases brought about following the collapse of CBL Corporation.The NZX-listed insurer had a market capitalisation of $747 million when it fell over in February 2018, attracting lawsuits from representatives for creditors, regulators and shareholders alike.More than 10 lawyers – including four QCs - piled into courtroom 11 at the High Court at Auckland today for the first airing of the matter, which was largely administrative and related to timetabling. Another 10 or...
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