A class action against the promoters and directors of Intueri Education Group is taking the novel course, in New Zealand at least, of seeking summary judgment from the High Court. Seeking summary judgment is a declaration that the plaintiffs, investors in the $177 million Intu...
As BusinessDesk has grown and added reporters over the past few months, the number of stories we publish has increased to the point where the Daily Digest has become unmanageable for many readers. Subscriber feedback has been that a shorter version of the email would be more appr...
Talley’s Group has taken a small nutriceutical producer it supplied to court, claiming it breached their agreements. According to the judgment of associate judge Peter Andrew, the family-owned food group is suing Biomex Trustees and seven other related parties claiming a supp...
The country's biggest law and accounting firms are shoring up their balance sheets in response to the covid-19 crisis by limiting partners drawing cash in advance of year-end profits, taking up the government wage subsidy and freezing new hires. Among large and long-established f...