Litigation funding in the spotlight in March
By Nikki Mandow March 1 (BusinessDesk) - Litigation funding - hardly a phrase on everyone’s lips, is set to move into the spotlight during the next few weeks. Two high-profile court battles financed by litigation funders - Mainzeal, and a group of kiwifruit growers’ fight w...
Mainzeal judgment brings lessons in corporate governance
By Nikki Mandow Feb. 28 (BusinessDesk) - Company directors, insurance companies, liquidators and litigation funders will likely be running a fine tooth comb over Tuesday’s Mainzeal decision from the High Court - regardless of whether or not there’s an appeal. In a decisive...
Jenny Shipley must pay $6 million to Mainzeal creditors, court finds
By Nikki Mandow Feb. 26 (BusinessDesk) - Former Prime Minister Jenny Shipley has been ordered to pay $6 million to creditors of failed construction company Mainzeal, as part of a $36 million award by the High Court against the company’s directors. Mainzeal was one of the co...
Well-being budget could look more like an annual report, Robertson says
By Nikki Mandow Feb. 26 (BusinessDesk) - The government’s upcoming well-being budget could not only follow a new policy track - but could look different too, says Finance Minister Grant Robertson. Speaking at a Massey University/Auckland Chamber of Commerce breakfast this m...
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