Eric Watson’s Cullen Group in liquidation
Eric Watson’s Cullen Group has been moved into liquidation by court order, meaning it might no longer fight a $112 million tax judgment against it. The company was moved into the hands of KPMG liquidator Vivian Fatupaito earlier this week, by court appointment. The Inland Revenue...
SFO probes use of non-public funds at NZ Defence Force
The Serious Fraud Office has launched a probe into alleged misuse of non-public funds at the New Zealand Defence Force. The fraud agency is expected to complete the probe in early 2020, the NZDF said in written answers to questions from Parliament's foreign affairs, defence and t...
Joyce wins defamation case against NBR
Former politician Steven Joyce has won a defamation case against the National Business Review, having obtained a ruling that the business publication and its owner Todd Scott defamed him. The former finance minister did not seek damages in the case launched over a 2018 column tit...
Chinese importer seeks delay in Zespri case
The Chinese importer suing Zespri for $25 million wants a trial held off until 2021 because its lead witness remains in a Chinese jail. Shanghai Neuhof first filed a claim against Zespri in May 2014 alleging breach of contract after they were both convicted of under-declaring cus...