Halifax liquidator urges investors to come forward
Liquidators of collapsed online derivative trader Halifax NZ are calling on investors who put money into the business to have their say.With around A$200 million available to distribute, KPMG liquidator Morgan Kelly’s early estimate is that 2,100 New Zealand investors will get ba...
Backdoor listing specialist Sorensen pressured to pay rival
Investor John Sorensen is facing further legal threats from his former business partner Michael Jacomb, who is chasing about $600,000 owed by him personally.The pair were back in the courts this month as Jacomb continues to pursue the backdoor listing specialist for judgment debt...
Milk minnow Miraka wins dispute with Shanghai Pengxin
Iwi-owned milk processor Miraka has triumphed in a multi-million dollar fight with Shanghai Pengxin Group's operating arm, Milk NZ. The case came about after Milk NZ failed to supply the minimum milk levels set out in an agreement with Miraka. Around 2011, Miraka agreed to build...
Microsoft message for kiwi tech industry
Microsoft chief executive Satya Nadella has urged New Zealand to build its own world-class tech.The global technology boss is in the country for Microsoft’s Envision forum in Auckland where he canvassed technological issues including diversity, security and change in the world of...
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