Tenant ghosts Precinct after quitting Commercial Bay lease
Precinct Properties New Zealand is trying to liquidate a company which signed a deal to rent the top two floors of Auckland's Commercial Bay office project but has since ghosted the NZX-listed company. A court judgment released late last year reveals Golden Tower NZ, which told P...
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Where to for class actions in 2020
LPF Group’s funded Mainzeal suit and actions taken following the collapse of CBL Corporation are key cases to watch in 2020, say lawyers canvassed by BusinessDesk.Developments in the rules governing class actions will also be keenly observed in 2020 as the courts will have to set...
Zespri claim must go on without lead witness, judge rules
A multi-million dollar claim against Zespri has been hanging about too long and must go to trial next year, a High Court judge has ruled. This is despite the fact that the main witness for the company bringing the case, Shanghai Neuhof, remains in a Chinese jail. Justice Ed Wylie...
Aftershock for Eric Watson companies
Nine other Eric Watson-linked companies have been moved into liquidation following the collapse of Cullen Group. Cullen Group was moved into liquidation by court order last week after a High Court judge refused to halt insolvency proceedings against it. KPMG’s Vivian Fatupaito wa...
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