Mainzeal’s Yan loses bid to halt bankruptcy proceedings
A High Court judge has rejected Richard Yan’s attempt to fend off bankruptcy proceedings brought by the liquidators of Mainzeal. In February, Justice Francis Cooke ruled Yan and three other former directors should pay $36 million for breaching their duties before the construc...
.jpeg)
Court told Richard Yan appeal 'not a Hail Mary'
The lawyer for former Mainzeal director Richard Yan has laid out a heavy critique of Justice Francis Cooke’s judgment against the construction group's board during a bankruptcy proceeding against his client. Liquidators at BDO are trying to bankrupt Yan because he hasn’t paid som...
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...
Prev
