Possible breach of code in 2013 New Image takeover
By Rebecca Howard | Mon, 10 Aug 2020
A takeover of New Image Group by New Image Trustee in 2013 may have breached the Takeovers Code.In February 2013, New Image Trustee made a full takeover offer for all of the voting securities in New I...
Money for justice: Costing CBL's demise
By Victoria Young | Mon, 10 Aug 2020
The Financial Markets Authority had already spent more than the value of its entire 2018/2019 litigation budget on fees for its two cases against CBL Corporation, before it had even filed proceedings...
SFO-directed raid complicates Spark claim
By Victoria Young | Wed, 05 Aug 2020
An accused co-conspirator has complained a Serious Fraud Office-ordered raid on his home has meant he can't comply with disclosure orders in a case brought by Spark New Zealand. The telco claims t...
VICTORIA YOUNG: Understanding Mainzeal’s 'rough justice'
By Victoria Young | Tue, 04 Aug 2020
Jenny Shipley, Richard Yan and two other former Mainzeal directors have been arguing the High Court was wrong in finding them liable for breaches of directors’ duties, to the tune of $36 million. T...
