The Auckland High Court has levied price fixing penalties totalling $4 million against two Hamilton-based real estate firms, Lodge Real Estate and Harcourt’s agency Monarch, for engaging in cartel style price-fixing in breach of the Commerce Act. The judgment caps off an actio...
The Financial Markets Authority has filed criminal charges against an unnamed individual involved in Forestlands Group for alleged disclosure and financial record keeping breaches. The FMA said security arrangements of a million-dollar loan were knowingly omitted from financia...
The Environmental Protection Authority has been accused of using consent conditions to try and fill enforcement “gaps” in the offshore regulations it works under. Beach Energy told a hearing committee yesterday it faces “unforeseen and significant” legal risk due to the way EP...
Fletcher Building has lost a multi-million dollar fight with a Commercial Bay subcontractor in a ruling that will influence how the entire sector interprets construction contracts.
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