The Australian promoters of the $177 million Intueri Education Group float on the NZX in 2014, Arowana and its executive chair Kevin Chin, believe the threat of a class action against it has "no prospects of success." Although the firm of Adina Thorn Lawyers announced in mid-N...
In its most far-reaching decision this year, the Reserve Bank of New Zealand will be unveiling new capital rules for banks on Thursday that even it admits will reduce economic growth.They will also make it harder to borrow for key sectors, such as farmers, construction companies...
The High Court has rejected expatriate businessman Eric Watson's attempt to delay payment of more than $500,000 in overdue court costs in a decision that rubbishes the tactics used.In the latest twist in the one-time corporate high-flier's long-running tax avoidance case, lawyers...
Serko is offering no explanation for a 17.8 percent surge in its share price after the New Zealand sharemarket regulator sent it a 'please explain' notice.The business travel booking software developer "confirms it is satisfied that it continues to comply with its continuous disc...
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