CBL Insurance’s actuary PwC is one of several parties being sued by the collapsed insurer’s liquidators in proceedings filed late last year. The case is the latest keeping lawyers busy following the February 2018 collapse of NZX-listed CBL Corporation, which had a market capitali...
Former CBL Corporation chief executive Peter Harris says he will plead not guilty to charges brought by the Serious Fraud Office following an investigation into the insurer’s 2018 collapse. The fraud agency said in December last year it had filed criminal charges following an inv...
Lawyers for Fonterra, Genesis Energy, Dairy Holdings, NZ Steel, Z Energy, NZ Refining and BT Mining all attended the High Court at Auckland this morning to fight off a claim by climate activist Mike Smith. Smith, chair of the Climate Change Iwi Leaders Group, argues the corporate...
The government's ban on foreign buyers of existing residential property may be having the desired effect of pushing overseas investment into new builds, according to economic consultancy Infometrics. The Overseas Investment Amendment Bill came into effect on Oct. 22, 2018, preven...
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