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Law firm defends $11.6m negligence suit after landmark leaky building case
A specialist leaky-building law firm has been sued for negligence for almost $12 million by the owners of the Spencer on Bryon tower on Auckland’s North Shore. Grimshaw & Co had acted for the body corporate of the 23-storey hotel and apartment complex in its claim against the...

Faafoi tasks PwC to investigate the case for TVNZ/RNZ merger
The government is pressing ahead with plans to merge its radio and television assets into "a new public media entity as an independent multiple-platform, multi-media operation."Broadcasting Minister Kris Faafoi announced that accounting and consulting firm PwC will lead work on t...

Kathmandu same store sales improve, margins decline
Kathmandu Holdings said same-store sales, those through stores owned 12 months or more, rose 1.5 percent in the 26 weeks ended Jan. 26, although margins have declined.However, Kathmandu's statement confused the reporting period by also stating it will post a 40 percent earnings b...