A former bankrupt was hired to provide legal services to a business, but in just four months the relationship fell apart.
BNZ took possession of Paul Alexander’s Parnell mansion after failed attempts to recover his debt of $10.1m.
The Court of Appeal says the man, who owed ANZ $566,000, attempted to use a confidential report for commercial advantage first, and then later to damage the bank.
The Official Assignee has successfully extended a man's bankruptcy after he claimed he "cannot remember" where he spent $350,000.
But the Upper Hutt man continues to work for a chartered accountancy firm.
Mohsen Haghi had proposed to pay his unsecured creditors $600,000, representing about 15% of his overall debt but the IRD wanted to bankrupt him.
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