Law & Courts

Neal Nicholls, (centre), and Wayne Douglas, in court (TV3)

'Little prospect' of recovery sees Capital + Merchant action dropped

Tue 28 Jul 1

Capital + Merchant owed $167 million to about 7500 investors when it collapsed into receivership in 2007.

Workplace Relations and Safety Minister Michael Woodhouse (TV3)

Capital Letter: PCBUs and changes to the health and safety reform bill

Tue 28 Jul

The proposal to exclude businesses in low-risk sectors with fewer than 20 workers from the requirement to have elected health and safety representatives attracted much criticism.

Man O'War vineyard

Rich Listers win an appeal on Waiheke zoning

Tue 28 Jul

In April, Justice Pamela Andrews dismissed an appeal by Man O’War Station, owned by the $650 million NBR Rich List Spencer family, against a decision of the Environment Court.

Financial Markets Authority chief executive Rob Everett

UPDATE: FMA issues first stop order against company taking deposits for Auckland property investment

Mon 27 Jul

FMA says it started investigating the Auckland company following a referral and sent repeated requests to it for information but received no reply.

Financial Markets Authority chief executive Rob Everett

FMA issues first stop order against Green Gardens Finance Trust taking public deposits

Mon 27 Jul

The stop order has been issued because the company's website included an advertisement for an offer of debt securities that don't comply with the act.

Some Arena/BlackfortFX clients must repay fictitious profits

Mon 27 Jul 1

Some clients received "profits" that never existed and must repay the money.


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