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$1m costs claim in ‘staggering’ shareholder battle

Auckland merchant banker faces blowback after abandoning case against wealthy investor.

Tim Hunter
Fri, 03 Feb 2017

Backdoor listing specialist John Sorensen is facing a claim for legal costs of close to $1 million after abandoning legal action against wealthy investor Mike Jacomb.

Hearing arguments at the High Court yesterday, Justice John Fogarty said he was puzzled and bemused by the “bizarre” affairs of

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Tim Hunter
Fri, 03 Feb 2017
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$1m costs claim in ‘staggering’ shareholder battle
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