close
MENU
Hot Topic EARNINGS
Hot Topic EARNINGS
3 mins to read

Depositors could sue government over OBR haircut

Niko Kloeten
Thu, 11 Apr 2013

An  Open Bank Resolution policy for dealing with bank failures could leave the government open to legal action from depositors, an insolvency specialist says.

OBR is designed to allow insolvent banks to reopen quickly in order to minimise disruption to the payment system and could result in

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

NZ$399.00 / yearly

Offer ends March 31st

Smartphone Only Annual Subscription

NZ$299.00 / yearly

Monthly Premium Online Subscription

NZ$49.95 / monthly

Smartphone Only Subscription

NZ$29.95 / monthly

Premium Group Membership 10 Users

NZ$385+GST / monthly

$38.5 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$660+GST / monthly

$33 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1375+GST / monthly

$27.5 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$2100+GST / monthly

$21 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Niko Kloeten
Thu, 11 Apr 2013
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Depositors could sue government over OBR haircut
28589
true