Jingji (Ronnie) Xue and the formerly NZX-listed dairy trader have been ordered to pay penalties of $875,000 and $175,000, respectively.
High Court has found the holiday home platform’s previous terms ‘created a significant imbalance that was ultimately detrimental to consumers’.
Lawyers had argued market regulator’s August report on shadow insider trading would have a ‘chilling effect’ on capital markets transactions.
A pair of investors, who settled a long-running dispute with the company earlier this year, are going to court to have it enforced.
Litigation funder Omni Bridgeway is backing a claim on behalf of Northland businesses seeking tens of millions of dollars in damages.
Facing legal consequences of his attempted fraud against Sir Owen Glenn’s Kea Investments, Ken Wikeley vainly offers an olive branch.
Competition watchdog alleges wholesale pricing methods aren't transparent enough.
The High Court delivers a comprehensive defeat for the property developer, and vindicates former Property Ventures liquidator Robert Walker and litigation funder LPF.
Daniel Nakhle is fighting a move by his mother to put the companies behind thoroughbred racing facility Byerley Park into liquidation.