The Palestinian Solidarity Network had applied for a judicial review of the Guardians’ policy documents after it declined to divest from several holdings.
Prison department alleges misrepresentation, as well as Fair Trading Act and contractual warranty breaches for software services.
Liquidators David Ruscoe and Russell Moore estimate monthly costs of about $350,000.
Brewer has applied to have the case thrown out.
The person was last week found guilty of insider trading following a jury trial.
Law prohibits directors from accepting levels of risk 'permissible in other jurisdictions'.
Supreme Court reiterated Court of Appeal’s view there was ‘incoherence’ in the legislation.
Liquidators vow to pursue directors, insurer QBE, after landmark directors’ duties Supreme Court decision following more than eight years of litigation.
But their identity remains a secret due to ongoing name suppression.
Email from Synlait director John Penno to A2 Milk CEO David Bortolussi central to issues in dispute between two other companies, says judge.