College of Midwives says successful class action is likely to result in ‘substantial’ damages.
Commerce and Consumer Affairs Minister says businesspeople need to be encouraged to take prudent risk.
NZX-listed Eftpos equipment provider Smartpay found to have not served bankruptcy notice correctly.
Disciplinary Tribunal publishes ruling after pair admit charges of ‘conduct unbecoming an accountant’.
Redacted asset preservation order obtained by NBR also reveals unreported restrictions on Hamilton law firm iClaw.
Chapman Tripp has called for repeal of reckless trading duties for clubs and societies but Andrew Bayly says ‘no immediate evidence’ for such a move.
The proceedings related to historic land covenants in Napier, Lower Hutt, and Wellington, which the judge said was a ‘deliberate effort’ to hinder competitors at that time.
The pair were found, in April last year, to have breached the market manipulation and disclosure provisions under the FMC Act.
Investors looking to leverage a lender buyout, with Clarkes’ holding possibly used to pay back out-of-pocket ‘mum and dad’ investors.
Lawyer Owen Culliney’s home and office understood to have been visited on Friday.
