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Law
4 mins to read

Court explores who will pay if Mainzeal directors held liable

Yan only director with substantial means, court hears.

Victoria Young Mon, 12 Nov 2018

The judge overseeing the Mainzeal case has accepted he will take into account a directors’ insurance policy if he finds Dame Jenny Shipley, Richard Yan and other former Mainzeal directors liable for reckless trading.  

As Mainzeal's liquidators’ lawyer began summing up on Monday, Justice

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Victoria Young Mon, 12 Nov 2018
Contact the Writer: victoria@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
Mainzeal Mainzeal Property & Construction Law & Courts richard yan Jenny Shipley Mark O'Brien

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