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Court finds oppression, breach of duties in carbon case

Drylandcarbon co-founder Ant Beverley wins claim against investment bankers Will Leckie and Chris Morrison.

Ant Beverley and his wife Wendy were shareholders in a carbon credit joint venture.

Tim Hunter Tue, 14 Oct 2025
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

The High Court has found investment bankers Will Leckie and Chris Morrison breached their duties as directors and acted oppressively towards their partner in a carbon farming venture, Ant Beverley.

The pair were ordered to buy out Beverley’s interests for $12.135 million.

In a judgment issued on

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Tim Hunter Tue, 14 Oct 2025
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Court finds oppression, breach of duties in carbon case
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