close
Law
3 mins to read

James Wallace loses $1.2m bid against builder

Judge says disgraced millionaire’s company ‘arguably caused’ the Podular Housing collapse, which left homeowners high and dry.

Disgraced businessman James Wallace.

Maria Slade Wed, 18 Oct 2023

A company owned by wealthy businessman and convicted sex offender James Wallace has failed in a bid to recover $1.2 million from the founder of a home building firm.

Wallace Corporation, 100% owned by James Wallace, sought summary judgment against Ilan Gross over loans to his company Podular Housing

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace
NZ Aviation News

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Aviation News - Monthly

NZ$14.95 / monthly

Already have an account? Login
Contact the Writer: maria@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.
James Wallace loses $1.2m bid against builder
Law,
101283