Macquarie ‘double dipping’ on SkyCity payments, court hears
Case on compensation for NZICC carpark deal to be heard in September as parties dispute $52m valuation gap.
SkyCity's convention centre construction was hit by fire in October 2019.
Casino operator SkyCity is paying $1.3 million a month to a Macquarie entity as they dispute a $52 million difference in their estimates of compensation due on a failed carpark deal, leading to concerns Macquarie is “double dipping”, the High Court has heard.
The case follows a fire at
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