Mainzeal directors face compensation uncertainty with further liability
High Court to determine new compensation, CoA judges criticise ‘unsatisfactory’ legislation.
Hamish McNicol
Wed, 31 Mar 2021
Hot Topic
Local Govt
The former directors of failed construction company Mainzeal have failed to overturn a decision that found they were liable for reckless trading ahead of its collapse, but a $36 million award for damages has been set aside while the High Court determines a new compensation figure in light of a
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Hamish McNicol
Wed, 31 Mar 2021
Contact the Writer: Hmcnicol@nbr.co.nz
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Mainzeal directors face compensation uncertainty with further liability
Law,
86875