What’s at stake: Whether the Supreme Court will hear an Auckland businessman’s appeal against owing $850,000 for more than 1100 missing Smartpay terminals.
Background:Optimizer HQ, which provided mobile credit card payments services and was founded by Manas Kumar, has been locked in a legal battle with Smartpay and BNZ, accusing them of conspiring in 2015 to cause harm to the business.
The director of a former NZX aspirant who was ordered to pay $850,000 in compensation to NZX-listed Eftpos equipment provider Smartpay, has failed in his bid to take his claim to the Supreme Court.
Optimizer HQ – which provided mobile credit card payments services and was founded by Auckland
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Key points
What’s at stake: Whether the Supreme Court will hear an Auckland businessman’s appeal against owing $850,000 for more than 1100 missing Smartpay terminals.
Background:Optimizer HQ, which provided mobile credit card payments services and was founded by Manas Kumar, has been locked in a legal battle with Smartpay and BNZ, accusing them of conspiring in 2015 to cause harm to the business.
