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Law
4 mins to read

Supreme Court throws out Ormiston Rise jurisdiction appeal

The Court found that overseas shareholders can be subject to a liquidator’s demand for information.

The Ormiston Rise development.

Nicholas Pointon Mon, 09 Dec 2024

The New-York based financiers behind the troubled Ormiston Rise property development will have no choice but to hand over key books and financial records to the project’s liquidator.

The Supreme Court has dismissed Arena Alceon NZ Credit Partners and related party Quaestor Advisors’ application

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Nicholas Pointon Mon, 09 Dec 2024
Contact the Writer: nicholas@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
Ormiston Rise Waterstone Insolvency Arena Investors

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