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‘Tribunal must have first shot,’ say FNZ defendants

Court hears opening arguments on whether huge shareholder claim will go to arbitration in London.

Wellington High Court.

Tim Hunter Wed, 13 May 2026
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

In a packed Wellington courtroom one document loomed large on the first day of legal presentations in the billion-dollar claim against fintech FNZ and its directors – a security holders deed.

The issue boils down to this – defendants (mostly) say the deed requires the dispute to go to

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Tim Hunter Wed, 13 May 2026
Contact the Writer: thunter@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.

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‘Tribunal must have first shot,’ say FNZ defendants
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