Lender foiled in long-running litigation linked to failed finance company FE Investments.
Liquidators vow to pursue directors, insurer QBE, after landmark directors’ duties Supreme Court decision following more than eight years of litigation.
But their identity remains a secret due to ongoing name suppression.
Email from Synlait director John Penno to A2 Milk CEO David Bortolussi central to issues in dispute between two other companies, says judge.
The case is being brought by a minority shareholder against its former directors, which include NZX-listed Accordant Group boss Jason Cherrington.
NBR last March revealed details of the long-running dispute between chemicals group and a man called Rod Simmonds.
Details ‘of extreme commercial sensitivity’ involved in dispute over tech company transaction.
CDL managing director hopes this means the end of protracted litigation.
But Lance Morrison and Richard Blackwood fail in $1.485m FMA claim for loss, pain, suffering, and distress of lengthy court action.
2017 Supreme Court judgment in favour of Māori landowners has led to liability and loss hearing in High Court.
