Lender foiled in long-running litigation linked to failed finance company FE Investments.
Stop order on the multi-level marketing scheme follows an ongoing investigation by NBR.
Controversial multi-level marketing scheme held another event over the weekend; NBR was kicked out before it even started.
The group went into receivership in late 2019; liquidators were appointed in November last year.
Rowan Kearns had initially pleaded not guilty and was due to face trial next month.
Sanctioned Russian billionaire Alexander Abramov-linked investment business has taken court action against the bank.
But High Court judge also rules in favour of allowing an opt-in New Zealand class action.
A $57 million legal claim against the expat businessman was accepted by a High Court judge this morning.
Widespread flooding causes some minor damage to other courts, too.
Experience Group’s managing director surprised when NBR notified him their business was listed as a creditor.
