Residential developer abandons High Court proceedings over its Sunfield development.
The Manas Kumar-founded company’s claim is so deficient it should be written off, lawyer says.
Legal spat concerns a 2013 contract with a Chinese distributor.
Shareholders’ claim given July deadline to raise at least $1.65m or be struck out.
American businessman alleges amphibious boat company misrepresented quality of purchased boats.
A competing, unnamed bidder’s offer for Stuff was at risk had High Court granted NZME’s interim injunction.
Who actually funded a now discontinued lawsuit by two former Chinese companies?
Legal decision on whether Nine can terminate deal with NZME to be released next week.
UPDATED: A trial has been set down for March 2021.
But leading lawyer warns Inland Revenue will monitor boundaries of charitable giving