Lender foiled in long-running litigation linked to failed finance company FE Investments.
Counsel for ex-Bell Gully partner says suspension would be ‘disproportionately harsh’ as tribunal mulls penalty.
Person facing criminal charge keeps name secret for trial.
High-profile winemaker collapsed in 2021 owing $98.6 million.
A High Court jury trial on the criminal charge begins in Auckland today.
‘He could not explain why his recollection diverged from the document in evidence,’ Justice Pheroze Jagose says.
‘Piecemeal, ad hoc law reform is never a good idea,’ Chapman Tripp partners say.
Corrections alleges misrepresentation, as well as Fair Trading Act and contractual warranty breaches for software services.
Court sentences Rowan Kearns on Financial Reporting Act charge of making a false statement in accounts for three Forestlands companies.
Judge ordered a penalty of $1.33m for Wei Zhong and $760,000 for Lei Ding.
