No ‘dash for cash’ in CBL pile-on
Shareholder plaintiffs agree questions of liability and compensation can be dealt with separately.
High Court hearing is over how claims against failed insurer CBL and its directors would be heard.
Lawyers packed into Court 14 at the High Court in Auckland this morning to argue over how their claims against failed insurer CBL and its directors would be heard.
Of the 18 barristers present, some of whom had to use cardboard desks such was the lack of space, most were agreed on the key point –
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