NZX fails in bid to prevent court coverage
NZX chief executive Mark Weldon did not attend the chambers hearing which Justice Warwick Glendall allowed media to attend.
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Lawyers for stock exchange operator NZX are in closed court in Wellington arguing whether the exchange’s case against parties associated with its purchase of the Clear grain exchange for $A6.4 million in 2009 should be held here or across the Tasman.
NZX chief executive Mark Weldon did not attend the chambers hearing which Justice Warwick Glendall allowed media to attend.
As part of ongoing coverage of the stoush Tasman, NBR applied to the Wellington High Court last week for permission to take photos. NZX opposed the move, and lawyers for the exchange also asked that media be removed from today's proceedings. Justice Glendall denied both request.
The case is set down for one day.
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NZX fails in bid to prevent court coverage
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