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Open mike 27/08/2023

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Mainzeal judgement: Directors ordered to pay nearly $40m in penalties

The Supreme Court has rejected the appeal of the four directors of the collapsed construction firm Mainzeal and ordered them to pay $39.8m in.

valedictory statements « The Standard

valedictory statements « The Standard
thestandard.org.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestandard.org.nz Daily Mail and Mail on Sunday newspapers.

Mainzeal directors lose appeal, ordered to pay nearly $40m in damages

The Supreme Court has rejected the appeal of the four directors of the collapsed construction firm Mainzeal, with $39.8m in damages, plus interest, awarded against them for breaching the Companies Act.

Former New Zealand prime minister Shipley ordered to pay $3.9 million after company collapse | Crime

Former New Zealand Prime Minister Jenny Shipley has been ordered by the country’s highest court to pay NZ$6.6 million ($3.9 million) plus interest as compensation for her role in the collapse of a construction company, a judgement released Friday said.

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