close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
6 mins to read

Directors likely to display more caution in wake of Mainzeal decision

Mainzeal judgment sets precedent for directors' personal liability.

The $36 million damages awarded against four Mainzeal directors will send a chill through the construction industry and make company board members much more cautious.

AUT Professor John Tookey says a lot of construction companies are running on zero profit margins for some periods of time.

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Graham Skellern Wed, 27 Feb 2019
Contact the Writer: graham@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Directors likely to display more caution in wake of Mainzeal decision
General Business,
78323
true