Mainzeal directors caught out by insurance cover claims
Premiums for directors and officers' insurance cover rising due to more investor cases.
Lawyers acting for QBE, the underwriter of the Mainzeal directors' liability insurance cover, won’t comment on who is funding the defendants’ appeal.
The High Court in February ruled that the Mainzeal directors Richard Yan, former prime minister Dame Jenny Shipley, Peter Gomm and Clive Tilby
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