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

Mainzeal liquidators pursue Yan in China for $61m

High Court issues orders allowing bankruptcy notice to be served via newspaper adverts.

The Supreme Court found Mainzeal boss Richard Yan breached directors' duties in the lead-up to Mainzeal's collapse.

Tim Hunter Tue, 30 Jan 2024

Advertisements have been placed in Chinese newspapers notifying former Mainzeal managing director Richard Yan of bankruptcy proceedings brought by liquidators seeking payment of $60.9 million.

In August last year the Supreme Court ordered Yan and three other Mainzeal directors – Dame Jenny

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
Tim Hunter Tue, 30 Jan 2024
Contact the Writer: thunter@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.
Mainzeal liquidators pursue Yan in China for $61m
General Business,
102478
true