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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
1 mins to read

Developer to pay $3.5 million for breaching duties

Victoria Young
Wed, 17 Sep 2014

The Court of Appeal has upheld an order for a developer to pay $3.5 million for breaching directors’ duties.

Arthur Morgenstern - the developer of the $67 million St Lukes Garden apartments project - was taken to court by liquidators of his former companies MSE, Kingdon Development and Axon

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Victoria Young
Wed, 17 Sep 2014
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Developer to pay $3.5 million for breaching duties
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