close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Hunter’s Corner
9 mins to read

To sue directors or not, that is the question

Shareholders in failed insurer CBL have two class actions to choose from.

Tim Hunter Fri, 25 Oct 2019

Class actions are like buses. You wait all year for one to come along and then two arrive at once.

While shareholders facing collective losses of $747 million in failed insurer CBL might view the situation as bizarre, it could yet be weirder than that.

CBL’s troubles hit the public

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 Fri, 25 Oct 2019
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.
To sue directors or not, that is the question
Hunter’s Corner,
81366
true