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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Law
4 mins to read

Appeal Court backs ruling on Wikeley fraud

Judges unmoved by claim alleged multi-million-dollar contract with Sir Owen Glenn’s Kea Investments was binned by Kentucky hotel.

Sir Owen Glenn, pictured, has been battling a default judgment for US$123.8m obtained from a Kentucky court by Ken Wikeley.

Tim Hunter Fri, 22 Nov 2024

The Appeal Court has upheld findings in the High Court that a US$123.8 million ($210m) judgment against Sir Owen Glenn’s investment company Kea was obtained by the fraudulent conspiracy of ex-pat businessmen Ken Wikeley and Eric Watson.

However, Justices Patricia Courtney, Matthew Muir, and Helen

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Tim Hunter Fri, 22 Nov 2024
Contact the Writer: thunter@nbr.co.nz
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Appeal Court backs ruling on Wikeley fraud
Law,
106830
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