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

Arria investor wins $144k buyback order

District Court finds software company's co-founder Gerald Henry in breach of shareholder agreement.

Arria NLG has been developing software to convert raw data into natural language.

Tim Hunter Mon, 04 Mar 2024

Gerald Henry, a consultant involved in raising capital for software company Arria NLG, has been ordered to pay $144,000 to an Arria shareholder after failing to honour a promissory note provided with her initial investment in 2016.

In a ruling dated February 15, District Court judge David Clark said

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Tim Hunter Mon, 04 Mar 2024
Contact the Writer: thunter@nbr.co.nz
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Arria investor wins $144k buyback order
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