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

The case with ‘a chilling effect on all business directors’

Every business in New Zealand will be watching a family business facing a criminal proceeds claim usually reserved for organised crime, lawyers say.

The Court of Appeal confirmed the Commissioner of Police must give an undertaking as to damages in a test case.

Liam Rātana Thu, 07 Mar 2024
Key points
  • What’s at stake: The potential redefinition of legal risks for NZ businesses, with a family enterprise at the centre of an unprecedented criminal proceeds claim.
  • Background: After a fatal accident and health and safety breaches, Salters Cartage faced a legal challenge under the Proceeds of Crime Act, with $11 million and company assets at stake.
  • Key players: Jamey Lee Bowring, Ron Salter, Salters Cartage, Commissioner of Police.

A death, restrained assets, and $11 million under claim – it’s a headline fit for a story about organised crime and drug lords. Instead, this is a tale of a family business that failed to comply with health and safety standards, and the unprecedented legal case that ensued.

It has been nine

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Liam Rātana Thu, 07 Mar 2024
Contact the Writer: liam@nbr.co.nz
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Key points
  • What’s at stake: The potential redefinition of legal risks for NZ businesses, with a family enterprise at the centre of an unprecedented criminal proceeds claim.
  • Background: After a fatal accident and health and safety breaches, Salters Cartage faced a legal challenge under the Proceeds of Crime Act, with $11 million and company assets at stake.
  • Key players: Jamey Lee Bowring, Ron Salter, Salters Cartage, Commissioner of Police.
The case with ‘a chilling effect on all business directors’
Law,
103088
true