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

CBL and shareholders scrap over insurance monies claim

Cause of legal action’s viability hinges on where failed company’s overseas insurers resided.

Reweti Kohere Mon, 22 Feb 2021

Whether the overseas underwriters of New Zealand’s CBL Corporation carried on their businesses locally is at the heart of a pre-trial skirmish in the Auckland High Court between the collapsed insurer and one group of shareholders.

The former NZX-listed insurer, now in liquidation, has asked

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Reweti Kohere Mon, 22 Feb 2021
Contact the Writer: reweti@nbr.co.nz
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CBL and shareholders scrap over insurance monies claim
Law,
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