CBL settlement: Don’t mention the money
Court hearing to approve a deal settling claims against directors keeps details suppressed.
CBL’s former HQ on Shortland Street, Auckland.
Tim Hunter
Thu, 08 Jun 2023
As the High Court heard presentations seeking its approval of multi-million dollar settlements in hefty legal claims against former directors of failed insurer CBL, the one detail counsel studiously avoided mentioning was a dollar figure.
The closest anyone got was the counsel for liquidators of CBL
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Tim Hunter
Thu, 08 Jun 2023
Contact the Writer: thunter@nbr.co.nz
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CBL settlement: Don’t mention the money
Law,
99431