What’s at stake: Whether a $3 million performance bond guaranteeing a $149m landmark Tauranga development can be paid out or not.
Background: The court heard last monththat Hawkins and an entity controlled by the owners of major retail chains including Farmers and Whitcoulls were in dispute over significant delays at the development.
Main players: Hawkins, Downer EDI, NBR Listers David and Anne Norman.
Construction firm Hawkins has successfully blocked an entity controlled by NBR Listers David and Anne Norman from calling on a $3 million performance bond as part of a dispute over a $149m landmark Tauranga development.
Last month, the High Court at Auckland heard a dispute between the Normans’
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What’s at stake: Whether a $3 million performance bond guaranteeing a $149m landmark Tauranga development can be paid out or not.
Background: The court heard last monththat Hawkins and an entity controlled by the owners of major retail chains including Farmers and Whitcoulls were in dispute over significant delays at the development.
Main players: Hawkins, Downer EDI, NBR Listers David and Anne Norman.
