Liquidators say ‘significant increase’ in Mainzeal damages likely
Court of Appeal finds directors should not have entered into four significant contracts.
Hamish McNicol
Wed, 31 Mar 2021
The liquidators of Mainzeal, which collapsed owing more than $111 million in 2013, say a Court of Appeal ruling will likely lead to a significant increase in damages against former directors including Dame Jenny Shipley and Richard Yan.
The Court of Appeal today rejected an appeal by the former
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Hamish McNicol
Wed, 31 Mar 2021
Contact the Writer: Hmcnicol@nbr.co.nz
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Liquidators say ‘significant increase’ in Mainzeal damages likely
Law,
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