close
MENU
Law
2 mins to read

Liquidators to Richard Yan: Pay now or face bankruptcy

Mainzeal director jointly and severally liable for the full $36m in damages.

Reweti Kohere Mon, 12 Aug 2019

Liquidators of failed Mainzeal say they have no choice but to ask the High Court to order former director Richard Yan to front up with the $18 million in damages he personally owes to creditors.

After an eight-week trial, Yan was found liable, along with former prime minister Dame Jenny Shipley,

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Reweti Kohere Mon, 12 Aug 2019
Contact the Writer: reweti@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Liquidators to Richard Yan: Pay now or face bankruptcy
Law,
80424
true