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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
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,

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Reweti Kohere Mon, 12 Aug 2019
Contact the Writer: reweti@nbr.co.nz
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Liquidators to Richard Yan: Pay now or face bankruptcy
Law,
80424
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