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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Law
3 mins to read

Mainzeal decision shows legislative reform needed: Bell Gully

Law prohibits directors from accepting levels of risk 'permissible in other jurisdictions'.

Richard Yan and Dame Jenny Shipley.

Partners at law firm Bell Gully have joined a growing chorus calling for a legislative review of directors' duties following the Supreme Court's long-awaited Mainzeal judgment last week.

On Friday, the Supreme Court dismissed appeals from the four directors of failed construction company Mainzeal

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Hamish McNicol Wed, 30 Aug 2023
Contact the Writer: Hmcnicol@nbr.co.nz
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Mainzeal decision shows legislative reform needed: Bell Gully
Law,
100655
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