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

Mainzeal directors' bill may reach $50 million

Liquidators claim legal costs and interest on top of $36m damages.

The Mainzeal directors rejected two offers to settle that were significantly lower than the $36 million damages ordered by the High Court for the collapse of the well-known property and construction company.

The Mainzeal liquidators made an offer to settle their claim against the directors for a

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Graham Skellern Fri, 10 May 2019
Contact the Writer: graham@nbr.co.nz
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Mainzeal directors' bill may reach $50 million
Law,
79206
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