Mainzeal liquidators mull bankruptcy action
Former directors each owe at least $10 million, latest report from BDO says.
Richard Yan and Dame Jenny Shipley.
Hamish McNicol
Mon, 25 Sep 2023
Hot Topic
Hawke’s Bay
The liquidators of failed construction company Mainzeal are mulling issuing bankruptcy proceedings against its former directors after the Supreme Court last month found they were liable for more than $40 million.
In August, the long-awaited Supreme Court decision in what was dubbed the directors’
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Hamish McNicol
Mon, 25 Sep 2023
Contact the Writer: Hmcnicol@nbr.co.nz
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