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Hot Topic Scrutiny Week
Hot Topic Scrutiny Week
Law
2 mins to read

Mainzeal’s Richard Yan bankrupted

The failed construction company’s former boss hasn’t yet paid anything towards a Supreme Court order of $60m, liquidators say.

Richard Yan was one of four directors sued for breaching their duties at Mainzeal.

Maria Slade Thu, 09 May 2024

More than a decade after Mainzeal went into liquidation, its former boss Richard Yan has been bankrupted.

The construction firm collapsed in 2013 leaving creditors and subcontractors $111 million out of pocket.

Yan and fellow directors Dame Jenny Shipley, Peter Gomm, and Clive Tilby were ordered by

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Mainzeal’s Richard Yan bankrupted
Law,
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