FMA gets clarification of investor eligibility for wholesale offers – but not quite the clarification it wanted.
Wellington-founded Montoux was placed into liquidation late last year after US multinational lawsuit.
The pharmacist-turned-beekeeper, now known as Kupe Jiang, pleaded risk of bankruptcy to try and get out of paying court costs.
The NBR Rich Lister’s conviction for insider trading will stand after Supreme Court rejects his application for leave to appeal.
A last-minute settlement staves off court action for former business partner and school friend of NBR Rich Lister Nick Mowbray, but puts other defendants in an ‘awkward position’.
An attempt to usurp liquidators’ authority in Kentucky is declared void as lawyer for the fraudster’s children faces sanction.
Legal action in the tax haven seeks to block $7.7b New Zealand class action.
The company has reached a settlement with investors owed $172,000.
Waikato-based Nicola Adam of Herbert Morton was the external accountant for failed property developer Du Val.
Employee shareholders claim self-interested transactions by directors transferred billions of value to institutional shareholders.