DLA Piper partner Carl Blake says this is the Human Rights Tribunal's third recent high damages award.
The person was last week found guilty of insider trading following a jury trial.
Law prohibits directors from accepting levels of risk 'permissible in other jurisdictions'.
Supreme Court reiterated Court of Appeal’s view there was ‘incoherence’ in the legislation.
Liquidators vow to pursue directors, insurer QBE, after landmark directors’ duties Supreme Court decision following more than eight years of litigation.
But their identity remains a secret due to ongoing name suppression.
Email from Synlait director John Penno to A2 Milk CEO David Bortolussi central to issues in dispute between two other companies, says judge.
The case is being brought by a minority shareholder against its former directors, which include NZX-listed Accordant Group boss Jason Cherrington.
NBR last March revealed details of the long-running dispute between chemicals group and a man called Rod Simmonds.
Details ‘of extreme commercial sensitivity’ involved in dispute over tech company transaction.