Employee shareholders seeking compensation for alleged board self-dealing say latest move will stymie efforts to block their claim in the Cayman Islands.
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.
The unnamed accountant apologised and was remorseful at a disciplinary hearing today.
High Court rules against interim orders to halt port’s fast-track application but agrees need for judicial review.
High Court ruling places 70% of PGC in the hands of receivers seeking recovery of $89m debt to BNZ.
‘Novel’ application followed Court of Appeal ruling search warrants issued to the SFO in separate case were invalid.
