Significant implications for directors, particularly if creditors are well-funded or ‘determined’, lawyer says.
The Commerce Commission claims more than $7 million was incorrectly charged to more than 36,000 customers.
High Court hears presentations on agreed penalty after insurer’s managing director admits misleading conduct and disclosure failures.
High Court action cites breach of contract by Christchurch owners of townhouse and apartment developer.
FMA claims due to be heard this month have been adjourned until outcome of SFO criminal appeal.
Receivers of the company that owned the luxury Six Senses Resort in Fiji appointed liquidators to Andrew Griffiths’ company in February last year.
Nikki Connors had her assets frozen by the Christchurch High Court in December.
New obligations and licensing requirements have largely bedded in well a year after becoming mandatory, regulatory report finds.
The High Court has imposed a pecuniary penalty against Matthew Hill following a series of anonymous posts between 2013 and 2020.
The Commerce Commission wants to see legislative changes and higher penalties imposed.