First instalment received after settlement, say liquidators, but amount remains confidential.
The formerly listed buy-now, pay-later firm went into receivership in June.
Chris Meehan’s Nigel Carruthers Aviation vs Skyline Aviation tussle in High Court after business agreement terminated.
Commerce and Consumer Affairs Minister says businesspeople need to be encouraged to take prudent risk.
NZX-listed Eftpos equipment provider Smartpay found to have not served bankruptcy notice correctly.
Disciplinary Tribunal publishes ruling after pair admit charges of ‘conduct unbecoming an accountant’.
Redacted asset preservation order obtained by NBR also reveals unreported restrictions on Hamilton law firm iClaw.
Chapman Tripp has called for repeal of reckless trading duties for clubs and societies but Andrew Bayly says ‘no immediate evidence’ for such a move.
The proceedings related to historic land covenants in Napier, Lower Hutt, and Wellington, which the judge said was a ‘deliberate effort’ to hinder competitors at that time.
The pair were found, in April last year, to have breached the market manipulation and disclosure provisions under the FMC Act.