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NZX vs Ralec: Clear starved of funds or spendthrifts?

Mark Weldon in witness box: "You would have to be out of your mind to give Mr Thomas a credit card" | PLUS: Coffee cups and baseball hats: an embarrassing exchange for Weldon on b-to-b marketing. With special feature audio.

Jenny Ruth
Thu, 19 May 2016

Did NZX starve the managers of the Australian Clear Grain Exchange of funds after its purchase or were the executives just cavalier spendthrifts?

This was a key question today in the long-running NZX versus Ralec case before the Wellington High Court.

Ralec was the vendor of Clear and two of its

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Jenny Ruth
Thu, 19 May 2016
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NZX vs Ralec: Clear starved of funds or spendthrifts?
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