NZ Supreme Court confirms Mainzeal directors’ liabilities for over NZ$39 million
The Supreme Court of New Zealand has dismissed directors’ appeals from a finding that they must pay over NZ$6 million and up to NZ$39.8 million for breach of the laws against, in Australian terms, insolvent trading. Yan v Mainzeal Property and Construction Limited (in liquidation) [2023] NZSC 113 (25 August 2023) (nzlii.org) The Court said […]
