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26 Apr 2024 20:25
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  •   Home > News > Law and Order

    Mainzeal creditors are being told not to hold their breath

    Mainzeal creditors are being told not to hold their breath


    Three former Mainzeal directors are heading back to court, in the legal case over the collapse of Mainzeal.

    Dame Jenny Shipley, Clive Tilby and Peter Gomm, are appealing the High Court decision ordering them to pay a total of 36-million dollars.

    Liquidator Andrew Bethell of BDO says they'll be working with their legal team over the next few days to determine the best action they can take for creditors.

    But he says unfortunately it means it's going to be more time until they get their compensation.

    © 2024 Newstalk ZB, NZCity

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     Top Stories

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    The Chiefs are preparing for a tough physical match-up, when they take on the Waratahs in Sydney More...


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    New Zealanders saw the second-largest tax hike in the developed world last year More...



     Today's News

    Rugby:
    The Chiefs are preparing for a tough physical match-up, when they take on the Waratahs in Sydney 18:57

    Law and Order:
    25 years after the murder of BBC presenter Jill Dando on her front doorstep, unanswered questions remain 18:37

    Rugby:
    The Chiefs are confident they'll be able to get a result in Sydney tonight without captain Luke Jacobson 18:37

    Business:
    New Zealanders saw the second-largest tax hike in the developed world last year 18:07

    Rugby:
    Confidence from the Crusaders coach, heading into tonight's must-win home game against the Melbourne Rebels in Christchurch 17:27

    Law and Order:
    Rose McGowan, Ashley Judd and others react to the overturning of Harvey Weinstein's 2020 rape conviction 17:27

    Environment:
    Severe thunderstorms are forecast for Canterbury this evening 16:58

    Rugby:
    The Crusaders coach isn't mincing his words about the Super Rugby Pacific champions' situation 16:58

    International:
    Chapter to be redacted in Australian version of Rebel Wilson's memoir due to legal reasons 16:07

    Living & Travel:
    A Hawke's Bay man is raising funds for charity by aiming to walk 100 kilometres in his 100th year 15:27


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