Mainzeal liquidators seek to appeal partial setback in claim

Mainzeal liquidators seek to appeal partial setback in claim for damages


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Former prime minister Dame Jenny Shipley was one of the Mainzeal directors.
In February 2019, Mainzeal directors, Shipley, Yan, Peter Gomm and Clive Tilby were found liable for breaching director duties by trading recklessly, and ordered to pay a total of $36m in damages and $2.3m in costs to Mainzeal.
When the March judgment from the Court of Appeal was published, the liquidators said it was likely to lead to a significant increase in the award for damages for the creditors.
The court had opened up “the real prospect” of all directors being jointly and severally liable for the full amount of damages, Bethell said.

Related Keywords

Richard Yan , Clive Tilby , Dame Jenny Shipley , Peter Gomm , Brian Mayo Smith , Andrew Bethell , Supreme Court , High Court , March Court , ரிச்சர்ட் யான் , டேம் ஜென்னி ஷிப்லி , பிரையன் மயோ ஸ்மித் , ஆண்ட்ரூ பெத்தேல் , உச்ச நீதிமன்றம் , உயர் நீதிமன்றம் , அணிவகுப்பு நீதிமன்றம் ,

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