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Liquidators of collapsed Auckland-based construction company Mainzeal are pursuing Shanghai businessman Richard Yan for over US$60 million that he owes to the company’s creditors, in a case that has implications for Chinese developers operating in New Zealand.
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OPINION Hell, what a year. For some it was a triumph; for most, it couldn’t be over fast enough. To kick off the year’s legal highs and lows is legal...
The National Business Review Online is New Zealand's authority in breaking business news and analysis.
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OPINION: It wouldn't be surprising if the appetite for directorships declined as a result.
Jenny Shipley, New Zealand’s prime minister between 1997 and 1999, has been ordered to pay US$3.9m after the collapse of the Mainzeal construction company, for which she was a director.