2023-08-30 06:30
Mainzeal decision shows legislative reform needed: Bell Gully
Law prohibits directors from accepting levels of risk 'permissible in other jurisdictions'. Richard Yan and Dame Jenny Shipley. Partners at law firm Bell Gully have joined a growing chorus calling for a legislative review of directors' duties following the Supreme Court's long-awaited Mainzeal judgment last week. On Friday , the Supreme Court dismissed appeals from the four directors of failed construction company Mainzeal Want to read more? It's easy. Choose your best value subscription option Get two weeks free access to NBR's Premium Online Subscription, which includes full access to all of NBR's great content on any device.

https://www.nbr.co.nz/law/mainzeal-decision-shows-legislative-reform-needed-bell-gully/

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