Former prime minister Dame Jenny Shipley has failed in her bid to get the Supreme Court to throw out an award of more than $6 million in compensation against her for her role in the collapse of construction company Mainzeal.
Mainzeal was put into liquidation in February 2013 while Shipley was chairperson of its board, owing creditors, including many smaller New Zealand building companies, just over $110m.
The companys liquidators Andrew Bethell and Andrew McKay from BDO sued Shipley, and three other Mainzeal directors claim…
Read the full article at: https://www.stuff.co.nz/business/132799391/former-prime-minister-dame-jenny-shipleys-mainzeal-supreme-court-appeal-fails