It has been 10 years since the collapse of construction company Mainzeal, and for much of that decade the company’s directors have been embroiled in a legal battle between them and creditors over how it went down.
That finally ended last week, with the Supreme Court ordering the directors, including former Prime Minister Jenny Shipley, to pay out nearly $40 million.
So how did Mainzeal come to this – and what does this mean long-term for company directors, who may now find themselves in difficult legal positions?
Today on The Front Page, Damien is joined by BusinessDesk investigations editor Victoria Young, who has been following this case through the courts.
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Damien Ventuto
Producer: Shaun D Wilson
Executive Producer: Ethan Sills
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