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30 Apr 2024

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Employers prepare for Covid-19
With five confirmed coronavirus cases in the country, smart employers will be preparing for the possibility of implementing wider-ranging work-from-home arrangements as part of their business contingency plans.Karyn Gould from K3...

Pyne Gould will delist in November after minorities back shift to Guernsey
Pyne Gould Corp will leave the NZX next month after minority investors backed a shift to The International Stock Exchange (TISE) in Guernsey, where the firm is domiciled

Torchlight investors abused process in wind-up attempt, Caymans court rules
The Cayman Islands Grand Court has found investors in the Torchlight fund abused the process in trying to wind up the distressed asset vehicle linked to Pyne Gould Corp

Pyne Gould says litigation likely over Perpetual Trust sale
Pyne Gould Corp says it's more likely to head to court to recover what it claims it's owed on the sale of Perpetual Trust to Bath Street Capital five years ago

Pyne Gould takes control of Torchlight Fund in deal with aggrieved investors
Pyne Gould Corp will take control of its Torchlight Fund as part of a deal with unhappy investors, including Accident Compensation Corp and Crown Asset Management, who had pursued the distressed asset investor through the Cayman Islands courts

Bryan Gould: Air NZ must be told marooning towns not part of plan
Reports that Air New Zealand have been charging Kiwis twice as much for domestic flights out of Auckland as they charge Australians will come as no surprise to those in the provinces who are sadly all too familiar with the priority...

Pyne Gould first-half profit gains on Wilaci settlement
Pyne Gould Corp more than tripled first-half profit as the investment firm settled litigation with Australian businessman John Grills' Wilaci unit, offsetting an operating loss on smaller investment gains and skinnier land development margins

Problems at Civil Aviation Authority bigger than ex-chairman, industry says
There were fears about the CAA long before Nigel Gould's departure, says pilot.

Problems at CAA go deeper than ex-chairman, industry people say
By Michael Cropp for RNZ Aviation insiders want to see more change at the Civil Aviation Authority following the departure of chairman Nigel Gould.Mr Gould was asked to step aside two days ago following months of negative publicity...

Pyne Gould plans to quit NZX for Guernsey bourse
Pyne Gould Corp wants to quit the NZX in favour of a listing in Guernsey, where the company is now based

Pyne Gould restarts $22M Perpetual Trust litigation five years after sale
Pyne Gould Corp is trying to litigate its way into a $22 million windfall over money it says it's owed from the 2013 sale of Perpetual Trust.

PGC's Torchlight Fund to pay departing investors A$25.5M
Pyne Gould Corp's Torchlight Fund has 30 months to make a fixed redemption payment of A$25.5 million after the firm announced a deal with unhappy investors who pursued the distressed asset investor through the Cayman Islands courts

Trade pain: Small companies hit by import, export tariffs
NEW YORK (AP) � Time and effort have gone down the drain for Steve Gould, who is scrambling to find new customers for his gin, whiskey and other spirits since the United States has taken a tough stance on trade issues.Before the...

Brian Gould: A budget surplus takes spending out of the economy
It was Charles Dickens' Mr Micawber who famously defined the essence of successful economic management, when he said, "Annual income twenty pounds, annual expenditure nineteen, nineteen, and six, result happiness. Annual income twenty...

Turnbull government looks set to secure company tax rate cut
The federal government is optimistic it will pass a historic deal to cut the company tax rate for Australian businesses.Speaking on Today this morning, Leader of the House Christopher Pyne said he expects the legislation to clear...