Sharechat Logo

Grierson stands up to Aussies

By Chris Hutching

Friday 1st October 2004

Text too small?
Auckland entrepreneur Josephine Grierson said her Fox Outlet Centre outlet in Northcote will open on Labour Weekend in spite of further legal action by Australian retail giant Westfield to stymie the development.

The action by Westfield's New Zealand-registered subsidiary, appealing to the Supreme Court, would not affect any legal arrangements with joint-venture partner Dominion Funds and only one of the leases of the 50-odd shops at the centre might be affected if the action were successful.

As an insurance, her development company had applied for new resource consents anyway.

But Ms Grierson said she was confident the Westfield action had little chance of success or it would be a huge injustice.

She said she understood Westfield had seven other resource consent-related cases under way in New Zealand.

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Spark New Zealand appoints new director to the Spark Board
AFT to announce full year results on May 23 2024
CRP - Korella North Takes Another Two Steps Forward
May 3rd Morning Report
ASB workers to strike as bank proposes an effective pay cut
Rising tides, sinking stocks: study explores cost of climate change
May 2nd Morning Report
AGL - Change in Senior Management
Devon Funds Morning Note - 01 May 2024
Rick Christie to step-aside as a non-executive director