By Chris Hutching
|
Friday 1st October 2004 |
Text too small? |
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.
No comments yet
CVT - Update on banking facilities
April 9th Morning Report
April 8th Morning Report
ATM - In principle agreement to settle shareholder class action
SUM - 1Q26 Metrics - Sales of Occupation Rights
GMT corporatised and stapled structure completed
April 7th Morning Report
KMD completes Placement and Institutional Entitlement Offer
SML - North Island asset sale completed
RAD - Radius Care Expansion Continues with Care Home Acquisition