Nathans Finance - Directors direct and Managers manage under the supervision of the Board, not all is delegable
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On Friday 8 July 2011, Justice Paul Heath delivered the judgement with respect to Nathans Finance NZ Ltd.
Finance company failures captured NZ$8.5 billion of investor funds and the landmark Nathans decision establishes a significant precedent.
Click here to view a copy of the Media Release. For the full judgement .... READ MORE.