Latest Personal Injury Law News

Feltex defendants pour scorn on expert witnesses
Wednesday June 04th 2014, 11:46 pm Filed under Shareholder lawsuit

Lawyers for directors in the Feltex Carpets shareholder lawsuit say the plaintiff has failed to draw a link between alleged misleading statements in the carpet maker's 2004 initial public offering prospectus and its eventual failure in 2006. Alan Galbraith QC told the High Court in Wellington that plaintiff Eric Houghton had presented a "res ipsa loquitur" argument (Latin for" the thing speaks ... [News Source]