Listed carpet maker Bremworth is preparing to call a special meeting requested by disgruntled shareholders representing 11.5% of the company’s capital, seeking to remove current directors and appoint new ones. The board, engaged in a strategic review, has attempted to engage with the shareholders to avoid disruption but faces resistance from the requesting shareholders, who want Robert Hewett as the new chair due to potential conflicts of interest. Further details on the meeting will be provided to shareholders in due course.
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High Court judge criticises Oranga Tamariki, awards $108,000 to former foster parents
Oranga Tamariki has been ordered to pay over $100,000 in legal costs due to its unsuccessful attempt to remove a Māori child, referred to as "Moana," from her Pākehā foster parents, which Justice Helen Cull criticized as an 'egregious' campaign to discredit the couple. The costs stem from a High Court ruling regarding the child's long-term care after being placed with the Smiths in 2018. Want More Context? 🔎
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