Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Robert Whale suspended for twelve months from legal practice

Robert Barry Whale suspended for twelve months from legal practice

The New Zealand Lawyers and Conveyancers Disciplinary Tribunal has suspended Robert Barry Whale from practice as a barrister and solicitor for a period of twelve months commencing from 20 March 2014.

Mr Whale was admitted as a barrister and solicitor in 1970 but does not currently hold a practising certificate, having not renewed his certificate as at June 2013.

The tribunal has also ordered Mr Whale to pay the costs of the New Zealand Law Society, which had charged him with having been convicted of an offence punishable by imprisonment with the conviction tending to bring his profession into disrepute.

Mr Whale admitted the charge.

The criminal convictions were Securities Act offences committed when he was a director of Dominion Holdings Finance Ltd and its subsidiaries Dominion Finance Group Ltd and North South Finance Ltd.

As a director of an issuer of securities Mr Whale was convicted of four offences for signing registered prospectuses that were distributed and which included untrue statements. As a director of an issuer of securities he was also convicted of three offences for distributing an advertisement that included untrue statements.

New Zealand Law Society President Chris Moore said the High Court found that Mr Whale’s conduct amounted to “gross negligence” and he had admitted that he had not read the prospectuses before signing them.

“Our securities laws are there to protect the public and to keep investors fully informed. The public is entitled to expect that members of the legal profession will perform to a high standard and ensure that protection is maintained,” he said.

Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

SOE Results: TVNZ Lifts Annual Profit 25% On Flat Ad Revenue, Quits Igloo

Television New Zealand, the state-owned broadcaster, lifted annual profit 25 percent, ahead of forecast and despite a dip in advertising revenue, while quitting its stake in the pay-TV Igloo joint venture with Sky Network Television. More>>

ALSO:

Insurers Up For More Payouts: Chch Property Investor Wins Policy Appeal In Supreme Court

Ridgecrest NZ, a property investor, has won an appeal in the Supreme Court over insurance cover provided by IAG New Zealand for a Christchurch building damaged in four successive earthquakes. More>>

ALSO:

Other Cases:

Royal Society: Review Finds Community Water Fluoridation Safe And Effective

A review of the scientific evidence for and against the efficacy and safety of fluoridation of public water supplies has found that the levels of fluoridation used in New Zealand create no health risks and provide protection against tooth decay. More>>

ALSO:

Scoop Business: Croxley Calls Time On NZ Production In Face Of Cheap Imports

Croxley Stationery, whose stationery brands include Olympic, Warwick and Collins, plans to cease manufacturing in New Zealand because it has struggled to compete with lower-cost imports in a market where the printed word is giving way to electronic communications. More>>

ALSO:

Prefu Roundup: Forecasts Revised, Surplus Intact

The National government heads into the election with its Budget surplus target broadly intact, delivering a set of economic and fiscal forecasts marginally revised from May to reflect weaker commodity prices and a lower tax take. More>>

ALSO:

Convention Centre: Major New SkyCity Hotel And Laneway For Auckland

Today SKYCITY Entertainment Group Limited revealed plans to build a new hotel and pedestrian laneway of bars, restaurants and boutique shopping on land it owns in the Nelson and Hobson Streets block, expanding the SKYCITY Entertainment Precinct. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news