The company estimates about 100 new tanks for holding wine will need to be replaced in the Marlborough region.
A quick summary of key developments.
"Why are people still in the CBD when Ken Lavery is saying they need to do more inspections and expect to cordon off new areas? Seems to me like they have let people back in prematurely"
A case which keeps giving. If anyone ever had any doubts about how the NZX was grossly mismanaged, the Ralec case must have cleared all doubts by now.
NBR BUSINESS PULSE
Veritas board is looking at offshore meat retailing trends, given it can no longer compete on price.
"'Veritas shareholders vent spleen at Mad Butcher, Nosh performance' - Can't blame them. I'd be wanting to add Cook's kidneys in a steak pie, and fry his liver with bacon"
Banking & Finance
Law & Courts
"Smart judge. From all accounts there was no way for either side to prove their consequential losses"