Businessman may face ban from running companies - News Summed Up

Businessman may face ban from running companies


Malcolm BurnsA bankrupt Mosgiel businessman could be banned from running companies for up to a decade after facing three liquidations in the past four years. It comes as a Dunedin businessman, who claims he is owed thousands by Mr Burns, is calling for tougher penalties on companies who ‘‘just take the piss’’ and intentionally rack up big bills. In January last year, Mr Casey said Mr Burns hired several shipping containers in which to store his personal effects. The liquidators also said it was understood Mr Burns intended to present a settlement plan to seek the removal of his bankruptcy status. Mr Burns disputed Mr Casey’s claims and said he was ‘‘recovering my position and providing solutions to pay creditors respectfully’’.


Source: Otago Daily Times April 06, 2026 17:47 UTC



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