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Updated · New Zealand Herald · Jul 7Winton Land Drops Appeal Against $100,000 Employment Ruling
1 articles · Updated · New Zealand Herald · Jul 7Summary
- Winton Land has abandoned its bid to challenge an Employment Relations Authority decision requiring it to pay more than $100,000.
- A company spokeswoman said the litigation would not proceed, confirming Winton Land decided not to continue with the appeal.
- The move leaves the authority's ruling in place for the retirement village, property development and investment company.
Insights
Why did Winton Land drop its $100k appeal just as its powerful CEO was forced to resign from his top jobs? With its ex-CEO still on the board, can Winton Land truly fix the cultural problems that led to the payout? What does a 'board-led employment process' mean when the target is the company's founder, chair, and majority shareholder?