A SkyCity VIP is due back nearly $350,000 in legal fees and expenses after her friend unsuccessfully sued her over an alleged $800,000 gambling debt.
Over 11 months between April 2014 and March 2015, Xiufang Sun claimed she had loaned $800,000 to fellow SkyCity VIP Hanyue Xiao and had only been repaid $100,000.
But the High Court Justice Christine Gordon, in a decision in March, found Sun had actually loaned Xiao about $133,000 with the remaining amount made up of interest and repayment costs.
Justice Gordon ruled the loan agreements were consumer credit contracts but said Sun had not complie…
Read the full article at: https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12079748