A group of the country's richest businessmen won a court battle over use of their land near Auckland waterfront.
Multimillionaires Trevor Farmer and his son Dean, inventor Alan Gibbs and property developers Mark Wyborn and Ross Green went to the Environment Court, defending property rights.
Last year's NBR Rich List showed the businessmen had a collective fortune of more than $1 billion.
The Art Deco Society (Auckland) took the case against their Viaduct Harbour Holdings, Viaduct Harbour Management, and Tramco Holdings. Auckland Council, Pier 21 Ltd, Westhaven Properties and Sandford were also defendants.
The Farmers, Gibbs, Wyborn and Green are Viaduct Harbour Holdings' directors, owning more than 20ha of waterfront land including the Viaduct Basin, Lighter Quay and parts of Wynyard Quarter, which they in turn lease long-term to building owners.