Yeah, this certainly means that Terry and therefore the Nix are doomed. There's no way the DomPost are breathlessly hyping something which will end as a damp squib.
Sure Terry might once again manage to pull a rabbit out of the hat and keep on trading but it's not like it's not news when one of Wellington's major businessmen has spent the last six months more and more deperately juggling to keep all his many companies head's above water. Most of you dislike the Dom simply because they dare to tarnish Terry's halo. Personally i think it's news when any major finanical figure's lawyer jumps ship at the last minute and no one shows up to court even tho its obvious there will be consequences