Action gives hope of more money for North South Finance investors owed $46m.
Failed shake-and-pour cocktail company VnC Cocktails has sold but shareholders with $4.5 million invested are unlikely see a cent.
Debentures not recorded at date of receivership.
Receivers granted access to records of fund, which collapsed owing investors $800 million.
The offer will lapse unless Connor receives a minimum of 90 percent acceptance from shareholders by the closing date.
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