Arundel Park receivership wraps; 'ratbag' developer escapes bankruptcy
Receivership of Paritai Drive’s Arundel Park development is wrapping up and the shortfall to South Canterbury Finance means the kitty’s empty for unsecured creditors.
The collapsed financier was owed about $15.6 million from the six-unit subdivision, but has come up almost $7 million short –
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Georgina Bond
Tue, 17 Jan 2012
Tue, 17 Jan 2012
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Arundel Park receivership wraps; 'ratbag' developer escapes bankruptcy
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