Auction house collapse raises concern over trust accounts
Updated: The Australian parent of the Auckland auction house is to be wound down.
Fiona Rotherham Tue, 16 Jan 2018
Updated: The voluntary administrators of Melbourne-based art auction house Mossgreen say the owner Paul Sumner is not in a position to proceed with his proposed restructure of the business and they’ll now begin an orderly wind down of the indebted business.
This week its New Zealand arm,
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