CBL Insurance in liquidation
Reserve Bank cites dishonesty and long-term insolvency as company finally folds.
Tim Hunter
Mon, 12 Nov 2018
Evidence of serious impropriety, chronic insolvency and failure to comply with Reserve Bank directions were reasons to order the immediate liquidation of failed insurer CBL Insurance, the High Court heard today.
The company was the main operating subsidiary of NZX-listed CBL Corporation, worth
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Tim Hunter
Mon, 12 Nov 2018
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