Chinese banks to liquidate CBL Corp
No opposition expected, say administrators.
Tim Hunter
Fri, 07 Dec 2018
Liquidation is the likely outcome for CBL Corporation on December 17 when two Chinese banks owed a collective $64 million to have their application to wind up the company heard by the High Court.
A watershed meeting for creditors of the failed insurance group was due to take place by December 18
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Tim Hunter
Fri, 07 Dec 2018
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