Creditors unlikely to get money back in $25m Helipro collapse
Inside word from the receiver.
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It is highly unlikely Helipro’s creditors will be paid back the more than $25 million debt owing, receivers say.
PwC were appointed receivers on October 8 for Palmerston North-based Rick Lucas Helicopters, which owns helicopter tourism company HeliPro, along with subsidiaries HeliPro Aviation
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Calida Smylie
Wed, 10 Dec 2014
Wed, 10 Dec 2014
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Creditors unlikely to get money back in $25m Helipro collapse
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