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Equitable wins battle against Marac for Petherick rentals

Chris Hutching for NBR NZ Property Investor
Mon, 12 Mar 2012

The collapse of Petherick Properties in Wellington prompted a legal fight over the priority of creditors.

Petherick Properties (in receivership and liquidation) owned Morrison Kent House and Randstad House.

Finance company Equitable Property Holdings held registered mortgages over both

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Chris Hutching for NBR NZ Property Investor
Mon, 12 Mar 2012
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Equitable wins battle against Marac for Petherick rentals
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