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Hot Topic EARNINGS
Hot Topic EARNINGS
2 mins to read

Failed mortgage trust’s suit against managers, auditor may avoid trial

Investors continue wait for recovery post-Canterbury Mortgage Trust collapse.

Victoria Young
Wed, 30 May 2018

Parties in a long-running lawsuit to recover funds for investors in Canterbury Mortgage Trust (CMT) have taken steps to settle out of court.

Some 5000 investors are awaiting the outcome of a lawsuit taken by the trustees of the failed trust against its former managers and auditor

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Victoria Young
Wed, 30 May 2018
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Failed mortgage trust’s suit against managers, auditor may avoid trial
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