Fresh development in Kiwi developer's fund collapse
Receivers granted access to records of fund, which collapsed owing investors $800 million.
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Australian receivers to a managed performance fund run by expat New Zealand businessman Peter Drake has been granted access to the fund’s books and records, which collapsed owing investors $800 million.
In March last year, administrators were appointed to LM, which was founded by Mr Drake and ran
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Calida Smylie
Thu, 29 Jan 2015
Thu, 29 Jan 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Fresh development in Kiwi developer's fund collapse
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