Judge rejects McKillen's 'paltry' offer to creditors
Judge comments on the large-scale "evaporation of wealth" under VnC Cocktails founder Shane McKillen's watch.
Calida Smylie
Fri, 18 Dec 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
A three cents in a dollar creditor deal proposed by VnC Cocktails’ founder Shane McKillen has been rejected by the courts.
The shake-and-pour cocktail company – started in August 2007 by 42Below founding shareholder Mr McKillen – was pushed into receivership by secured charge holder BNZ in July
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Calida Smylie
Fri, 18 Dec 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.