Cayman Islands fund backs pause in US$100m NZ liquidation
Hong Kong-based director wants a month to 'allow a resolution of matters' in cross-border money-go-round.
The Mars Cap office in Auckland is closed.
A Cayman Islands hedge fund has told the High Court it supports a pause in liquidation proceedings against a New Zealand company owing US$112 million because it might allow a recovery deal to be reached.
The hearing, which continued proceedings begun last Friday, followed the appointment of interim
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