Dentist cites economic downturn for $5m debt
A Rabobank finance unit wants further freezing orders on assets, citing risks to recovery.
One of the dental practices now in liquidation.
The owner of 20 dental practice companies from Auckland to Tauranga and Rotorua, seven of which are in liquidation, is battling freezing orders over $5 million of debts owed to lender De Lage Landen, part of the Rabobank group.
Liquidator Grant Reynolds, appointed by shareholder Dr Gopi Reddy in
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