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High Court gives Mars Cap more time to pay creditors

The failed company has until November 1 to pay some of the missing US$100m.

The entrance to the closed Mars Cap office in Auckland.

William Kong, the Hong Kong-based businessman at the centre of legal action to recover more than US$100 million in missing funds, has succeeded in his High Court application to pause liquidation proceedings and for the appointment of new interim liquidators to his failed company.

Associate Judge

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Lachlan Colquhoun Mon, 09 Oct 2023
Contact the Writer: lachlan@nbr.co.nz
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High Court gives Mars Cap more time to pay creditors
Law,
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