‘Information void’ over shrinking Pyne Gould stake, court hears
Legal fight continues as receivers chase assets behind $66m debt.
Will Mace Wed, 26 May 2021
George Kerr’s Pyne Holdings now holds a stake of just 14% in Pyne Gould Corporation (PGC) according to a letter Kerr’s representatives sent to Pyne Holdings receivers as they attempt to clarify what assets the company holds, according to submissions in the High Court at Auckland today.