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Kerr loses control of Pyne Gould Corp

High Court ruling places 70% of PGC in the hands of receivers seeking recovery of $89m debt to BNZ.

George Kerr.

Tim Hunter Fri, 25 Jul 2025

London-based Kiwi businessman George Kerr has lost control of his former NZX-listed investment company Pyne Gould Corporation after the High Court ruled most of its shares are owned by a company in receivership.

The shares secure a court-ordered debt of $89.3 million owed to BNZ, which has also been

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Tim Hunter Fri, 25 Jul 2025
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Kerr loses control of Pyne Gould Corp
Law,
110180
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