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Lion’s share of recoveries goes to receivers

Chris Hutching for NBR NZ Property Investor
Tue, 06 Aug 2013

The retrieval of assets from a collapsed hospitality company has thrown into sharp relief what receivers get compared to creditors.

The acquisition by DB of the leasehold interest in 1.3ha in Glenfield, Auckland, is the final chapter in the receivership of Hospitality Assets. The company is owned

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Chris Hutching for NBR NZ Property Investor
Tue, 06 Aug 2013
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Lion’s share of recoveries goes to receivers
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