Outlook worsens for Viaduct investors, including government
Receivers of failed financier Viaduct Capital have reduced their estimated recovery for depositors, who include the government, to approximately 10 to 15c in the dollar.
Receivers of failed financier Viaduct Capital have reduced their estimated recovery for depositors, who include the government, to approximately 10 to 15c in the dollar.
Viaduct collapsed in May 2010 owing $7.8 million to 110 depositors, of whom 94, who were owed $7.3 million, were covered by the
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Duncan Bridgeman
Tue, 18 Nov 2014
Tue, 18 Nov 2014
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Outlook worsens for Viaduct investors, including government
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