Creditors owed more than $2.4m by Nook Homes
Nook’s directors blame unpaid client bills for cashflow issues, while 160 creditors have been recorded.
The first liquidation report for Nook Homes was filed Friday evening.
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Liquidators estimate Nook Homes owe Bank of New Zealand $1.4 million, but say the total owing to the bank could lift as high as $4m.
Last week, the controversial housing company was tipped into liquidation, with
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