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Failed Scarbro trio owes combined $14.9m

The first liquidators report says it's unlikely unsecured creditors, who were owed nearly $5m, will be paid in full.

A trio of failed Scarbro construction companies owe a combined $14.9 million to creditors, the first liquidators' report shows.

While the report indicates the three entities' had assets of more than $21m, there were doubts these would be fully realised.

Corporate undertakers from McGrathNicol were

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Nicholas Pointon Tue, 18 Apr 2023
Contact the Writer: nicholas@nbr.co.nz
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Failed Scarbro trio owes combined $14.9m
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