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'SCF subterfuge was to defeat National Bank security'


Philip Hall QC explains SCF funding structure

Chris Hutching
Fri, 15 Aug 2014

A scheme to distance South Canterbury Finance from an allegedly related company was devised to prevent the National Bank exercising its first ranking security rights.

This was the essence of part of the defence case presented yesterday by Philip Hall QC on behalf of former director Edward

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Chris Hutching
Fri, 15 Aug 2014
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'SCF subterfuge was to defeat National Bank security'
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