Two more Serepisos companies liquidated
Century City Hunter Street and Century City Management liquidated.
Century City Hunter Street and Century City Management liquidated.
Two more Terry Serepisos owned companies have been placed in liquidation.
At the Wellington High Court this morning, Associate Judge David Gendall, liquidated Century City Hunter Street and Century City Management.
The sole shareholder in both companies is Century City Trust, which was placed in receivership on September 30. Mr Serepisos is sole shareholder of Century City Trust.
He was bankrupted in the same court two weeks ago.
Both liquidated companies owed money to the Inland Revenue Department. Century City Hunter Street's debt was $963,355.48, while Century City Management owed $455,578.77.
The court appointed John Fisk and Jeremy Morley of PricewaterhouseCoopers liquidators.
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