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Fate of multimillion EQC payment top of mind for Tower investors

Litigation over the size of the receivable is looking increasingly likely.

Andrew Bevin Fri, 14 Feb 2020

What has four feet and a tusk or roots and petals, depending on who you ask?

According to the Tower annual meeting at Ellerslie Event Centre, it’s an Earthquake Commission (EQC) receivable of unknown size.

The EQC recoverable is to repay Tower for covering land damage and building costs in

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Andrew Bevin Fri, 14 Feb 2020
Contact the Writer: andrew@nbr.co.nz
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Fate of multimillion EQC payment top of mind for Tower investors
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