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Liquidators move on multimillion-dollar Motueka property

Mortgagee sale pending after Forestlands founder fails to pay $2m owing.

Tim Hunter Tue, 06 Apr 2021

Liquidators of the failed Forestlands group of companies owed $2.05 million by founder Rowan Kearns say they expect a mortgagee sale of his Motueka property to start soon.

The 18 Forestlands companies solicited cash from the public for a forestry investment scheme but collapsed in 2017 leaving

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Tim Hunter Tue, 06 Apr 2021
Contact the Writer: thunter@nbr.co.nz
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Liquidators move on multimillion-dollar Motueka property
General Business,
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