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General Business
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Sale of 'palatial' home leaves nothing for Forestlands investors

Liquidators disappointed as price falls short.

Tim Hunter Sat, 02 Apr 2022

The receivership sale of a lavish country house belonging to Forestlands director Rowan Kearns has failed to cover the amount owing to the mortgagee, leaving Forestlands shareholders out of pocket.

In the latest report filed by liquidators of the Forestlands group, which collapsed in 2017, Neale

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Tim Hunter Sat, 02 Apr 2022
Contact the Writer: thunter@nbr.co.nz
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Sale of 'palatial' home leaves nothing for Forestlands investors
General Business,
91072
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