CBL directors hit with another lawsuit over $110m French deal
Acquisition in 2017 should never have been made, lawyer tells court.
CBL Corporation liquidator Neale Jackson of Calibre Partners.
Tim Hunter
Tue, 24 May 2022
Hot Topic
Hawke’s Bay
Directors of failed insurer CBL Corporation have another fire to fight, on top of lawsuits from shareholders and the Financial Markets Authority, as liquidators seek recoveries over a €94.5 million ($110.7m) acquisition in France.
An outline of the latest legal action was revealed by liquidators
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Tim Hunter
Tue, 24 May 2022
Contact the Writer: thunter@nbr.co.nz
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CBL directors hit with another lawsuit over $110m French deal
Law,
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