CBL to seek sale as going concern
Extension of administration sought to June 30.
Administrators in control of stricken insurance group CBL have asked the High Court for more time to develop a plan for its creditors and say a sale as a going concern is probably the best option.
NZX-listed CBL Corporation has been forced by regulators to stop writing new business on its core
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Tim Hunter
Thu, 22 Mar 2018
Thu, 22 Mar 2018
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CBL to seek sale as going concern
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