‘Information void’ over shrinking Pyne Gould stake, court hears
Legal fight continues as receivers chase assets behind $66m debt.
Will Mace Wed, 26 May 2021
George Kerr’s Pyne Holdings now holds a stake of just 14% in Pyne Gould Corporation (PGC) according to a letter Kerr’s representatives sent to Pyne Holdings receivers as they attempt to clarify what assets the company holds, according to submissions in the High Court at Auckland today.
The
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).