close
MENU
2 mins to read

LDC Finance dispute settles for $3.8 million

Nelson-based LDC collapsed in 2007 owing about 1000 investors $20 million.

Hamish McNicol
Mon, 13 Jun 2016

The liquidators of failed finance company LDC Finance have reached a $3.8 million settlement with the directors, the trustee company and auditor ahead of a hearing which was set down for next month.

Nelson-based LDC collapsed in 2007 owing about 1000 investors $20 million.

Some money was

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).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Hamish McNicol
Mon, 13 Jun 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
LDC Finance dispute settles for $3.8 million
59006
true