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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
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

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Hamish McNicol
Mon, 13 Jun 2016
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LDC Finance dispute settles for $3.8 million
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