Property developer avoids bankruptcy
Arthur Morgenstern has reached a settlement on a $3.5m claim for breaching directors' duties.
A bankruptcy application against the developer of the $67 million St Lukes Garden apartments has been withdrawn after liquidators reached a settlement on a $3.5 million claim for breaching directors’ duties.
Arthur Morgenstern was taken to court by liquidators of his former companies MSE, Kingdon
Want to read more? It's easy.
Choose your best value subscription option
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 debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Hamish McNicol
Fri, 03 Jul 2015
Fri, 03 Jul 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Property developer avoids bankruptcy
49230