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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
3 mins to read

Related party debts trigger Callaghan complaint

Creditors' compromise at Trends Publishing heads to court over grant clawback.

Tim Hunter
Fri, 14 Aug 2015

A creditors’ compromise offered by troubled media firm Trends Publishing International over $4.3 million of debt has been rejected by Callaghan Innovation because of concern about a related party deal.

Callaghan Innovation in April demanded the return of a $382,911.97 research grant paid to Trends

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Tim Hunter
Fri, 14 Aug 2015
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Related party debts trigger Callaghan complaint
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