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

Silver lining for ANZ in CBL vote delay

Chinese bank mounts legal action after inconclusive liquidation vote.  

Tim Hunter
Wed, 23 May 2018

ANZ bank may have dodged a bullet last Friday when an inconclusive creditor vote kept CBL Corporation out of liquidation.

The bank is a significant creditor of the stricken insurer, which was placed in voluntary administration by its directors in February.

However, under the Companies Act a

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Tim Hunter
Wed, 23 May 2018
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Silver lining for ANZ in CBL vote delay
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