Stonewood settles, little recovery expected by receivers
Any recovery of money likely to come via liquidation process.
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Hawke’s Bay
The receivers of the Stonewood group of companies indicate there will be little recovery of money as they settle the sale of assets to the NBR Rich Lister Chow brothers.
The Chow Brothers and Inno Capital's purchase of the Stonewood master franchise and the Christchurch franchisee assets concluded
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Chris Hutching
Thu, 17 Mar 2016
Thu, 17 Mar 2016
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Stonewood settles, little recovery expected by receivers
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