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

FE Investments liquidator seeks funding for court action

Failed lender’s liquidation ‘at a delicate stage’.

Tim Hunter Tue, 22 Feb 2022

The liquidator of failed lender FE Investments, which collapsed in 2020 owing depositors $54.6 million, is seeking funding for potential litigation, with claims for breach of directors’ duties a likely course of action.

FE Investments’ loans included significant exposure to two Auckland

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Tim Hunter Tue, 22 Feb 2022
Contact the Writer: thunter@nbr.co.nz
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FE Investments liquidator seeks funding for court action
General Business,
90591
true