The vexed question of voluntary administration
Solid Energy's big bank creditors have been rewarded for their patience – but has voluntary administration panned out for all in the past decade?
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Hawke’s Bay
The major creditors of mining company Solid Energy are to be paid out close to 60c in the dollar, well above the 35-40c first indicated by the state-owned enterprise’s administrators.
The government put the debt-stricken company into voluntary administration in late 2015, which allowed an
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Fiona Rotherham
Fri, 27 Oct 2017
Fri, 27 Oct 2017
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The vexed question of voluntary administration
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