Finance

Aftershock for Eric Watson companies

Victoria Young
Mon, 23 Dec 2019

Nine other Eric Watson-linked companies have been moved into liquidation following the collapse of Cullen Group. Cullen Group was moved into liquidation by court order last week after a High Court judge refused to halt insolvency proceedings against it. KPMG’s Vivian Fatupaito was appointed liquidator by associate judge Hannah Sargisson on Dec. 17. Since then nine other entities linked to Watson have also gone under. Companies Office records show Cullen Investments was moved into liquidation by its parent. Bush Inn Propertie...

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