Cedenco liquidators raise judge's ire for using NZ data in Australian wind-up

Mon, 26 Nov 2012

By Paul McBeth Nov. 27 (BusinessDesk) - The firm hired for separate liquidations of the Cedenco group of companies in Australia and New Zealand has been ticked off by the High Court for using information gained during the New Zealand administration in its work across the Tasman. In the High Court in Auckland, Justice Paul Heath took a dim view of the Cedenco liquidators' use of a transcript interview with ANZ New Zealand relationship manager Kate Dekker for its Australian liquidation before getting her approval, according to a Nov. 15 judgmen...

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