Former politicians dodge civil suit as Blue Chip liquidator runs out of money

Fri, 01 Feb 2013

Feb. 1 (BusinessDesk) - Former National Party Cabinet Ministers John Luxton and Wyatt Creech have dodged a civil law suit after the liquidator for the failed property investment group Blue Chip couldn't find anyone to fund the litigation. The liquidator's inability to fund the $40 million claim against Blue Chip's ex-directors, who include Bolger era Cabinet Ministers Creech and Luxton along with the firm's founder Mark Bryers, means they have had to give up on the litigation, Jeff Meltzer of Meltzer Mason Heath said in a statement. The gr...

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