Receivers halt pursuit of Kerr docs for now

Receivers halt pursuit of Kerr docs for now
Calibre Partners' Neale Jackson. (Image: supplied)
Paul McBeth
After six months or so of legal wrangling, receivers have given up trying to extract more documents from London-based businessman George Kerr, although they suspect he’s still holding out. Calibre Partners’ Neale Jackson and Natalie Burrett were appointed receivers of Kerr’s Pyne Holdings in April by the Bank of New Zealand (BNZ), which is trying to recover about $62 million from various Kerr-related entities. In their latest report on the Pyne Holdings (PHL) receivership, they noted the “significant difficulti...

More Markets

NZ sharemarket celebrates a near 1% Easter rise
Markets Market close

NZ sharemarket celebrates a near 1% Easter rise

The S&P/NZX 50 Index closed at 12,105.29, up 94.62 points or 0.79%.

Graham Skellern 28 Mar 2024
F&P Healthcare facing $12m bill for product recall
Markets

F&P Healthcare facing $12m bill for product recall

The company will provision the cost in its next full year results.

Staff reporters 28 Mar 2024
Synlait seeking help from major shareholder for $130m debt
Markets

Synlait seeking help from major shareholder for $130m debt

Synlait enters trading halt as it needs more time to come up with cash.