Stanley-Tallwood liquidator cuts deal over KiwiBuild development

Sun, 22 Sep 2019

By Victoria Young Sept. 23 (BusinessDesk) - The liquidator for Stanley Group and Tallwood Holdings has cut a deal with the developer of 23 KiwiBuild homes to get subbies paid out immediately. The arrangement comes as liquidator Damien Grant’s appointment will be challenged this week by a group of creditors whose leader says they are organised and willing to fight. A deal over developer Solutions Street’s 23 KiwiBuild homes in Auckland’s Papakura has been done to get subcontractors paid but may leave other trade creditors, such as bui...

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