Robt Jones Holdings ordered to refund rental payments from former Blue Chip unit Northern Crest

Wed, 13 Sep 2017

By Paul McBeth Sept. 14 (BusinessDesk) - Robt Jones Holdings will have to pay some $752,000 plus six years of interest to the liquidators of Northern Crest Investments after the High Court ruled Bob Jones's real estate firm jumped the queue in a liquidation of the failed Blue Chip company. In the High Court in Auckland, Justice Christine Gordon ruled in favour of Northern Crest liquidators Anthony McCullagh and Stephen Lawrence of PKF Corporate Recovery & Insolvency that payments to the Wellington property mogul's real estate vehicle in...

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