Veritas files court proceedings over late Nosh payment

Fri, 16 Jun 2017

By Paul McBeth June 16 (BusinessDesk) - Veritas Investments has kicked off legal proceedings against the buyer of the upmarket Nosh Group supermarkets for late payments. The food and beverage investor says Gosh Holdings, since renamed itself Nosh Group, consistently failed to meet the payment schedule, breaching the sale and purchase agreement which was completed on Feb. 24, and missing $1.9 million of payments to creditors. Veritas is owed about $69,000 by Gosh Holdings. "We entered into this transaction in good faith after a rigoro...

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