Wynyard liquidator offers glimmer for wiped out shareholders

Fri, 07 Sep 2018

By Paul McBeth Sept. 7 (BusinessDesk) - Wynyard Group shareholders whose investments were all-but written off when the intelligence software company went bust two years ago may get a "very small" respite, say the firm's liquidators. In their latest six-monthly report, KordaMentha's Neale Jackson and Grant Graham said they "anticipate there may be a very small amount of funds available to be distributed to shareholders" once the software developer's creditors are paid. In May, the High Court upheld a $171 million creditor's claim by the l...

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