Wynyard NZ liquidator still mulling $171M claim from parent

By on September 7, 2017
Wynyard NZ liquidator still mulling $171M claim from parent

The liquidators of Wynyard (NZ), the local unit of the failed crime investigation software developer, are still considering a $171 million creditor claim from the parent company while pursuing $5.9m from two other subsidiaries of the group.

Neale Jackson and Grant Graham of KordaMentha are liquidators for both the parent Wynyard Group and Wynyard (NZ). Their latest six-month reports show the parent company's unsecured claim against the subsidiary is yet to be admitted by the New Zealand unit.

The report for Wynyard (NZ) shows a total of $180m of creditor claims including the one from the parent.

Read the full article online > The New Zealand Herald - nzherald.co.nz



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