News

Orange Finance in receivership

Friday 3rd of August 2012

The company went into moratorium in August 2009 after its debenture holders voted for the option instead of receivership.

However, Somers-Edgar said last month that the company's trustee, Covenant, was likely to appoint receivers by the end of the month.

According to the Companies Office, Grant Graham and Brendon Gibson of KordaMentha have been given the task of trying to extract...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.