CBL Corporation expected to be placed in liquidation, sees further delays to watershed meeting

isam-hourglass

The New Zealand High Court has granted a further application by CBL Corporation administrator Kordamentha to push back a watershed administration meeting to February 2019, though it is expected the corporation will be placed into liquidation.

The meeting has already been adjourned multiple times. A liquidation application will be heard next Monday, after two creditors requested the company be placed in liquidation in May.

Should CBL be

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ABI insists fire safety scheme is temporary

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