Is receivership better?

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Uploaded by on Nov 10, 2008

Panel 1
Investing report
Finance company plans
St Laurence, Dorchester
Delayed repayment
Recapitalisation
Rather than receivership



Panel 2
St Laurence NZ$240 mln
70% repaid within 5 years
Repay interest due too
Dorchester Pacific
Repay all within 3 years
Repay 20% by Christmas

Panel 3
Property market the key
Receivership better?
History mixed
Provincial Finance
2 years to get back 90%
But Bridgecorp 13-44%

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News & Politics

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All Comments (2)

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  • This is only a glimpse of what is to come.

  • The credit crunch is just starting I think..It might be hiding from public view right now ..

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