Liquidation – A Guide for Investors

This Guide has been prepared by Ernst & Young.

If a company is in financial difficulty, its shareholders, creditors or the court can put the
company into liquidation under the provisions of the Companies Act 1993 (―the Act‖).

This information sheet provides general information for unsecured creditors of
companies in liquidation.

Read the Document …

 

Stuff: Receivers might try fast-track method

Ross Asset Management investors could face “rough justice” in a bid by receivers to bring a relatively speedy return of funds.

PricewaterhouseCoopers partner John Fisk faces a massive task establishing a formula to use to return the up to $11 million in assets which have been found, which after the costs of the process could be 1 to 2 cents in the dollar invested.

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Ross Asset Management (In Receivership)

The Receivers for Ross Asset Management have a website with updated information

View the Website here …

 Receivers Contact Information:

  • Postal
    Ross Asset Management Limited (In Receivership) and related entities
    PricewaterhouseCoopers
    PO Box 243
    Wellington
  • Facsimile: +64 (04) 462 7492
  • Telephone message line: +64 (04) 462 7040