Murray Wilson/FAIRFAX NZ
Victory was one of the bars that had an arrangement with Hospo Bros, which is in liquidation.
A Palmerston North-based bar management company with connections to pubs in various cities is unable to repay the $1.2 million it owes.
The liquidators in charge of Hospo Bros have as good as completed their liquidation of the company, saying in their most recent update report that only Inland Revenue got money to cover what it was owed.
According to reports from liquidator Colin Owens of Deloitte, Hospo Bros, owned by Wellington man Paul…
Read the full article at: http://www.stuff.co.nz/manawatu-standard/news/76148920/manawatu-bar-management-company-unlikely-to-repay-all-its-debts