KordaMentha New Zealand partners Brendon Gibson and
Neale Jackson were appointed Voluntary Administrators by the
Board of CBL Corporation Ltd (and certain of its
subsidiaries) on 23 February 2018.
Administrator Brendon
Gibson said: We are working closely with CBLs
management and its directors to execute strategies that
preserve the CBL groups various operating
units.
Voluntary administration allows the group to
continue trading through a formal process at the
parent-company level, to determine the best way forward for
all stakeholders. CBL is a credit and financial risk
specialist insurer listed on t…
Read the full article at: http://www.scoop.co.nz/stories/BU1802/S00662/cbl-corporation-enters-voluntary-administration.htm