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CBL Insurance Hearing Date
CBL Insurance Hearing Date
The Auckland High Court has
set aside three days, starting 30 July, to hear the Reserve
Bank of New Zealand’s application to liquidate CBL
Insurance Limited (in interim liquidation).
The
hearing was originally set down for 5 and 6 June. Parties
opposing the liquidation recently asked the Reserve Bank to
give consideration to some additional options for dealing
with CBL Insurance. The hearing was deferred at the request
of the Reserve Bank to allow any stakeholders the
opportunity to present such options and for the Reserve Bank
and the interim liquidators to consider those options
properly.
Previous news releases:
CBL Insurance Limited interim liquidation, 1 March 2018
Interim liquidators appointed to CBL Insurance, 23 February 2018
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