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Receivers called in as investors fume |
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Written by The Northern News
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Tuesday, 10 February 2009 |
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THE unravelling of the affairs of elusive Hills art dealer Ronald Coles, whose Bentley number plate BUY ART has not been seen at his usual haunts for some weeks, has advanced to a new stage.
Terry Ingram, writing in the Australian Financial Review said Vaughan Strawbridge and David Lombe from Deloitte's Corporate Reorganisation Group had been appointed receivers and managers to three of his companies. The appointment was made by the Australia and New Zealand Banking Group, the first ranking secured creditor, and the companies are Filmtype, Baymont Investments (NSW) and Ronald Coles Investment Gallery (at Kenthurst). Read more... |
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Last Updated ( Thursday, 12 February 2009 )
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