LWR owes $121m to creditors

By TINA LAW – Reported in The Press and on 14 July 2009

Lane Walker Rudkin Industries owes $121 million to creditors, according to the receivers' first report. Reports released yesterday on the company and seven fully-owned subsidiaries, also in receivership, say it is unlikely any funds will be available for unsecured creditors.
It was the first time the extent of the company's debt has been made public. Read more here....

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