Panthera Finance administration prompted by founder stoush: PwC
The founders of debt collections and high-interest lending group Panthera Finance were forced out of the company by administrators after they fell out over the operations of the Brookfield-backed business.
Brookfield Special Investments appointed PwC in late June, according to the minutes of a creditors’ meeting filed with the corporate regulator, after the failure “to secure a sale of the underlying businesses”. Panthera is one of the country’s largest debt collection groups, and counts the Canadian asset manager as a major financier.
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