Option holders in the Cotswold Downs golf estate - who were facing a collective loss of about R84 million, with interest, after the management company was placed into liquidation last year - have accepted a proposed "rescue plan" that will see them ...
A creditor in the failed Cotswold Downs Management company has cut its losses and sold off its R3 million debt to a third party and pulled out of litigation to liquidate the company.
However, while WBHO Teichmann withdrew as an intervening cred...