A liquidator says he is disappointed at a lack of
co-operation from members of a defunct Dunedin club in handing
over money from the club's sale.
Liquidator Trevor Laing and Associates has spent more than a
year tracking down the $350,000 in proceeds from the sale of
the Otago Bowling Club, and more than $100,000 remains
unpaid. Following the sale of the club, payments of $16,552
were made to each member and an $85,000 payment was made to a
company owned by former club president Lester Nash, Mr Laing
The club's constitution said proceeds should have gone to
Speaking to the Otago Daily Times after his second
six-month report was released yesterday, Mr Laing said a lack
of co-operation from some members had been disappointing.
''It has been a bit difficult. It's been expensive because
no-one has been very forthcoming.''
Four people, including Mr Nash, had yet to repay proceeds
from the sale, he said.
Another former member now living in Australia, Gaynor
Hurring, could not be located and Mr Laing may start
Legal costs of tracking down the money now totalled
Some club members had volunteered payments after the
situation was explained.
''Everyone initially seemed to think they had an entitlement
[to the money].''
The time it would take to wind up the liquidation depended in
part on whether Mr Nash decided to defend legal proceedings
recently lodged against him, Mr Laing said.
It was doubtful all the outstanding money would be recovered,
Mr Laing's second six-monthly liquidator's report shows
$220,903 has been recovered, leaving more than $100,000
Since the last six-monthly report in August, $96,732 had been
recovered from members.
Bowls Dunedin chairman Richard Hambleton said he continued to
be ''shocked'' and disappointed.
He was pleased with the work Mr Laing was doing, saying it
sent a message to other clubs. Mr Nash yesterday said his
part of the proceeds was put into a holding trust, from which
he had not received a payment.
There were ''no problems'' with the $85,000 payment made to
his company Southern Pearl Ltd, which he said settled an
agreement giving the company a 10-year licence to take spring
water from the club's grounds.