Bridgecorp investors will finally get some money back but the receivers are reminding them not to expect too much more.
The finance company collapsed in 2007 owing about $460 million to 14,500 investors.
Receiver PricewaterhouseCoopers (PWC) says Inland Revenue settled for $3.6 million of the $3.9 million owed, clearing the way for secured debenture investors to next month get 3 - 3.5 cents in every dollar invested.
One of the receivers, Colin McCloy, reminded investors that, in total, they are unlikely to get more than 10 cents in the dollar.
Mr McCloy says he doesn't expect to recover any of the loans made in Fiji, while it'll receive little of the $50 million lent to Australian hotels, though a payment is expected at the end of the year.
PWC doesn't know when it'll receive any money from Bridgecorp's New Zealand loans, which include insurance claims.
Bridgecorp's directors, including Rod Petricevic, are currently fighting fraud charges.