Mountain Scene By PHILIP CHANDLER flogging luxury apartments through a new company. Lachlan Francis’ company was to build a 16-unit apartment complex, Freshwater, on the corner of Hallenstein and York Streets. His company, CFS Trustees Ltd, was placed in liquidation on May 4 last year at the request of out-of-pocket contractor, Amalgamated Builders Ltd. Liquidators say the company owes 16 unsecured creditors $1,021,474.94. Seventeen days later, Francis formed a new company, The Mont Blanc Ltd, which in January this year applied for consent for a similar-looking 23-unit complex on the same site. Six apartments have already sold off the plans for about $2 million or above, Invest Queenstown agent Simon Green says.