Billion-dollar property collapse highlights private credit danger
Jon Adgemis raised the white flag last October. With forces closing in from all sides, he declared himself…
QSM Davinder Rahal in debt: Two buildings, bankrupt buyer – and ties to former jailed Masala boss
A young couple is also chasing Rahal for almost $1m after winning a court judgment that he deceived…
Bankrupt Auckland developer chased by creditors set to lose $3.8m Tōtara Park home and Mercedes
Other creditors include non-bank lenders and building suppliers – such as New Lynn’s Mitre 10 Mega, a Pink…
Auckland mansion with private lake now on sale in mortgagee auction had ties to bankrupt developer
Changxin “Jason” Pan has also used the home as the registered address for a series of companies he…
Terry-family bankruptcies revealed as Trev Terry Marine wind-up will pay nothing to unsecured creditors
Deloitte is the company liquidator. Its December report says, “The liquidators undertook a review of the affairs of…
Court intervenes in bankrupt man’s $300,000 ‘gift’ to ex-wife
The case can be traced back to 1982, when Heather and Malcolm transferred their matrimonial home to Malcolm’s…
Former immigration minister Tuariki Delamere bankrupt, immigration licence revoked
Delamere unsuccessfully appealed a 2021 judgment on the money as far as the Supreme Court. Liu returned to…
Jamie Oliver says his restaurant empire went bankrupt as he was ‘conceptually thick’
“When you hit your foot, when you get a splinter, when you get a burn … if you…
Former real estate agent Aaron Drever faces more jail time for breaching insolvency rules while bankrupt
But he lost his licence for misconduct before being jailed in 2022 for stealing more than $100,000 from…