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Browsing Tag

creditors

22 posts
NNew Zealand
Media Insider: Stripe Media (Stripe Studios) boss Alex Breingan facing 33 Serious Fraud Office charges relating to public and private funding of TV shows
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Media Insider: Stripe Media (Stripe Studios) boss Alex Breingan facing 33 Serious Fraud Office charges relating to public and private funding of TV shows

  • February 3, 2026
“The alleged offending relates to the financing of 13 television programmes that were produced, or proposed to be…
HHeadlines
Te Awanga Estate Winery group liquidation: $12m owed to 100+ creditors
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Te Awanga Estate Winery group liquidation: $12m owed to 100+ creditors

  • February 2, 2026
According to Nacey and Fisk’s first report, released on Friday, the companies’ shareholders made the decision to appoint…
BBusiness
Rio Beverages founder David Thexton’s second juice venture, Hunua Rd Manufacturing, put into liquidation owing $1.12m
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Rio Beverages founder David Thexton’s second juice venture, Hunua Rd Manufacturing, put into liquidation owing $1.12m

  • January 30, 2026
The High Court appointed liquidators Lynda Smart and Derek Ah Sam to Hunua Rd Manufacturing on December 16,…
BBusiness
Creditors lose $2.3 million as liquidation of Little Island Creamery winds up
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Creditors lose $2.3 million as liquidation of Little Island Creamery winds up

  • January 22, 2026
The sale of the business and related fixed assets returned $515,000. A further $138,596 was recovered through the…
BBusiness
Liquidators of Northland engineering firm Obelisk Industrial chase director over $9m shortfall
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Liquidators of Northland engineering firm Obelisk Industrial chase director over $9m shortfall

  • January 15, 2026
The liquidators said they had nevertheless served demand letters on Culham seeking recovery of the amount alleged to…
NNew Zealand
Court intervenes in bankrupt man’s $300,000 ‘gift’ to ex-wife
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Court intervenes in bankrupt man’s $300,000 ‘gift’ to ex-wife

  • December 31, 2025
The case can be traced back to 1982, when Heather and Malcolm transferred their matrimonial home to Malcolm’s…
BBusiness
SolarZero collapse: Liquidators claw back $2.7m but creditor claims two trusts owed $979m
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SolarZero collapse: Liquidators claw back $2.7m but creditor claims two trusts owed $979m

  • December 23, 2025
Grant Thornton released its third report to shareholders and creditors of SolarZero and its associated companies yesterday. The…
BBusiness
Hansells Masterton receivership: Brand still owes $6.89m after sale to Hart family company
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Hansells Masterton receivership: Brand still owes $6.89m after sale to Hart family company

  • December 18, 2025
The bulk of the reduction has been payments made to secured and preferential creditors. ANZ Bank has had…
BBusiness
Ponsonby beauty clinic with staff at centre of wage dispute owes almost $500,000
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Ponsonby beauty clinic with staff at centre of wage dispute owes almost $500,000

  • December 1, 2025
In their first report, the liquidators’ said “the director has advised that the reason for insolvency is due…
BBusiness
School uniform firm Sportclub collapses owing $1.5m to IRD, BNZ, NZRL
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School uniform firm Sportclub collapses owing $1.5m to IRD, BNZ, NZRL

  • November 26, 2025
Liquidators detailed total assets valued at $22,086 at the time of the first report, with $21,192 in vehicles…
BBusiness
RLITS Contracting: Ferrari seized, liquidator hunts $8.6m from failed firm amid family feud
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RLITS Contracting: Ferrari seized, liquidator hunts $8.6m from failed firm amid family feud

  • November 14, 2025
“What he has done to me, my family and others is somewhat of a horror story,” Spencer said.…
NNew Zealand
GrabOne in liquidation owing creditors more than $16.5 million
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GrabOne in liquidation owing creditors more than $16.5 million

  • October 23, 2025
Preferential creditors are owed $518,531, which includes employee entitlements of $365,278 and $153,253 owing to Inland Revenue. Unsecured…
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