Ponsonby beauty clinic with staff at centre of wage dispute owes almost $500,000
In their first report, the liquidators’ said “the director has advised that the reason for insolvency is due…
School uniform firm Sportclub collapses owing $1.5m to IRD, BNZ, NZRL
Liquidators detailed total assets valued at $22,086 at the time of the first report, with $21,192 in vehicles…
RLITS Contracting: Ferrari seized, liquidator hunts $8.6m from failed firm amid family feud
“What he has done to me, my family and others is somewhat of a horror story,” Spencer said.…
GrabOne in liquidation owing creditors more than $16.5 million
Preferential creditors are owed $518,531, which includes employee entitlements of $365,278 and $153,253 owing to Inland Revenue. Unsecured…
Auckland restaurant Sidart owes former owner almost $1m after going into liquidation
“To our amazing guests, thank you for your continued patronage, your smiles, and the many conversations that turned…
China’s property market poised to decline at least through 2026, S&P analyst says
China’s vast property market is expected to continue to decline at least through the next year, according to…
$20m+ Auckland property failure: Creditors of six companies named
The other companies, owned by the same shareholders and directors, are also in liquidation, taking the full tally…
Cherri Global collapse: Govt revealed as biggest external creditor
Now six months into the liquidation, Sprosen and White have confirmed that the companies owe a combined $42.92m.…
Smiths City owes creditors $26.8m, including $1m to IRD, outlook for creditors appears bleak
The company had experienced a significant decrease in sales in FY24 amid a challenging economic environment and reduced…
Promoters of cancelled Juicy Festival and Timeless Summer Tour owe creditors more than $14 million
The liquidators’ recently released six-monthly reports into the two companies show Juicy New Zealand owes more than $8.8m…
Denheath Desserts liquidation: Who’s owed money and a possible buyer?
“Various parties have expressed an interest in purchasing the company’s business … with further information likely to be…
Outlook grim for Kitchen Things creditors owed $16.6m, company on brink of liquidation
“On the basis that no party has proposed a deed of company arrangement [Doca] and the companies remain…