Rio Beverages founder David Thexton’s second juice venture, Hunua Rd Manufacturing, put into liquidation owing $1.12m
The High Court appointed liquidators Lynda Smart and Derek Ah Sam to Hunua Rd Manufacturing on December 16,…
Creditors lose $2.3 million as liquidation of Little Island Creamery winds up
The sale of the business and related fixed assets returned $515,000. A further $138,596 was recovered through the…
Liquidators of Northland engineering firm Obelisk Industrial chase director over $9m shortfall
The liquidators said they had nevertheless served demand letters on Culham seeking recovery of the amount alleged to…
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…
SolarZero collapse: Liquidators claw back $2.7m but creditor claims two trusts owed $979m
Grant Thornton released its third report to shareholders and creditors of SolarZero and its associated companies yesterday. The…
Hansells Masterton receivership: Brand still owes $6.89m after sale to Hart family company
The bulk of the reduction has been payments made to secured and preferential creditors. ANZ Bank has had…
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…