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Browsing Tag

creditors

49 posts
BBusiness
Darling on Drake liquidation: Director’s offer to buy the restaurant declined
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Darling on Drake liquidation: Director’s offer to buy the restaurant declined

  • October 8, 2026
The company had three shareholders at the time of liquidation, including Kirby with 70%, and two other corporate…
BBusiness
Half Moon Bay development collapse leaves creditors facing $4.7m shortfall
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Half Moon Bay development collapse leaves creditors facing $4.7m shortfall

  • October 7, 2026
Wang told the Herald: “I was not previously aware that KPMG had reported difficulties contacting me. I am…
BBusiness
Lifestyle Furniture liquidation: Retailer owes creditors more than $2 million
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Lifestyle Furniture liquidation: Retailer owes creditors more than $2 million

  • October 6, 2026
Anand hoped to refinance the company to shore up its position, with a view to increasing sales leading…
BBusiness
Sand Safaris liquidation: MBIE tourism-related loan of over $450,000 likely lost
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Sand Safaris liquidation: MBIE tourism-related loan of over $450,000 likely lost

  • September 29, 2026
The remaining $469,000 is now owed to Crown Regional Holdings Ltd (CRHL) the holding company for MBIE’s investments…
BBusiness
Westie Food Group collapse: Creditors owed $5.8m by pie distributor
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Westie Food Group collapse: Creditors owed $5.8m by pie distributor

  • September 26, 2026
The report noted WFG only marketed and distributed the pies, with an “independent third-party manufacturer operating from the…
BBusiness
Nakhle family dispute: Byerley Park racehorse centre for sale amid $16m liquidation debt
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Nakhle family dispute: Byerley Park racehorse centre for sale amid $16m liquidation debt

  • September 12, 2026
Rodgers Reidy was appointed as liquidators to Byerley Park and Karaka Estate after Judge Grant Powell granted an…
BBusiness
Award-winning Toa Architects owes $1.03m, founder Nicholas Dalton plans to start again
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Award-winning Toa Architects owes $1.03m, founder Nicholas Dalton plans to start again

  • September 3, 2026
Inside Te Taumata o Kupe at Pt Chevalier, which was designed by Toa Architects. Photo / Anne Gibson…
BBusiness
Three Auckland housing companies owned by Lining Wan in liquidation owing about $18m
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Three Auckland housing companies owned by Lining Wan in liquidation owing about $18m

  • August 5, 2026
According to the first liquidators’ report for Diamond Homes, the company employed more than 100 staff at its…
BBusiness
Developer Jeff Gao: How a Double Grammar mansion and Rolls-Royce lifestyle crashed in months
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Developer Jeff Gao: How a Double Grammar mansion and Rolls-Royce lifestyle crashed in months

  • July 18, 2026
Online lender Rhino Solutions was among the more recent financiers to advance Gao funds and is the one…
BBusiness
Liquidation for ex-Hawkins firms nears end: unsecured creditors get 4c in the dollar
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Liquidation for ex-Hawkins firms nears end: unsecured creditors get 4c in the dollar

  • July 13, 2026
The company was founded in Hamilton in 1946 by Fred Hawkins. In 2017, just prior to an adverse…
BBusiness
Weiti project developer Green & McCahill Holdings owes creditors $73m, liquidators say
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Weiti project developer Green & McCahill Holdings owes creditors $73m, liquidators say

  • July 9, 2026
Directors are Tung-kuang Liu and Gianna Lee Evans. Fisk and Bennett said Green & McCahill Holdings was incorporated…
SSports
Stubbs Contractors liquidation: Gisborne forestry firm falls nearly $4.5m short of creditor claims
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Stubbs Contractors liquidation: Gisborne forestry firm falls nearly $4.5m short of creditor claims

  • July 4, 2026
Their final liquidators’ report was released at the end of last month. Preferential, secured and unsecured creditors combined…
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