Three Auckland Ray White agencies go into liquidation owing $5.3m to creditors including IRD
“The company [all firms] experienced a prolonged decline in trading performance arising from adverse market conditions. Sales volumes…
Auckland supermarket Food4Less New Lynn allegedly owes $2.9m to more than 90 creditors
Patel said the whole sell-down process took 11 days from the date of the liquidation. A statement of…
About $3m recovered in liquidation of Gisborne logging company that reportedly owed creditors $7.1m
Johnstone told the Gisborne Herald the liquidation was not complex. “The liquidation took longer than initially anticipated due…
Food4Less closes New Lynn, Auckland, supermarket after going into liquidation
“Despite every effort, every long day, every late night and every attempt to find a path forward, we…
Insolvent Gisborne logging company owing $1.7m could not pay creditors
A final report on the insolvent company’s liquidation was released in October. “The cause of the liquidation appears…
Media Insider: Stripe Media (Stripe Studios) boss Alex Breingan facing 33 Serious Fraud Office charges relating to public and private funding of TV shows
“The alleged offending relates to the financing of 13 television programmes that were produced, or proposed to be…
Te Awanga Estate Winery group liquidation: $12m owed to 100+ creditors
According to Nacey and Fisk’s first report, released on Friday, the companies’ shareholders made the decision to appoint…
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…