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Browsing Tag

liquidation

21 posts
BBusiness
IT Professionals NZ members vote for liquidation as more red ink revealed, reboot takes shape
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IT Professionals NZ members vote for liquidation as more red ink revealed, reboot takes shape

  • October 24, 2025
IT Professionals NZ (ITP) president Jamie Vaughan says he is now in talks with a liquidator, whom he…
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…
BBusiness
Ponsonby restaurant Sidart to close its doors after going into liquidation
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Auckland restaurant Sidart owes former owner almost $1m after going into liquidation

  • October 19, 2025
“To our amazing guests, thank you for your continued patronage, your smiles, and the many conversations that turned…
BBusiness
GrabOne liquidation: Some businesses still honouring vouchers despite impact
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GrabOne liquidation: Some businesses still honouring vouchers despite impact

  • October 17, 2025
“We get a lot of customers through GrabOne, so it [the liquidation] will affect our business into the…
IInternet
Starlink rise and spectrum delays blamed as rural internet provider Evolution Networks goes into liquidation
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Starlink rise and spectrum delays blamed as rural internet provider Evolution Networks goes into liquidation

  • October 16, 2025
Manning told the Herald: “We have advertised the business for sale as a going concern. All interested parties…
BBusiness
GrabOne shuts down as owner Global Marketplace goes into liquidation
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GrabOne shuts down as owner Global Marketplace goes into liquidation

  • October 15, 2025
The liquidators said the company was unable to provide refunds to customers who hold onto unredeemed vouchers. “Consumers…
EEntertainment
Top chef Lesley Chandra closes Ponsonby fine diner Sidart after award win
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Top chef Lesley Chandra closes Ponsonby fine diner Sidart after award win

  • October 15, 2025
Sidart’s final service was last Saturday. Chandra says all five fulltime staff have been paid out and have…
BBusiness
Ponsonby restaurant Sidart to close its doors after going into liquidation
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Ponsonby restaurant Sidart to close its doors after going into liquidation

  • October 14, 2025
“The past couple of years have been tough for all hospitality operators and our hearts go out to…
BBusiness
Auckland animation company Anim Studio put into liquidation with $1.7m tax debt
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Auckland animation company Anim Studio put into liquidation with $1.7m tax debt

  • October 14, 2025
It said large animation or film projects are typically structured into stand-alone companies. Anim Studio was responsible for…
CComputing
Ju.com Launches 1.9 Billion JU Computing Power Liquidation Rescue Plan Valued at $3.8B
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Ju.com Launches 1.9 Billion JU Computing Power Liquidation Rescue Plan Valued at $3.8B

  • October 13, 2025
SINGAPORE, Oct. 13, 2025 (GLOBE NEWSWIRE) — Cryptocurrency exchange Ju.com announced today it will distribute 1.9 billion computing…
BBusiness
Liquidations on track to surpass 2024 total as business failures accelerate
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Liquidations on track to surpass 2024 total as business failures accelerate

  • October 12, 2025
“Post the GFC there was a clear general decline in terms of insolvency appointments, and that dropped even…
BBusiness
Cherri Global collapse: Govt revealed as biggest external creditor
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Cherri Global collapse: Govt revealed as biggest external creditor

  • October 10, 2025
Now six months into the liquidation, Sprosen and White have confirmed that the companies owe a combined $42.92m.…
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