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Browsing Tag

liquidation

41 posts
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.…
BBusiness
Denheath Desserts liquidation: Who’s owed money and a possible buyer?
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Denheath Desserts liquidation: Who’s owed money and a possible buyer?

  • September 30, 2025
“Various parties have expressed an interest in purchasing the company’s business … with further information likely to be…
BBusiness
Outlook grim for Kitchen Things creditors owed $16.6m, company on brink of liquidation
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Kitchen Things’ Napier and Nelson stores to close as liquidation looms

  • September 19, 2025
“In the meantime, we are continuing to sell stock held at heavily discounted prices to achieve the best…
BBusiness
Outlook grim for Kitchen Things creditors owed $16.6m, company on brink of liquidation
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Outlook grim for Kitchen Things creditors owed $16.6m, company on brink of liquidation

  • September 18, 2025
“On the basis that no party has proposed a deed of company arrangement [Doca] and the companies remain…
BBusiness
Failed BNPL service Laybuy sinks into liquidation, $7.6 million recovered in customer payments
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Failed BNPL service Laybuy sinks into liquidation, $7.6 million recovered in customer payments

  • September 17, 2025
The report detailed distributions made to creditors so far by the receivers. Kiwibank, who is a secured creditor…
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