Half Moon Bay development collapse leaves creditors facing $4.7m shortfall
Wang told the Herald: “I was not previously aware that KPMG had reported difficulties contacting me. I am…
SolarZero liquidators sue four former directors over company’s $476m collapse
“Following an extensive investigation into the company’s financial position, governance records, financing arrangements and related transactions, we have…
Nakhle family dispute: Byerley Park racehorse centre for sale amid $16m liquidation debt
Rodgers Reidy was appointed as liquidators to Byerley Park and Karaka Estate after Judge Grant Powell granted an…
Liquidation for ex-Hawkins firms nears end: unsecured creditors get 4c in the dollar
The company was founded in Hamilton in 1946 by Fred Hawkins. In 2017, just prior to an adverse…
Weiti project developer Green & McCahill Holdings owes creditors $73m, liquidators say
Directors are Tung-kuang Liu and Gianna Lee Evans. Fisk and Bennett said Green & McCahill Holdings was incorporated…
The National Distillery Co: Napier gin maker owes over $2 million to creditors, possible buyer found
A liquidators’ report released on Wednesday shows the company owes over $2 million to creditors. The report also…
David Jones NZ revenue falls 11% as lease write-down drives $4.4m loss
David Jones has only one store in New Zealand, in the Newmarket Westfield mall, covering roughly 7000sq m…
Wild Poppies creditors angry over florist’s sale to director’s son before liquidation
The company also had $326,600 in accounts payable that liquidators classed as “probable claims”. The only assets liquidators…
Moana Pasifika: Sport NZ was warned about shaky finances in 2023
The financial agreement between Sport NZ and the club included an initial grant of up to $1m with…
Sportclub liquidators claw back $209k but creditors still out of pocket by $1.1m as probe continues
In their second six-monthly liquidator’s report, released June 16, Khov and Jones said they had realised an estimated…
Creditors of SPQR restaurant lose $2.3 million as liquidators wind up company
Rupe has since been declared bankrupt and banned from running a company for eight-and-a-half years for alleged mismanagement…
GrabOne relaunch follows $1.2m sale after collapse of former owner Global Marketplace
The Herald reported in March that GrabOne’s new owners were preparing to relaunch the business. At the time,…