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…
East Wind $53m Ponzi scheme: Liquidators say investors to get almost nothing
Warning flags included East Wind offering fixed-interest currency trading investments, usually a highly volatile asset class and also…
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…
Hansells Masterton receivership: Brand still owes $6.89m after sale to Hart family company
The bulk of the reduction has been payments made to secured and preferential creditors. ANZ Bank has had…
Onehunga’s Beachcroft Residences owes lenders $71.7m, receivers say
CMT is the general partner of Beachcroft Apartments LP, which was also put into receivership due to its…
Hospital doctor owed $1.27m in annual leave
The senior doctor union (ASMS) executive director, Sarah Dalton, said she did not know who the top leave…
Why popular Wellington pub Fortune Favours closed – and who is owed money
The largest amount owing is $2.1m to a shareholder current account. Companies Office records show Shannon Thorpe is…
RLITS Contracting: Ferrari seized, liquidator hunts $8.6m from failed firm amid family feud
“What he has done to me, my family and others is somewhat of a horror story,” Spencer said.…
Plant-based food firm Grater Goods goes into liquidation with debts owed to ASB Bank and Inland Revenue
After seeking professional advice, Grater decided to put the company into voluntary liquidation. It had 11 shareholders at…
GrabOne liquidation: Some businesses still honouring vouchers despite impact
“We get a lot of customers through GrabOne, so it [the liquidation] will affect our business into the…
Denheath Desserts liquidation: Who’s owed money and a possible buyer?
“Various parties have expressed an interest in purchasing the company’s business … with further information likely to be…
Outlook grim for Kitchen Things creditors owed $16.6m, company on brink of liquidation
“On the basis that no party has proposed a deed of company arrangement [Doca] and the companies remain…