Bankrupted Auckland property developer owes millions, companies liquidated, blames housing market for debts
He has blamed the collapsing Auckland property market for his financial woes, but hoped to trade himself out…
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…
Ponsonby beauty clinic with staff at centre of wage dispute owes almost $500,000
In their first report, the liquidators’ said “the director has advised that the reason for insolvency is due…
GrabOne in liquidation owing creditors more than $16.5 million
Preferential creditors are owed $518,531, which includes employee entitlements of $365,278 and $153,253 owing to Inland Revenue. Unsecured…
Auckland restaurant Sidart owes former owner almost $1m after going into liquidation
“To our amazing guests, thank you for your continued patronage, your smiles, and the many conversations that turned…
Smiths City owes creditors $26.8m, including $1m to IRD, outlook for creditors appears bleak
The company had experienced a significant decrease in sales in FY24 amid a challenging economic environment and reduced…
Black Pineapple’s cocktail catering subsidiary owes Inland Revenue over $680k, founder disputes overdrawn account claim
“After careful consultation with the IRD [Inland Revenue Department] and a thorough review of recovery options, we determined…
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…