AI casualty: Once high-flying Soul Machines in receivership, KPMG looks for buyer
“The receivers intend to progress with the existing sales process and seek to find a buyer for the…
Yoyoso parent Acecco in receivership with $11.6m debts, repayments unlikely
Acecco Holding is also a 51% shareholder of Beautylife Electronics NZ, which has so far not been affected…
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…
Kitchen Things’ Napier and Nelson stores to close as liquidation looms
“In the meantime, we are continuing to sell stock held at heavily discounted prices to achieve the best…
Failed BNPL service Laybuy sinks into liquidation, $7.6 million recovered in customer payments
The report detailed distributions made to creditors so far by the receivers. Kiwibank, who is a secured creditor…