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Browsing Tag

receivership

12 posts
BBusiness
South Pacific Growers: Hawke’s Bay apple grower in receivership, unlikely to repay $13m Government loan
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South Pacific Growers: Hawke’s Bay apple grower in receivership, unlikely to repay $13m Government loan

  • August 25, 2026
“South Pacific Growers Ltd received a $13 million Government loan from the North Island Weather Event Fund in…
BBusiness
Napier’s The County Hotel cancels bookings amid receivership
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Napier’s The County Hotel cancels bookings amid receivership

  • August 19, 2026
Future bookings have been suspended on the hotel’s website and Churchill’s Lounge Bar and Restaurant has closed. The…
BBusiness
Wellington mega-landlord Matthew Ryan denies insolvency after companies placed in receivership
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Wellington mega-landlord Matthew Ryan denies insolvency after companies placed in receivership

  • July 21, 2026
BDO Wellington receivers Jessica Kellow and Iain Shephard were appointed as receivers and managers of the companies last…
EEntertainment
Mimi Gilmour: Rebuilding after Burger Burger receivership
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Mimi Gilmour: Rebuilding after Burger Burger receivership

  • July 9, 2026
Of course she has a plan. If wealth was measured in sheer force of will, Gilmour would be…
BBusiness
Burger Burger continues trading after receivership as rescue plan begins
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Burger Burger continues trading after receivership as rescue plan begins

  • June 19, 2026
Yesterday, the Herald revealed the burger chain’s holding company, BurgerBurger Holdings, had been placed into receivership. Waterstone’s Adam…
BBusiness
Mimi Gilmour’s Burger Burger chain placed in receivership
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Mimi Gilmour’s Burger Burger chain placed in receivership

  • June 18, 2026
The chain, which currently employs almost 90 people, was founded in 2014 as a sit-down restaurant focusing on…
BBusiness
Auckland Seascape tower developer Shundi Customs put into receivership
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Auckland Seascape tower developer Shundi Customs put into receivership

  • March 4, 2026
“The receivers’ immediate priority is ensuring the development continues to remain safe and secure,” Gibson and Jackson said.…
AArtificial intelligence
AI casualty: Once high-flying Soul Machines in receivership, KPMG looks for buyer
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AI casualty: Once high-flying Soul Machines in receivership, KPMG looks for buyer

  • February 8, 2026
“The receivers intend to progress with the existing sales process and seek to find a buyer for the…
BBusiness
Yoyoso parent Acecco in receivership with $11.6m debts, repayments unlikely
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Yoyoso parent Acecco in receivership with $11.6m debts, repayments unlikely

  • January 20, 2026
Acecco Holding is also a 51% shareholder of Beautylife Electronics NZ, which has so far not been affected…
BBusiness
Hansells Masterton receivership: Brand still owes $6.89m after sale to Hart family company
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Hansells Masterton receivership: Brand still owes $6.89m after sale to Hart family company

  • December 18, 2025
The bulk of the reduction has been payments made to secured and preferential creditors. ANZ Bank has had…
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
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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