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…
Waipareira paid bonus to allow John Tamihere to settle campaign loan
“The trust required Mr Tamihere to repay the loans made to a political party and political candidates, but…
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
Critics said the high leave balances were a dangerous liability for Health NZ and could give doctors another…
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…
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…
Engineering firm Obelisk Industrial goes bust, BNZ and Kiwibank among creditors owed $11m
Ecovis’ report said the company was in trouble for several months prior to the liquidators’ appointment, “caused by…
New York Bagels enters liquidation after 30 years, $84,000 owed to IRD
The business had a number of assets at the date of liquidation, including $2215 in cash, as well…
Auckland Council boss investigates mayoral aide’s company liquidation, $560,000 owed to IRD
“While I’m doing so and until we fully understand the situation, it wouldn’t be appropriate to comment further,”…