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Brendon Gibson

$600 million debt write-off

Updated
TV3 owner MediaWorks in receivership after lenders including Westpac fail to reach recapitalisation deal; About $600 mln of debt being written-off

Crafar farms sale to Chinese settles

Updated
Crafar lender gets payback after sale to Chinese more than 3 years after receiver KordaMentha called in; Receiver's fees to April nudging NZ$7.3 mln with lenders owed NZ$274 mln

Questions raised about NZF Money

NZF Money loan book 'significantly overvalued' with a 'significant level' of unrealised bad debts, receivers say; Debenture holders to get back 25% to 42%

Billion dollar bank in fight for NZ$1.6 mln

ProvencoCadmus staff to continue battle with ANZ for NZ$1.6 mln in preferential employee claims after receivership

Workers lose NZ$1.6 mln in fight with ANZ

ANZ, with annual profit of NZ$1 bln, fights ProvencoCadmus staff  for NZ$1.6 mln after tipping company into receivership

'Go away Michael Fay' says Crafar receiver

Updated
Crafar farms receiver rejects Michael Fay-led offer for the 16 dairy farms; 'Pengxin offer the best, waiting for OIO decision'; PM not concerned about Pengxin's 5 mth wait

'Material' impairment seen for NZF Money

Receivers expect 'material' impairment on NZF Money's $28.3m loans; Debenture holders owed $16.4m

Michael Fay lifts Crafar farms bid

Fay argues for local ownership as his consortium lifts Crafar Farms bid to NZ$171.5 mln , but receivers say they're sticking with higher Pengxin bid. Your view?

Slow recovery at Mutual Finance

Mutual Finance receivers recover NZ$1.8 mln, or 20%, of taxpayers' money paid to failed property financier's investors

Taxpayers' face Equitable loss

Despite CEO's prediction to contrary, Equitable Mortgages' demise to leave taxpayer short