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Brendon Gibson

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

'Significant' ANZ ProvencoCadmus loss

ANZ returns from ProvencoCadmus receivership slow to a trickle; Loss from NZ$23.8mln exposure tipped