Michael Stiassny
Tower announces plan to ring fence troublesome quake claims; says industry model is 'broken'; widens loss to $21.5 million; share price at record low
29th Nov 16, 9:51am
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Tower announces plan to ring fence troublesome quake claims; says industry model is 'broken'; widens loss to $21.5 million; share price at record low
Tower receives 155 new Canterbury quake claims from EQC in six months to March; increases quake provisions by $2.9m; widens loss to $8.7m
24th May 16, 1:44pm
Tower receives 155 new Canterbury quake claims from EQC in six months to March; increases quake provisions by $2.9m; widens loss to $8.7m
Tower suffers $7m loss as it increases its Canterbury quakes provisions by $53m; Business grows otherwise with underlying profit up 30%
24th Nov 15, 12:41pm
Tower suffers $7m loss as it increases its Canterbury quakes provisions by $53m; Business grows otherwise with underlying profit up 30%
Higher premium prices and lower claim payouts fail to cover Tower for Canterbury quake claims cost blowout
26th May 15, 3:11pm
8
Higher premium prices and lower claim payouts fail to cover Tower for Canterbury quake claims cost blowout
Tower chairman Michael Stiassny says IAG taking over Lumley would create significant risk in event of another Canterbury quake scenario
5th Feb 14, 2:48pm
2
Tower chairman Michael Stiassny says IAG taking over Lumley would create significant risk in event of another Canterbury quake scenario
MediaWorks in receivership after lenders including Westpac fail to reach recapitalisation deal
17th Jun 13, 9:53am
3
MediaWorks in receivership after lenders including Westpac fail to reach recapitalisation deal
ProvencoCadmus staff to continue battle with ANZ for NZ$1.6 mln in preferential employee claims after receivership
20th Dec 11, 4:14pm
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ProvencoCadmus staff to continue battle with ANZ for NZ$1.6 mln in preferential employee claims after receivership
ANZ, with annual profit of NZ$1 bln, fights ProvencoCadmus staff for NZ$1.6 mln after tipping company into receivership
14th Nov 11, 4:08pm
4
ANZ, with annual profit of NZ$1 bln, fights ProvencoCadmus staff for NZ$1.6 mln after tipping company into receivership
Allied Farmers set to write-off NZ$3.63m on former Hanover property Matarangi Beach Estates; Says HSBC faces 'significant' loss
10th Aug 11, 1:07pm
1
Allied Farmers set to write-off NZ$3.63m on former Hanover property Matarangi Beach Estates; Says HSBC faces 'significant' loss
Crafars and recievers come to agreement
ANZ returns from ProvencoCadmus receivership slow to a trickle; Loss from NZ$23.8mln exposure tipped
13th Jun 11, 4:34pm
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ANZ returns from ProvencoCadmus receivership slow to a trickle; Loss from NZ$23.8mln exposure tipped
Crafar farms receiver says new Chinese bidder Pengxin International Group has lodged OIO application
14th Apr 11, 1:48pm
11
Crafar farms receiver says new Chinese bidder Pengxin International Group has lodged OIO application
SmartPay looks to raise NZ$6mln in redeemable preference share sale paying 10% to repay debt now paying up to 17.95%
30th Mar 11, 4:44pm
SmartPay looks to raise NZ$6mln in redeemable preference share sale paying 10% to repay debt now paying up to 17.95%
90 seconds at 9 am with BNZ; another big private equity failure
Until the law is tightened the low ball offer 'sharks' will keep circling, law firm argues
14th Feb 11, 11:30am
1
Until the law is tightened the low ball offer 'sharks' will keep circling, law firm argues
Crafar farms receiver accepts new Chinese OIO dependent offer after UBNZ withdraws
27th Jan 11, 12:18pm
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Crafar farms receiver accepts new Chinese OIO dependent offer after UBNZ withdraws
Crafar receiver says conditional sale to UBNZ still 'on foot' despite May Wang's bankruptcy
9th Dec 10, 4:41pm
11
Crafar receiver says conditional sale to UBNZ still 'on foot' despite May Wang's bankruptcy
Allied Farmers' Matarangi Beach Estates in receivership; Alloway tees off on Hotchin and Watson
18th Nov 10, 4:28pm
14
Allied Farmers' Matarangi Beach Estates in receivership; Alloway tees off on Hotchin and Watson
BNZ settles long running Access Brokerage legal stoush with NZX out of court
18th Nov 10, 4:08pm
BNZ settles long running Access Brokerage legal stoush with NZX out of court
ProvencoCadmus receiver reiterates that ANZ faces 'significant shortfall'
PGG Wrightson Finance confident of getting most of its money back from Crafar sale
9th Aug 10, 3:57pm
1
PGG Wrightson Finance confident of getting most of its money back from Crafar sale
Fifty bids received for Crafar farms, Natural Dairy confident its offer is best
13th Jul 10, 11:45am
Fifty bids received for Crafar farms, Natural Dairy confident its offer is best
KordaMentha puts Nigel McKenna's Lighter Quay Hotel Management into receivership
1st Jul 10, 9:19am
KordaMentha puts Nigel McKenna's Lighter Quay Hotel Management into receivership
High Court dismisses plea from May Wang's UBNZ over Crafar Farms buy
11th Jun 10, 5:48pm
High Court dismisses plea from May Wang's UBNZ over Crafar Farms buy
Receivers for Crafar Farms agree sale of 16 farms to May Wang's UBNZ
21st May 10, 8:59pm
Receivers for Crafar Farms agree sale of 16 farms to May Wang's UBNZ