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Receivership

Taxpayers' have got NZ$395 mln back from NZ$1.58 bln outlay on South Canterbury Finance receivership so far
27th Oct 11, 1:16pm
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Taxpayers' have got NZ$395 mln back from NZ$1.58 bln outlay on South Canterbury Finance receivership so far
High Court more than halves huge costs awarded to 5 ex-Feltex directors after Registrar of Companies appeal
28th Sep 11, 3:57pm
High Court more than halves huge costs awarded to 5 ex-Feltex directors after Registrar of Companies appeal
Crafar farms receiver KordaMentha rejects Michael Fay-led offer for the 16 dairy farms; says Pengxin offer the best and waiting for OIO decision
26th Sep 11, 4:45pm
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Crafar farms receiver KordaMentha rejects Michael Fay-led offer for the 16 dairy farms; says Pengxin offer the best and waiting for OIO decision
Govt allows South Canterbury Finance receiver to sell 64 hectares of residential Christchurch land as Labour touts buying sections for red-zone home owners
21st Sep 11, 4:02pm
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Govt allows South Canterbury Finance receiver to sell 64 hectares of residential Christchurch land as Labour touts buying sections for red-zone home owners
Receivers expect 'material' impairment on failed lender NZF Money's NZ$28.3 mln loan book; Debenture holders owed NZ$16.4 mln
21st Sep 11, 1:31pm
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Receivers expect 'material' impairment on failed lender NZF Money's NZ$28.3 mln loan book; Debenture holders owed NZ$16.4 mln
Financial Markets Authority to provide update on its 25 inherited investigations into failed finance companies on Wednesday
13th Sep 11, 1:11pm
Financial Markets Authority to provide update on its 25 inherited investigations into failed finance companies on Wednesday
Pike River Coal insurers agree to cough up NZ$80 mln to settle damage and business interruption insurance claims
12th Sep 11, 12:29pm
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Pike River Coal insurers agree to cough up NZ$80 mln to settle damage and business interruption insurance claims
Japan's Nomura to recruit assistance to help run South Canterbury Finance's 'Good Bank'
18th Aug 11, 4:11pm
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Japan's Nomura to recruit assistance to help run South Canterbury Finance's 'Good Bank'
Four year's after Bridgecorp collapse debenture holders get 1st repayment of just 3.5 cents in the dollar
18th Aug 11, 10:38am
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Four year's after Bridgecorp collapse debenture holders get 1st repayment of just 3.5 cents in the dollar
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
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Allied Farmers set to write-off NZ$3.63m on former Hanover property Matarangi Beach Estates; Says HSBC faces 'significant' loss
NZF Money asks trustee to appoint receiver after Financial Markets Authority forces it to pull prospectus
22nd Jul 11, 1:55pm
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NZF Money asks trustee to appoint receiver after Financial Markets Authority forces it to pull prospectus
Crumbs for Strategic Finance secured debenture holders as investigation into collapse stretches towards 4th year
20th Jul 11, 4:30pm
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Crumbs for Strategic Finance secured debenture holders as investigation into collapse stretches towards 4th year
Failed property developer Terry Serepisos owes taxpayer NZ$41.4m, ASB NZ$5.36m and ANZ NZ$2.98m
18th Jul 11, 1:20pm
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Failed property developer Terry Serepisos owes taxpayer NZ$41.4m, ASB NZ$5.36m and ANZ NZ$2.98m
Bridgecorp investors to get 1st repayment; But no more than 3.5c in dollar 4 years after finance company collapse
18th Jul 11, 12:15pm
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Bridgecorp investors to get 1st repayment; But no more than 3.5c in dollar 4 years after finance company collapse
South Canterbury Finance receiver falls silent on Dairy Holdings sales process and Armer court action
12th Jul 11, 4:15pm
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South Canterbury Finance receiver falls silent on Dairy Holdings sales process and Armer court action
ANZ left NZ$15.6 million short on Feltex receivership; Nothing for shareholders, staff or trade creditors
7th Jul 11, 9:47am
ANZ left NZ$15.6 million short on Feltex receivership; Nothing for shareholders, staff or trade creditors
SCF parents Southbury Corporation and Southbury Group owe the taxpayer about NZ$188.6m; Interest accruing
5th Jul 11, 5:43pm
SCF parents Southbury Corporation and Southbury Group owe the taxpayer about NZ$188.6m; Interest accruing
Receiver to call in Kevin Podmore's NZ$20m personal guarantee to St Laurence debentureholders in August; Will be worth much less
28th Jun 11, 12:29pm
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Receiver to call in Kevin Podmore's NZ$20m personal guarantee to St Laurence debentureholders in August; Will be worth much less
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
It's wrong to use the SFO as leverage in a commercial dispute as alleged in Dairy Holdings bust up, says SFO boss
10th Jun 11, 4:01pm
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It's wrong to use the SFO as leverage in a commercial dispute as alleged in Dairy Holdings bust up, says SFO boss
Colin and Dale Armer, 16.66% Dairy Holdings shareholders, file court claim effectively alleging blackmail against SCF receiver
8th Jun 11, 1:02pm
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Colin and Dale Armer, 16.66% Dairy Holdings shareholders, file court claim effectively alleging blackmail against SCF receiver
Harvard University investment manager, British private equity fund leading race for Dairy Holdings
27th May 11, 3:34pm
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Harvard University investment manager, British private equity fund leading race for Dairy Holdings
Little return so far for BNZ from combined NZ$46.8 mln owed by Patoka and Edenz receiverships
25th May 11, 4:12pm
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Little return so far for BNZ from combined NZ$46.8 mln owed by Patoka and Edenz receiverships
SFO to investigate nature of Hotel So developers' loans from SCF and Dominion Finance, plus statements made to secure them
24th May 11, 3:11pm
SFO to investigate nature of Hotel So developers' loans from SCF and Dominion Finance, plus statements made to secure them
GE Capital buys more than NZ$100m of loans from SCF subsidiary Face Finance
23rd May 11, 12:28pm
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GE Capital buys more than NZ$100m of loans from SCF subsidiary Face Finance