McGrathNicol
CBL Insurance to be wound up as creditors back RBNZ's liquidation push over directors' rescue remedy; RBNZ commissions inquiry into its handling of CBL Insurance
12th Nov 18, 2:15pm
6
CBL Insurance to be wound up as creditors back RBNZ's liquidation push over directors' rescue remedy; RBNZ commissions inquiry into its handling of CBL Insurance
Court rejects proposed deal for CBL Insurance to pay its largest creditor nearly all its cash for it to write off its liabilities
1st Oct 18, 5:10pm
Court rejects proposed deal for CBL Insurance to pay its largest creditor nearly all its cash for it to write off its liabilities
Gibraltar-based insurer, caught in the CBL web, reaches agreement with one of its subsidiaries while it sues another
13th Aug 18, 4:51pm
1
Gibraltar-based insurer, caught in the CBL web, reaches agreement with one of its subsidiaries while it sues another
CBL Insurance policyholders and beneficiaries advised to consider seeking cover elsewhere; Any costs they face will rank as an 'unsecured creditor claim' if the company enters liquidation
28th Feb 18, 11:23am
8
CBL Insurance policyholders and beneficiaries advised to consider seeking cover elsewhere; Any costs they face will rank as an 'unsecured creditor claim' if the company enters liquidation
Feltex receivership wraps up with plug puller ANZ still owed almost NZ$20 mln, unsecured creditors and shareholders out of pocket
11th Apr 13, 9:29am
2
Feltex receivership wraps up with plug puller ANZ still owed almost NZ$20 mln, unsecured creditors and shareholders out of pocket
Allied Nationwide Finance receiver McGrathNicol helps Allied Farmers kick the can down the road by extending NZ$13.4 mln loan for a year
26th Jun 12, 10:16am
Allied Nationwide Finance receiver McGrathNicol helps Allied Farmers kick the can down the road by extending NZ$13.4 mln loan for a year
Non-operating NZ subsidiary of stricken Aussie firm Hastie Group also in receivership and owes parent about NZ$6.4m; But NZ operating companies not in receivership
28th May 12, 2:49pm
1
Non-operating NZ subsidiary of stricken Aussie firm Hastie Group also in receivership and owes parent about NZ$6.4m; But NZ operating companies not in receivership
BusinessDesk: Crown claws back NZ$645 million in South Canterbury Finance receivership, still over NZ$1 billion down
4th May 12, 4:31pm
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BusinessDesk: Crown claws back NZ$645 million in South Canterbury Finance receivership, still over NZ$1 billion down
BusinessDesk: Allied Nationwide Finance receivers flag handover to govt in coming weeks
18th Apr 12, 10:09am
4
BusinessDesk: Allied Nationwide Finance receivers flag handover to govt in coming weeks
BusinessDesk: 'It wasn’t that complex' – Ex-DataSouth CEO on $103m fraud
Ernst and Young says its liability is 'probably' limited to between NZ$200,000 and NZ$300,000 from Feltex liquidator's 'baseless' court case against the firm
14th Feb 12, 4:05pm
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Ernst and Young says its liability is 'probably' limited to between NZ$200,000 and NZ$300,000 from Feltex liquidator's 'baseless' court case against the firm
Belfast Park rural zoned land on outskirts of Christchurch sold but sales processes for industrial slice and parcel featuring 640 residential lots drag on
13th Feb 12, 4:13pm
1
Belfast Park rural zoned land on outskirts of Christchurch sold but sales processes for industrial slice and parcel featuring 640 residential lots drag on
Existing NZ shareholders Colin and Dale Armer, Alan Pye and Jagewi Ltd move to full ownership of Dairy Holdings as SCF, Americans exit
3rd Feb 12, 10:52am
7
Existing NZ shareholders Colin and Dale Armer, Alan Pye and Jagewi Ltd move to full ownership of Dairy Holdings as SCF, Americans exit
'Banks in support' as resolution to 'financially sound' Dairy Holdings' shareholder stoush nears
1st Feb 12, 4:15pm
2
'Banks in support' as resolution to 'financially sound' Dairy Holdings' shareholder stoush nears
The government expects to recoup about another NZ$285 mln for taxpayers from the South Canterbury Finance receivership
28th Oct 11, 4:07pm
6
The government expects to recoup about another NZ$285 mln for taxpayers from the South Canterbury Finance receivership