failed finance companies
BusinessDesk: Allied Farmers shareholders prepare to welcome bond holders to penny-dreadful land
3rd Nov 11, 1:34pm
4
BusinessDesk: Allied Farmers shareholders prepare to welcome bond holders to penny-dreadful land
Kevin Podmore puts "proposals" to St Laurence trustee on his NZ$20 mln guarantee to investors; Bankruptcy and/or liquidation proceedings possible
1st Nov 11, 4:01pm
4
Kevin Podmore puts "proposals" to St Laurence trustee on his NZ$20 mln guarantee to investors; Bankruptcy and/or liquidation proceedings possible
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
BusinessDesk: Offers for Allied Nationwide Finance loan book 'unsatisfactory', receiver says
28th Oct 11, 11:04am
2
BusinessDesk: Offers for Allied Nationwide Finance loan book 'unsatisfactory', receiver says
Government to set up company to manage recovery of NZ$350 mln worth of assets from 6 failed finance companies
27th Oct 11, 1:35pm
Government to set up company to manage recovery of NZ$350 mln worth of assets from 6 failed finance companies
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
3
Taxpayers' have got NZ$395 mln back from NZ$1.58 bln outlay on South Canterbury Finance receivership so far
After 30-40 years of NZ 'not being very smart' leads to finance company meltdown,Tony Molloy QC suggests simplifying legislation
26th Oct 11, 4:00pm
12
After 30-40 years of NZ 'not being very smart' leads to finance company meltdown,Tony Molloy QC suggests simplifying legislation
National Finance 2000 director Allan Ludlow jailed for six years for theft and false accounting
20th Oct 11, 1:22pm
4
National Finance 2000 director Allan Ludlow jailed for six years for theft and false accounting
Finance companies collapsed because regulators, courts, lawyers and accountants were 'unready, unwilling and unable' to do their jobs with integrity, QC says
18th Oct 11, 4:02pm
20
Finance companies collapsed because regulators, courts, lawyers and accountants were 'unready, unwilling and unable' to do their jobs with integrity, QC says
Select Committee report on finance company collapses urges next Parliament to finally pass Class Actions Bill
12th Oct 11, 4:04pm
3
Select Committee report on finance company collapses urges next Parliament to finally pass Class Actions Bill
Allied Farmers settles NZ$5m dispute with Hanover; Will convert capital notes into shares; Reveals NZ$41m audited annual loss
6th Oct 11, 1:44pm
3
Allied Farmers settles NZ$5m dispute with Hanover; Will convert capital notes into shares; Reveals NZ$41m audited annual loss
Ex-Hanover chairman Greg Muir paid NZ$959,000 as Tru-Test boss versus company's NZ$1.49 million profit
6th Oct 11, 12:38pm
9
Ex-Hanover chairman Greg Muir paid NZ$959,000 as Tru-Test boss versus company's NZ$1.49 million profit
Auditor General says Treasury lacked financial prudence in administering Crown retail deposit guarantee scheme; Let taxpayer risk grow
4th Oct 11, 3:29pm
9
Auditor General says Treasury lacked financial prudence in administering Crown retail deposit guarantee scheme; Let taxpayer risk grow
Financial Markets Authority CEO Sean Hughes down plays prospect of using new powers to try and recoup NZ$3.45 bln lost by finance company investors
16th Sep 11, 4:02pm
Financial Markets Authority CEO Sean Hughes down plays prospect of using new powers to try and recoup NZ$3.45 bln lost by finance company investors
Financial Markets Authority continues 16 inherited finance company investigations, closes six
14th Sep 11, 12:25pm
6
Financial Markets Authority continues 16 inherited finance company investigations, closes six
Serious Fraud Office, Financial Markets Authority throw the book at 2 ex-directors and an associate over Belgrave Finance demise
14th Sep 11, 10:35am
14
Serious Fraud Office, Financial Markets Authority throw the book at 2 ex-directors and an associate over Belgrave Finance demise
Allied Farmers may issue yet more shares to replace its soon to mature capital notes
1st Sep 11, 4:44pm
6
Allied Farmers may issue yet more shares to replace its soon to mature capital notes
Japan's Nomura buys NZ$123 million of South Canterbury Finance consumer, business and rural loans
16th Aug 11, 2:26pm
Japan's Nomura buys NZ$123 million of South Canterbury Finance consumer, business and rural loans
Election 2011 - Party Policies - Social Welfare - Corporate Welfare
24th Jul 11, 5:56pm
Election 2011 - Party Policies - Social Welfare - Corporate Welfare
Bridgecorp investors close to receiving first repayment almost 4 years after company's collapse
12th May 11, 11:35am
Bridgecorp investors close to receiving first repayment almost 4 years after company's collapse
St Laurence's 9,431 debenture holders face zero return on 34% Irongate stake and management contract
9th May 11, 4:07pm
St Laurence's 9,431 debenture holders face zero return on 34% Irongate stake and management contract
Irongate Property, 34% owned by St Laurence, asks trustee to call in receivers
4th May 11, 9:30am
Irongate Property, 34% owned by St Laurence, asks trustee to call in receivers
RBNZ wants finance companies to disclose their exposure to capitalised interest loans
26th Apr 11, 3:58pm
3
RBNZ wants finance companies to disclose their exposure to capitalised interest loans
Ex-Blue Chip company to pay Lombard NZ$1m settlement as receiver of failed finance company locks horns with the taxman
21st Apr 11, 4:18pm
1
Ex-Blue Chip company to pay Lombard NZ$1m settlement as receiver of failed finance company locks horns with the taxman
Opinion: Hey Hanover and Allied Farmers, stop fighting and give the NZ$5 million to ex-Hanover investors
18th Apr 11, 12:58pm
11
Opinion: Hey Hanover and Allied Farmers, stop fighting and give the NZ$5 million to ex-Hanover investors