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Liquidation

New Zealand man, and former Worldclear employee Richard Whitham, pleads guilty to removing more than S$1 million from Singapore that wasn't his
10th Jul 21, 8:46am
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New Zealand man, and former Worldclear employee Richard Whitham, pleads guilty to removing more than S$1 million from Singapore that wasn't his
Government extends business debt hibernation scheme for 10 months, despite the wage subsidy and other support measures only seeing 15 firms use the relief in full
1st Dec 20, 6:40am
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Government extends business debt hibernation scheme for 10 months, despite the wage subsidy and other support measures only seeing 15 firms use the relief in full
Chartered accountants say Government Covid support measures have had unintended consequence of propping up businesses that would have failed in normal times
3rd Sep 20, 1:16pm
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Chartered accountants say Government Covid support measures have had unintended consequence of propping up businesses that would have failed in normal times
Government commits to temporary law change to enable businesses to put existing debt into 'hibernation' and give directors a 'safe harbour' from insolvency duties
3rd Apr 20, 3:32pm
20
Government commits to temporary law change to enable businesses to put existing debt into 'hibernation' and give directors a 'safe harbour' from insolvency duties
Broader questions raised about the David Hillary controlled NZ company Worldclear as one of its former employees remains holed up in a Singapore prison
13th Feb 20, 5:00am
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Broader questions raised about the David Hillary controlled NZ company Worldclear as one of its former employees remains holed up in a Singapore prison
CBL shareholders seek redress for failure of the $747 million company; Harbour Asset Management and Argo Investments to lead class action against former directors
18th Oct 19, 2:41pm
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CBL shareholders seek redress for failure of the $747 million company; Harbour Asset Management and Argo Investments to lead class action against former directors
Wellington Phoenix owner Welnix left out of pocket by sponsorship deal with unlicensed forex company Fullerton Markets
14th Oct 19, 12:00pm
1
Wellington Phoenix owner Welnix left out of pocket by sponsorship deal with unlicensed forex company Fullerton Markets
Stanley Group and Tallwood Holdings in liquidation after under-pricing a Housing New Zealand project in Auckland, liquidator says
13th Sep 19, 12:10pm
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Stanley Group and Tallwood Holdings in liquidation after under-pricing a Housing New Zealand project in Auckland, liquidator says
Former foreign exchange broker pleads guilty to fraud charges in SFO case following the collapse of Forex Brokers Limited  
23rd Jul 19, 1:24pm
Former foreign exchange broker pleads guilty to fraud charges in SFO case following the collapse of Forex Brokers Limited  
Fund manager who held major CBL stake contrasts RBNZ's 'very public discourse' around bank capital requirements with its caution about speaking out about an under-capitalised insurer
5th Jul 19, 11:42am
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Fund manager who held major CBL stake contrasts RBNZ's 'very public discourse' around bank capital requirements with its caution about speaking out about an under-capitalised insurer
Independent review finds the RBNZ had concerns about CBL Insurance's solvency from the time it was licensed, but never intervened with any real force; Says the regulator should've deterred the company's parent from floating on the stock exchange
3rd Jul 19, 1:10pm
6
Independent review finds the RBNZ had concerns about CBL Insurance's solvency from the time it was licensed, but never intervened with any real force; Says the regulator should've deterred the company's parent from floating on the stock exchange
Foreign exchange broker Russell Maher whose company Forex Brokers Ltd is in liquidation, enters no plea to fraud charges brought by the Serious Fraud Office
11th Jun 19, 10:37am
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Foreign exchange broker Russell Maher whose company Forex Brokers Ltd is in liquidation, enters no plea to fraud charges brought by the Serious Fraud Office
Liquidator of ex-NZ financial service provider Asia Finance Corporation, previously London Capital NZ, doesn't believe four of seven creditors exist
17th May 19, 7:02am
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Liquidator of ex-NZ financial service provider Asia Finance Corporation, previously London Capital NZ, doesn't believe four of seven creditors exist
Embattled insurer, CBL Corporation, put in liquidation; Brendon Gibson and Neale Jackson of KordaMentha appointed liquidators
13th May 19, 11:21am
Embattled insurer, CBL Corporation, put in liquidation; Brendon Gibson and Neale Jackson of KordaMentha appointed liquidators
Dame Jenny Shipley, Peter Gomm and Clive Tilby follow Richard Yan and appeal High Court's Mainzeal judgment which ordered them to pay $36m between them
26th Mar 19, 11:01am
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Dame Jenny Shipley, Peter Gomm and Clive Tilby follow Richard Yan and appeal High Court's Mainzeal judgment which ordered them to pay $36m between them
After defeat in the Court of Appeal, ANZ wants to take fight to prevent potential action by the FMA against the bank on behalf of collapsed 'Company X' investors to the Supreme Court
8th Mar 19, 10:34am
3
After defeat in the Court of Appeal, ANZ wants to take fight to prevent potential action by the FMA against the bank on behalf of collapsed 'Company X' investors to the Supreme Court
Bankrupted slumlord's ex takes battle to save her company from liquidation to the Supreme Court and loses; Chow brothers caught up in the mess
1st Mar 19, 9:19am
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Bankrupted slumlord's ex takes battle to save her company from liquidation to the Supreme Court and loses; Chow brothers caught up in the mess
NZ companies, financial service providers and internet domain names embroiled in alleged crime wave at the centre of an extradition battle between the USA and Russia over Russian Alexander Vinnik
21st Feb 19, 5:00am
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NZ companies, financial service providers and internet domain names embroiled in alleged crime wave at the centre of an extradition battle between the USA and Russia over Russian Alexander Vinnik
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
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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
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Gibraltar-based insurer, caught in the CBL web, reaches agreement with one of its subsidiaries while it sues another
NZ Shareholders' Association 'disappointed' High Court hearing to determine whether or not CBL Insurance will be liquidated is adjourned for the second time
27th Jul 18, 7:24pm
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NZ Shareholders' Association 'disappointed' High Court hearing to determine whether or not CBL Insurance will be liquidated is adjourned for the second time
CBL Insurance's liquidation hearing deferred until July 30, as RBNZ considers 'additional options' proposed by those opposed to a liquidation
6th Jun 18, 6:30pm
CBL Insurance's liquidation hearing deferred until July 30, as RBNZ considers 'additional options' proposed by those opposed to a liquidation
Reserve Bank's application to liquidate CBL Insurance not to be heard in court on Tuesday as planned; Lawyer can't comment 
5th Jun 18, 10:31am
Reserve Bank's application to liquidate CBL Insurance not to be heard in court on Tuesday as planned; Lawyer can't comment 
FMA believes companies should keep updating the market even if they're in voluntary administration; Says its dealings with CBL have prompted it to ask the court for clarity on the matter
18th May 18, 7:20am
FMA believes companies should keep updating the market even if they're in voluntary administration; Says its dealings with CBL have prompted it to ask the court for clarity on the matter