Liquidation

12 Nov 18, 2:15pm
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 
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1 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
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13 Aug 18, 4:51pm
Gibraltar-based insurer, caught in the CBL web, reaches agreement with one of its subsidiaries while it sues another
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27 Jul 18, 7:24pm
NZ Shareholders' Association 'disappointed' High Court hearing to determine whether or not CBL Insurance will be liquidated is adjourned for the second time
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6 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
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5 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 
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18 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
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10 May 18, 4:02pm
The New Zealand Shareholders' Association calls for CBL Corporation to be liquidated and the FMA to exercise its powers to act on behalf of investors
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27 Apr 18, 1:50pm
Two of CBL Insurance's six directors claim the company in interim liquidation is solvent; issue to be addressed in court when RBNZ's liquidation claim is heard in June
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28 Feb 18, 11:23am
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 
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27 Feb 18, 12:20pm
KordaMentha confirms CBL Corp's results won't be released Tuesday as planned; Central Bank of Ireland warns there could be a 'disorderly failure' of CBL Insurance Europe if it isn't put into administration
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24 Feb 18, 7:55pm
RBNZ action sees High Court place CBL Insurance into interim liquidation; Order sparks withdrawal of parent company's issuer credit rating
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21 Dec 17, 7:39am
Creditors struggle to sell house worth a mil, that's had up to $3 mil borrowed against it by associate of notorious slumlord
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16 Feb 17, 11:28am
SFO accuses foursome of fraudulently obtaining $40 million from ANZ to build the Waldorf Celestion Apartment Hotel
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11 Oct 13, 9:10am
Receivers confirm that the BNZ will get all the $11.3 million it is owed by the collapsed Mainzeal group back
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25 Sep 13, 12:27pm
Unsecured creditors of collapsed Mainzeal companies have filed claims totaling $106.3 million
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18 Jul 13, 2:57pm
Liquidator of collapsed Blue Chip group unable to find funds to continue with legal action against directors and auditors
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10 Jul 13, 5:46pm
The remnants of the National Finance 2000 and Western Bay Finance loan books go on the block
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11 Apr 13, 9:29am
Feltex receivership wraps up with plug puller ANZ still owed almost NZ$20 mln, unsecured creditors and shareholders out of pocket
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9 Apr 13, 11:17am
Receiver yet to calculate total Mainzeal debts; No indication yet whether secured creditor BNZ will get all its money back
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