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Insolvency Watch

Shark Patrol's Insolvency Watch monitors the world wide web in New Zealand for liquidations, receiverships, bankruptcy news as well as reports of convictions of fraud and other 'white collar' crimes'.

However as we also include events such as 'Solvent Liquidations' inclusion on this page does not always mean that the company, the directors and / or shareholders are insolvent.

December 29th, 2011

Categories
Receiverships

The multimillion-dollar Bendemeer development, near Lake Hayes, is on the market more than a year and a-half after the original development went into receivership.

Read the full article on line >>> Otago Daily Times – odt.co.nz

December 28th, 2011

Categories
Liquidation

The former operators of a Palmerston North motor lodge have been ordered to pay rent to the property owner, or face liquidation.

Aladdins Motor Inn in Main St, near Ruahine St, is closed and now the High Court has ordered the company of the same name to pay $20,801 to Bowcorp Holdings.

Read the full artricle on line >>> stuff.co.nz – Manawatu Standard

Companies Office records for ALADDINS MOTOR INN LIMITED list Neville John WAUGH and Lindsay Clare WAUGH of 746 Main Street Palmerston North as director/s.

Companies Office records for BOWCORP HOLDINGS LIMITED list Richard J BOWLING of 1887 Kimbolton Road Rd 7 Feilding, Mathew James BOWLING of 26 Pitcairn Place New Windsor Auckland and Darren John BOWLING of 7 Caprera Street Melrose Wellington as director/s.

December 28th, 2011

Categories
Retail deposit guarantee scheme

Taxpayers won’t have to foot the bill much longer for failing banks and finance companies, with the last of the Crown deposit guarantees ending on Saturday.

Taxpayers have paid out more than $1.9billion, with the lion’s share going to South Canterbury Finance investors.

Nine finance houses failed under the Crown guarantee.

Read the full article on line >>> stuff.co.nz

December 28th, 2011

Categories
Voluntary administration / liquidation

CORONET PEAK HOTEL LIMITED in Queenstown has voluntarily been put into liquidation, owing more than $1.4 million, after a plunging market, “unsustainable rental” and the building’s poor condition saw it fail this year.

Read the full article on line >>> Otago Daily Times – odt.co.nz

Companies Office records for CORONET PEAK HOTEL LIMITED list David Raymond MERCER of Arthurs Point Queenstown and Roger Murray Lorimer DOLD of School Road Paihia as Director/s.

The Liquidator is:
Christopher MCCULLAGH and Stephen LAWRENCE – PKF CORPORATE RECOVERY & INSOLVENCY (AUCKLAND) LIMITED
Po Box 3678, Shortland Street, Auckland 1140.
Phone: 09 302 0521
Email: admin@pkfcr.co.nz

Liquidator reports: Liquidator First Report due 04 Jan 2012

December 28th, 2011

Categories
Liquidation

The director of a property development company, REGIS PARK STAGE 2 LIMITED, responsible for an environmentally sustainable project in Whitford says the success of the scheme was scuppered by Transpower’s pylon plan.

Read the full article on line >>> stuff.co.nz – Eastern Courier

Companies Office records show:

  • The Directors are: John Robert Armstrong MASON of Whitford, Wayne Ramon ALLEN and Robert Ian BRUCE of Howick
  • The Liquidator is:
    Aaron HEATH and Michael LAMACRAFT – MELTZER MASON HEATH
    Po Box 6302, Wellesley Street, Auckland 1141.
    Phone: 09 357 6150
    Email: arron@mmh.co.nz and mike@mmh.co.nz

    Liquidator reports: View Companies Office Documents

December 28th, 2011

Categories
Liquidation

CHALLENGE CLEANING LIMITED was put into Liquidation on the 23 Dec 2011 by 241(2)(a) – Special Resolution of Shareholders.

Companies Office records for CHALLENGE CLEANING LIMITED list James HIRA (Appointed: 07 Dec 2011) of Daventry Street Waterview Auckland as Director/s.

The Liquidator is:
Grant REYNOLDS
Po Box 259 059, Greenmount, Auckland.
Phone: 0275 770 162
Email: grant@randa.co.nz

Liquidator reports: Liquidator First Report due 09 Jan 2012

A company can be placed into liquidation in one of the following ways:

Through a ‘Special Resolution of Shareholders – 241(2)(a)’ including Solvent Liquidations; or

A decision of the ‘Board of Directors – 241(2)(b)” of the company following an event specified in the company constitution to cause liquidation; or

A ‘Creditors Resolution Passed at Watershed Meeting – 241(2)(d)’; or

The High Court makes an order following an application to the ‘Court – 241(2)(c)’ by either the company, a director, a shareholder or a creditor of the company; or

‘Vacancy in Office – 283(8)’, an existing Liquidator resigns and is replaced.

December 28th, 2011

Categories
Liquidation

H&R BRICKLAYERS AUCKLAND WIDE LIMITED was put into Liquidation on the 23 Dec 2011 by 241(2)(a) – Special Resolution of Shareholders.

Companies Office records for H&R BRICKLAYERS AUCKLAND WIDE LIMITED list Shane Arron HOWELL of Craig Road Maraetai Auckland as Director/s.

The Liquidator is:
Grant REYNOLDS
Po Box 259 059, Greenmount, Auckland.
Phone: 0275 770 162
Email: grant@randa.co.nz

Liquidator reports: Liquidator First Report due 09 Jan 2012

A company can be placed into liquidation in one of the following ways:

Through a ‘Special Resolution of Shareholders – 241(2)(a)’ including Solvent Liquidations; or

A decision of the ‘Board of Directors – 241(2)(b)” of the company following an event specified in the company constitution to cause liquidation; or

A ‘Creditors Resolution Passed at Watershed Meeting – 241(2)(d)’; or

The High Court makes an order following an application to the ‘Court – 241(2)(c)’ by either the company, a director, a shareholder or a creditor of the company; or

‘Vacancy in Office – 283(8)’, an existing Liquidator resigns and is replaced.

December 28th, 2011

Categories
Liquidation

G & L PROPERTY 2009 LIMITED was put into Liquidation on the 23 Dec 2011 by 241(2)(a) – Special Resolution of Shareholders.

Companies Office records for G & L PROPERTY 2009 LIMITED list Alex MODRICH of Rata (Appointed: 20 Dec 2011) Street New Lynn Auckland as Director/s.

The Liquidator is:
Grant REYNOLDS
Po Box 259 059, Greenmount, Auckland.
Phone: 0275 770 162
Email: grant@randa.co.nz

Liquidator reports: Liquidator First Report due 09 Jan 2012

A company can be placed into liquidation in one of the following ways:

Through a ‘Special Resolution of Shareholders – 241(2)(a)’ including Solvent Liquidations; or

A decision of the ‘Board of Directors – 241(2)(b)” of the company following an event specified in the company constitution to cause liquidation; or

A ‘Creditors Resolution Passed at Watershed Meeting – 241(2)(d)’; or

The High Court makes an order following an application to the ‘Court – 241(2)(c)’ by either the company, a director, a shareholder or a creditor of the company; or

‘Vacancy in Office – 283(8)’, an existing Liquidator resigns and is replaced.

December 28th, 2011

Categories
Liquidation

FRAMEIT 2008 LIMITED was put into Liquidation on the 23 Dec 2011 by 241(2)(a) – Special Resolution of Shareholders.

Companies Office records for FRAMEIT 2008 LIMITED list James KOHADA (Appointed: 20 Dec 2011) of Te Wiata Place Avondale Auckland as Director/s.

The Liquidator is:
Grant REYNOLDS
Po Box 259 059, Greenmount, Auckland.
Phone: 0275 770 162
Email: grant@randa.co.nz

Liquidator reports: Liquidator First Report due 09 Jan 2012

A company can be placed into liquidation in one of the following ways:

Through a ‘Special Resolution of Shareholders – 241(2)(a)’ including Solvent Liquidations; or

A decision of the ‘Board of Directors – 241(2)(b)” of the company following an event specified in the company constitution to cause liquidation; or

A ‘Creditors Resolution Passed at Watershed Meeting – 241(2)(d)’; or

The High Court makes an order following an application to the ‘Court – 241(2)(c)’ by either the company, a director, a shareholder or a creditor of the company; or

‘Vacancy in Office – 283(8)’, an existing Liquidator resigns and is replaced.

December 28th, 2011

Categories
Liquidation

AUCKLAND NETWORK DISTRIBUTION LIMITED (previously known as OFFSHORE INDUSTRY MANAGEMENT LIMITED) was put into Liquidation on the 23 Dec 2011 by 241(2)(a) – Special Resolution of Shareholders. NOTE: This is a Solvent Liquidation – Resolution of Solvency Filed: 23 December 2011.

Companies Office records for AUCKLAND NETWORK DISTRIBUTION LIMITED list Donna CARPINTER of Tukapa Street Rd 1 New Plymouth as Director/s.

The Liquidator is:
Karen MASON and Rachel MASON – MELTZER MASON HEATH
Po Box 6302, Wellesley Street, Auckland 1141.
Phone: 09 357 6150
Email: karen@mmh.co.nz or rachel@mmh.co.nz

Liquidator reports: Liquidator First Report Filed: 23 Dec 2011

A company can be placed into liquidation in one of the following ways:

Through a ‘Special Resolution of Shareholders – 241(2)(a)’ including Solvent Liquidations; or

A decision of the ‘Board of Directors – 241(2)(b)” of the company following an event specified in the company constitution to cause liquidation; or

A ‘Creditors Resolution Passed at Watershed Meeting – 241(2)(d)’; or

The High Court makes an order following an application to the ‘Court – 241(2)(c)’ by either the company, a director, a shareholder or a creditor of the company; or

‘Vacancy in Office – 283(8)’, an existing Liquidator resigns and is replaced.