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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.

May 05th, 2011

Categories
Inland Revenue Department

Inland Revenue is to withdraw a High Court application to put internationally renowned aircraft restorer the CROYDON AIRCRAFT COMPANY LIMITED into liquidation.

IRD solicitor David Tasker confirmed there would be a request to discontinue the application at next week’s scheduled High Court hearing in Invercargill.

Read the full article on line >>> The Southland Times

March 17th, 2010

Categories
Liquidation, Receiverships

A computer company headed by Auckland City councillor and Auckland Rugby Board chairman Ken Baguley has gone under, owing Inland Revenue hundreds of thousands of dollars.

Mr Baguley said Online Business Management, an information technology company he set up in 1979, had been unable to negotiate a way out, and had no alternative but to wind up. The matter goes to court next Wednesday.

Published: The New Zealand Herald by Bernard Orsman
Read the full article on-line >>>

New Zealand Companies Office records for ONLINE BUSINESS MANAGEMENT LIMITED list Wolfgang Terry HAWKER and Kenneth Hugh BAGULEY as directors.