Becoming a Shark Patrol member is fast and simple. And for a limited time there is
NO JOINING FEE.
Take a tour or use our FREE payment resolution assistance here »
To join now, click on the appropriate link below, and fill out the simple application form.
26 January 2012: Serious Fraud Office - Progress of Finance Company investigations
We list below the majority of these finance companies and institutions, which include hyper links to Media Coverage for each. The result being the chronology of collapses and defaults as reported by New Zealand Media.
Use this link to view full media coverage of Failed Finance Companies
ALL PURPOSE FINANCE LIMITED (Trading as St Kilda Finance)
Directors: Peter James HUTCHISON, John Edward FARRY, Oliver Roderick MATSON, Wendy Joan STEIN and Stuart Alexander Mccrae PERRY
In receivership 2008 November 10 - Receiver: BDO Christchurch Limited
Receivers reports | Media Coverage
ALLIED NATIONWIDE FINANCE LIMITED
Directors: Garry Charles BLUETT, Philip Charles LUSCOMBE, Richard Nelson SPEIRS and Paul Alexander MACFIE
In Receivership 2010 August 20 - Receiver: McGrathNicol
Receivers reports | Media Coverage
ANTARES FINANCE HOLDINGS LIMITED
Directors: Anthony Walpole BOWDEN, Nicholas George KIRK and Marcus Arthur MACDONALD
Liquidation 2007 August - Liquidator: Gerry Rea Partners
Liquidator reports | Media Coverage
AORANGI SECURITIES LIMITED
Directors: Allan James HUBBARD and Margaret Jane HUBBARD
In Statutory Management 2010 June 22
Media Coverage | Serious Fraud Office investigation
BELGRAVE FINANCE LIMITED
Directors: Stephen Charles SMITH and Shane Joseph BUCKLEY
In Receivership 2008 May 28, In Liquidation 2008 April 23 - Receiver: Kordamentha
Receivers reports | Media Coverage | Serious Fraud Office investigation
BENEFICIAL FINANCE LIMITED
Directors: Mervyn John OLDHAM, Simon Craig OLDHAM and Kane Edward OLDHAM
Moratorium 2007 October 08
Media Coverage
B'ON FINANCIAL SERVICES LIMITED
Directors: Michael John BRADLEY and Jacqueline Lyndsay BRADLEY
In Liquidation 2009 December 21
Liquidator reports | Media Coverage | Serious Fraud Office investigation
BOSTON FINANCE LIMITED (previously MFS Boston Limited changed 28 Mar 2008)
Directors: Adrian Lance GREEN and Stephen Kingsley Edgar TURNER
In receivership 2009 November 19 - Receiver: Kordamentha
Receivers report | Media Coverage
BRIDGECORP LIMITED
Directors: Rodney Michael PETRICEVIC, Bruce Nelson DAVIDSON, Peter David STEIGRAD, Gary Kenneth URWIN and Cornelis Robert ROEST
In Receivership 2007 July 02, Receiver: PricewaterhouseCoopers
In Liquidation 2008 August 29, Liquidators: John Scutter and Kevin Newson
Liquidator and Receiver reports | Media Coverage | Serious Fraud Office investigation
CAPITAL + MERCHANT FINANCE LIMITED
Directors: Robert Gordon SUTHERLAND, Neal Medhurst NICHOLLS, Owen Francis TALLENTIRE and Colin Gregory RYAN
In Receivership 2007 November 23, Receiver: PricewaterhouseCoopers
In Liquidation 2009 December 15, Liquidator: Official Assignee
Liquidator and Receiver reports | Media Coverage | Serious Fraud Office investigation
CAPITAL + MERCHANT INVESTMENTS LIMITED
Directors: Neal Medhurst NICHOLLS and Owen Francis TALLENTIRE
In Receivership 2007 November 23 - The Official Assignee was appointed Liquidator on 15 December 2009
Liquidator and Receivers report | Media Coverage
CHANCERY FINANCE LIMITED
Director: Gary James STEVENS
In Liquidation 2008 October 31 - Liquidator: Montgomerie Limited
Liquidator reports | Media Coverage
CLEGG & CO FINANCE LIMITED
Director: Brian Samuel CLEGG
In Receivership 2007 October 04 - Receiver:BDO
Receiver reports | Media Reports
COMPASS CAPITAL LIMITED
Director: Robert John MOODY and Ian Wayne GLADWELL
In Receivership 2009 Mar 19 - Receiver: Kordamentha
Receiver reports | Media Coverage
CYMBIS NEW ZEALAND (re-named Fairview)
Director: Owen Francis TALLENTIRE
In Receivership 2008 May 12 - Receiver: Deloitte
Receiver reports | Media Coverage
DOMINION FINANCE GROUP LIMITED
Directors: Terence Maxwell BUTLER, Ann Kathleen BUTLER, Vance Eric ARKINSTALL, Richard Gilbert BETTLE and Paul Winstone FORSYTH
In receivership 2008 September 09 - Receiver: Deloitte
In Liquidation 2009 May 15 - Liquidator: McGrathNicol Partners (NZ) Limited
Liquidator and Receiver reports | Media Coverage | Serious Fraud Office Investigation
DOMINION FINANCE HOLDINGS LIMITED
Directors: Terence Maxwell BUTLER, Ann Kathleen BUTLER, Vance Eric ARKINSTALL, Paul Winstone FORSYTH, Robert Barry WHALE and Richard Gilbert BETTLE
Voluntary Administration 2008 October 15, In Liquidation 2009 Feb 02 - Liquidator: Corporate Finance Ltd
Liquidator reports | Media Coverage
DORCHESTER FINANCE LIMITED
Directors: Paul Anthony BYRNES, Michael John FISHER, John James GOSNEY, Stephen SINCLAIR and Grant BAKER
Moratorium 2008 June 25
Media Coverage
FENDAL FINANCE LIMITED
Director: Mowat Earle Gray USSHER
In Liquidation 2009 March 25 - Liquidator: Murray Allott
Liquidator reports | Media Coverage
Finance and Investments
In receivership 2007 September 05
Media Coverage
FIVE STAR CONSUMER FINANCE LIMITED
Directors: Nicholas George KIRK, Marcus Arthur MACDONALD and Anthony Walpole BOWDEN
In receivership 2007 August 29 - Receiver: PricewaterhouseCoopers
Receiver reports | Media Coverage | Serious Fraud Office Investigation
GENEVA FINANCE LIMITED
Directors: Peter Edward FRANCIS, David Gerard O'CONNELL, Ronald Robin KING and David William SMALE
Moratorium 2007 October 16
Media Coverage
GUARANTEED FINANCE LIMITED
Director and Shareholder: Andrea BAKER
In Liquidation 2010 October 20 - Liquidator: Ralph O'Hara
Liquidator reports | Media Coverage
HALIFAX FINANCE LIMITED
Directors: Paul Francis BROWNIE
In Liquidation 2010 August 12 - Liquidator: Shephard Dunphy Limited
Liquidator reports | Media Coverage
HANOVER CAPITAL LIMITED
Director: Mark Stephen HOTCHIN
In Moratorium 2008 July
Media Coverage
HANOVER FINANCE LIMITED
Director: Mark Stephen HOTCHIN
In Moratorium 2008 July
Media Coverage | Serious Fraud Office Investigation
IMP DIVERSIFIED INCOME FUND LIMITED
Directors: Ruth Margaret RICHARDSON and Christopher Carbrook ALPE
Moratorium 2008 June 06 (Ending 30 November 2010)
Media Coverage
KIWI FINANCE LIMITED
Directors: Rodney Seymour Roberts GREENSILL and Barry Noel LAMBERT
In receivership 2008 April 15 - Voluntary Administration 2008 April 30
Receivers: PricewaterhouseCoopers
Receiver reports | Media Coverage | Serious Fraud Office Investigation
LDC FINANCE LIMITED
Directors: Kevin ELLIOTT, David Gordon MILLER and Christopher John HARDIMAN
In Receivership 2007 September 04 - Receiver: PricewaterhouseCoopers
Receiver reports | Media Coverage
LOMBARD FINANCE & INVESTMENTS LIMITED
Directors: The Hon William Patrick JEFFRIES, The Rt Hon Sir Douglas Arthur Montrose GRAHAM, Lawrence Roland Valpy BRYANT and Michael Howard REEVES
In Receivership 2008 April 10 - Receiver: PricewaterhouseCoopers
Receiver reports | Media Coverage
MASCOT FINANCE LIMITED
Directors: Kenneth Alexander LANE, Judith Elizabeth LANE, Brian Patrick KREFT and David John STOCK
In Receivership 2009 March 02 - Receiver: Deloitte
Receiver reports | Media Coverage
MFS BOSTON LIMITED (changed name to Boston Finance Limited 28 Mar 2008)
Directors: Adrian Lance GREEN and Stephen Kingsley Edgar TURNER
Moratorium 2008 March 14 (see Boston Finance, In receivership, above)
Media Coverage
MFS PACIFIC FINANCE LIMITED (Renamed OPI Pacific Finance - 2008 March 31)
Director: Jason Robert Duncan MAYWALD
In Receicerhip 15 September 2009 - Receiver: PricewaterhouseCoopers
Receiver reports | Media Coverage
MUTUAL FINANCE LIMITED
Directors: Lance David MORRISON, Paul Neville BUBLITZ and Paul Raymond Shelley HOCKING
In Receivership 2010 July 14 - Receiver: Kordamentha
Receiver reports | Media Coverage
NATHANS FINANCE NZ LIMITED
Directors: Mervyn Ian DOOLAN, Kenneth Roger MOSES and Donald Menzies YOUNG
In Receivership 2007 August 21 - Receivers: PricewaterhouseCoopers
Receiver reports | Media Coverage | Serious Fraud Office Investigation
NATIONAL FINANCE 2000 LIMITED
Directors: Trevor Allan LUDLOW, Carol Anne BRAITHWAITE and Anthony David BANBROOK
In Receivership 2006 May10 - Receiver: PricewaterhouseCoopers
In Liquidation 2008 August 01 - Montgomerie Limited
Liquidator and Receiver reports | Media Coverage | Serious Fraud Office Investigation
NORTH SOUTH FINANCE LIMITED
Directors: Richard Gilbert BETTLE and Vance Eric ARKINSTALL
In Receivership 2010 July 08 - Receiver: Kordamentha
In Liquidation 2010 September 17 - McDonald Vague
Liquidator and Receiver reports | Media Coverage
NUMERIA FINANCE LIMITED
Directors: Owen Francis TALLENTIRE and Neal Medhurst NICHOLLS
In Receivership 2007 December 17 - Receiver: Kordamentha
Receiver reports | Media Coverage
ORANGE FINANCE LIMITED
Director: Douglas Lloyd SOMERS-EDGAR
In Moratorium 2008 December
Media Coverage
PROPERTYFINANCE GROUP LIMITED
Directors: Darryl Bruce QUEEN, Barnaby Innes SUNDSTRUM and Peter John Morgan TAYLOR
In Liquidation 2010 May 31 - Liquidator: Murray G Allott
Liquidator reports | Media Coverage
PROVINCIAL FINANCE LIMITED
Directors: John Simon EDILSON and Philip Brent WHEELER
In Receivership 2006 May 30 - Receiver: PricewaterhouseCoopers
Receiver reports | Media Coverage
ROCKFORTE FINANCE LIMITED
Directors: Nigel Brent O'LEARY, John Patrick GARDNER and Colin Mark SIMPSON
In Receivership 2010 May 10 - Receiver: Indepth Forensic Limited
Receiver reports | Media Coverage
SOUTH CANTERBURY FINANCE LIMITED
Director: Stuart James MCLAUCHLAN
In Receivership 2010 August 31 - Receiver: McGrath Nicol Partners (NZ} Limited
Receiver reports | Media Coverage | Serious Fraud Office Investigation
ST LAURENCE LIMITED
Directors: Kevin John PODMORE, Sandra Ann LEE and John James GOSNEY
In Receivership 2010 April 29 - Receiver: Deloitte
Receiver reports | Media Coverage
STRATA FINANCE LIMITED
Directors: Alan Walton ROBERTSON and Robert Keith TUCKER
In Receivership 2009 September 23 - Receiver: McGrath Nicol Partners (NZ) Limited
Receiver reports | Media Coverage
STRATEGIC FINANCE LIMITED
Directors: Michael (Jock) James Bowie HOBBS, Marc Aubrey LINDALE, Denis Grenville THOM, David John WOLFENDEN, Graham Edward JACKSON and Kerry FINNIGAN
In Receivership 2010 Mar 12 - Receiver: PricewaterhouseCoopers
In Liquidation 2010 July 26 - Liquidator: Corporate Finance Limited
Liquidator and receiver reports | Media Coverage
UNITED FINANCE LIMITED
Director: Mark Stephen HOTCHIN
In Moratorium 2008 July
Media Coverage
VIADUCT CAPITAL LIMITED
Directors: Bruce Alexander MCKAY and Richard Timothy BLACKWOOD
In Receivership 2010 May 13 - Receiver McDonald Vague
Receiver reports | Media Coverage
VISION SECURITIES LIMITED
Directors: Robert Athol FOSTER, Aaron James Ivan ARMSTRONG, John Llewellyn JACKSON, Matthew Clement CURRIE, Bruce Charles DAVIDSON and Ronald Douglas ANDERSON
In Receivership 2010 March 31 - Receiver: Deloitte
Receiver reports | Media Coverage
WAIPAWA FINANCE COMPNAY LIMITED
Director: Warren David Bruce PICKETT
In Liquidation 2008 August 07 - Liquidator: BDO Hawke's Bay
Liquidator reports | Media Coverage
WESTERN BAY FINANCE
Directors: James Lindsay SMYLIE (governing Director) and Kaaren Ilse SMYLIE
In Receivership from 03 August 2006 to 03 September 2008 - Receiver: Kordamentha
Receiver reports | Media Coverage
Approved Institutions
List of institutions that are participating or have participated in the Extended Retail Deposit Guarantee scheme and that have signed Crown deeds of guarantee or Crown deeds of nomination.
List of Institutions That Have Triggered the Guarantee
The Government will repay all depositors of Crown guaranteed companies that defaulted while protected by the current Retail Deposit Guarantee Scheme.
Please Contact Us if you find any links that are no longer active, or you know of developments or updates that could be added to this page.
Company directors can be held personally liable for the losses of their companies.
NZ Herald Jan 30 2011
The Securities Commission has completed investigations into 26 of the 50 failed finance companies but is still looking into the rest.
NZ Herald Dec 4 2010
Securities Commission chairman Jane Diplock labelled as a "myth" suggestions the commission could have done more to limit the damage done by finance company collapses.
NZ Herald Dec 2 2010
The new regulatory regime for financial advisers begins today, with the first Authorised Financial Advisers receiving their certificates of authorisation at a ceremony in Auckland from Commissioner for Financial Advisers, David Mayhew. The regulatory regime will be phased in between today and 1 July 2011.
Securities Commission Dec 1 2010
IN the past two years, Australia's top financial regulator has begun 19 lawsuits aimed at recovering money for investors...
Since January 2007, how many lawsuits to recover money for investors have New Zealand's financial regulators begun?
StarSundayTimes
The Registered Master Builders Federation is failing to properly protect the public against insolvent builders, a Christchurch builder claims.
stuff.co.nz 15 June 2009
DELVING THROUGH the dusty clippings files in the basement of the Sunday Star-Times building in Auckland, the lessons of lost fortunes echo through the years.
SundayStarTimes
Telehone: 0800 667 427
Facsimile: 09 418 5185
Skype: shark-spotterAddress: P.O.Box 340 222,
North Shore City, Auckland 0746Or email us via our contact page
NZ Registered Company