Liquidation stories
Dick Smith Holdings creditors have voted to place the failed business into liquidation in a last ditch effort to recoup some of their lost money.
Claims against two Optimizer HQ subsidiaries are likely to hit $11.3 million, with liquidators reviewing the sale of business assets pre-liquidation.
Spark NZ was owed $26.9 million when Mako Networks went into receivership, with little chance of unsecured creditors recouping their funds.
United States telecommunications service provider D&S Communications has acquired the assets of Mako Networks from the company's receivers.
Failed network management company Mako Networks has liabilities of more than $30 million, with an estimated deficit of $25m expected.
Mako Networks in liquidation, Spark steps in as secured creditor to appoint receivers, thwarting the tech firm's financial tailspin.
Liquidators of a failed milk exporting company, which became insolvent after losing an unfair dismissal case with employees, may force the company's C.
Maclean Computing has expressed frustration over conspiracy theories following a rapid asset purchase post-liquidation, branding them as unfair criticisms.
The liquidator first report states that BizDojo Auckland Ltd has not been able to provide a balance sheet and does not own any assets.
Unsecured creditors of failed POS distributor Mecari, previously known as Pos Pos, have received small payments as the company's liquidation winds up.
Tony Gapes, the developer building Springpark, which is among Auckland's largest residential projects, has liquidated one of his investment vehicles,.
Veritas Investments, the food and beverage investor, has responded to media reports about the financial health of its Mad Butcher brand by saying the.
Shanton Fashion's debt crisis deepens, with a reported £4.4m asset shortfall as creditors face a dire decision.
Auckland-based distributor iData Resolutions has been put into liquidation, with Dennis Clifford Parsons appointed as liquidator on 21 January.
NZF Group, the listed financial services shell company blocked from liquidating by its major noteholder this year, is in due diligence for a possib.
