How does a winery top its achievement as a family-owned business for 100 years?
Investors in Money Managers’ First Step trusts might face further losses as the trust’s investment manager stands to lose up to $36 million on a failed Onehunga development.
Receivers for Retail on Main, BDO Spicers, said the company owed Financial Trust $36 million as at March 31 2009.
The liquidator for numerous companies owned by ex-Olympian Brent Clode has managed to escape serious repercussions after failing to appear in court.
Michael Cooper failed to turn up at the High Court at Auckland twice – but documents obtained by NBR indicated Mr Cooper would not have to go before the court to explain his absence.