The sale price is not disclosed but is ‘insufficient’ to allow a distribution to preferential and unsecured creditors.
SEC filing notes settlement with Eric Watson associates.
Auckland moves to alert level 1 but uncertainty mars nationwide outlook.
NBR investigates what led to the finance company’s collapse.
Long waits for EVs, shrinking car yards, rideshare anxieties create problems for vehicle supply.
The airline’s executive team continues to dwindle.
The company wants to reshape finance with its ‘smart money’ technology.
Cash due from confidential arrangement remains unpaid.
Company founder says receivership of his wood processing business has ruined him.
Chasing simpler operations in 2021 means job losses, reduced production.