Heartland Bank appointed receivers to the group in April and is owed close to $8.9m under various security agreements.
Meat exporter faces turbulent year with $97.9m loss following record profit the previous year.
Post-election optimism surges among New Zealand business leaders, yet financial challenges loom, shows BDO's latest report.
Commerce Commission satisfied acquisition of Independent Fisheries unlikely to substantially lessen competition in any New Zealand market.
The failed ECE provider, which folded earlier this year owing nearly $20m in debt, was run by the now-bankrupted couple that bought Porse from Evolve Education.
Williams says he’s ready for a break after 13 years with Forbar, and 30 years in the industry.
After a long gestation, Ventus Energy aims to get its first project off the drawing board south of Kawhia Harbour.
Government agency’s decision not to release damning reports on the advisory firm was correct, Ombudsman says.
A burst water pipe at facility was ‘nail in the coffin’ for Newcon Group, which had three other projects on its books when it failed, including a new Bunnings warehouse and a social housing development.
Icebreaker founder finds shift into FMCG exciting – and helped by having a more refined exporting strategy than first time around.