CBL MD Peter Harris acknowledged CBLI’s breach of solvency requirements on February 21.

CBL Insurance $136m short in December, report says

Mon 14 May 15

Fund manager writes share value down to zero.

McGrathNicol liquidator Kare Johnstone, and her colleague Andrew Grenfell, have been appointed as interim liquidators.

CBL Insurance liquidation hearing set

Fri 6 Apr 1

 Chinese lenders sought legal advice on suing ANZ, NBR understands. 

CBL chairman Sir John Wells responded to the RBNZ by letter on February 22.

Did CBL chairman know about $42m Alpha transfer?

Fri 6 Apr 18

Payment in breach of Reserve Bank order triggered interim liquidation.  

RBNZ Governor Grant Spencer

RBNZ's Spencer tipped to stand pat in final review next week, repeat same message

Fri 16 Mar 7

Economists see no prospect of acting Reserve Bank governor Grant Spencer lifting the official cash rate in his final review next week and do not expect him to deviate from the line that rates are on hold for the foreseeable future given the lack of inflation.

Reserve Bank deputy governor Geoff Bascand says “To make public announcements early puts real grave risk of damaging the company.”

‘We don’t have a duty to the investor,’ RBNZ says

Mon 12 Mar 17

Insurance regulator says it did everything it could to preserve value at stricken CBL. 

Economist Michael Reddell says the Reserve Bank board should be scrapped

What to do about RBNZ's cheerleading board

Mon 5 Mar 11

Opinion: Five-yearly agreements are extremely odd unless you’re in China or the former Soviet Union.


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