close
Law
4 mins to read

Appeal Court backs liquidation of Satori Holdings

Receivers of the company that owned the luxury Six Senses Resort in Fiji appointed liquidators to Andrew Griffiths’ company in February.

Six Senses’ Tovolea restaurant and beach.

Key points
  • What’s at stake: Andrew Griffiths has failed to overturn the lower court's decision to liquidate his investment vehicle, Satori Holdings. 
  • Background: The receivers of a company that owned the luxury Six Senses Resort in Fiji placed Satori into liquidation for failing to make a number of capital calls. 
  • Key players: Andrew Griffiths, Satori Holdings, Gordon Fell, Sequitur Hotels, FTI Consulting, Six Senses Resort, Island Grace (Fiji) Ltd, Grant Thornton. 

Kiwi businessman Andrew Griffiths has failed in his attempt to prevent the liquidation of his investment vehicle, Satori Holdings.

The Court of Appeal has upheld the lower court’s decision and dismissed Griffiths' appeal to overturn the liquidation proceedings, in a decision released this morning,

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace
NZ Aviation News

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Aviation News - Monthly

NZ$14.95 / monthly

Already have an account? Login
Contact the Writer: nicholas@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Key points
  • What’s at stake: Andrew Griffiths has failed to overturn the lower court's decision to liquidate his investment vehicle, Satori Holdings. 
  • Background: The receivers of a company that owned the luxury Six Senses Resort in Fiji placed Satori into liquidation for failing to make a number of capital calls. 
  • Key players: Andrew Griffiths, Satori Holdings, Gordon Fell, Sequitur Hotels, FTI Consulting, Six Senses Resort, Island Grace (Fiji) Ltd, Grant Thornton. 
Appeal Court backs liquidation of Satori Holdings
Law,
102044