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Liquidators of failed developer go after shareholding entity

The director of both companies, Cheng Tih Lee, has been referred to MBIE by Gerry Rea Partners.

Delorme SE24 Ltd's development on Auckland's North Shore was subject to a mortgagee sale.

Corporate undertakers have placed the main shareholding entity behind a failed property developer in Auckland into liquidation, after concerns its assets would be “dissipated”.

Delorme SE24 Limited, which was incorporated to subdivide and build townhouses in Glenfield, was placed into

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Liquidators of failed developer go after shareholding entity
Property,
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