Property group’s founders omitted key details about a falling out with their former friend and company CTO so they could gain an order freezing his assets, the court says.
Rising interest costs and falling valuations put pressure on unlisted syndicates.
Feilding factory aims to create 100 jobs and significantly increase home production.
Concerned subcontractors have been told Kristen Holland is no longer working with the property group.
For the second time in as many years, a creditor has applied to the High Court to have Nikki Connors’ Propellor Property Investments wound up.
Brightlight looks across the Tasman to build new investment models.
Auckland Council has begged the Government to let it pause planning hearings that are very likely defunct.
The boutique hotel founded by the late concert pianist Kevin Carlin will continue to trade while receivers seek a buyer.
The country’s largest building industry body wants greater influence over training issues affecting its sector, it says.
Collective of subcontractors is looking at liquidation proceedings, while investors who have sunk as much as $1m into the developer are considering options.