Liquidation
The Week in Detail: Gang towns, Prigozhin, and single-use plastics
The Detail podcast brings you the issues behind the news every weekday. Here's what we covered this week. Audio
Life under the shadow of Ruapehu Alpine Lifts
A government bail-out will keep the skifields open this winter, but businesses have been living with a question mark over Ruapehu's long-term future for months. Audio
Auckland ASB Showgrounds suddenly closes after 160 years
ASB Showgrounds' liquidation is fast becoming very public finger-pointing exercise between two major Auckland trusts.
Checkpoint's Nick Truebridge and Nick Monro have the story. Video, Audio
CBL net liability could be as high as $343m
CBL Insurance's financial shortfalls are possibly as much as $343 million, and liquidators are investigating if claims should be pursued against directors.
An insurer in liquidation and electricity skewing
Business commentator Rod Oram looks at the liquidation of CBL Insurance, a claim by small electricity retailers that the big companies are skewing the market, and Vodafone NZ confirms it will list on… Audio
Jenny Shipley 'trusted' Mainzeal was backed by parent company
Former Prime Minister Dame Jenny Shipley has told a court that major construction company Mainzeal had every reason to trust its parent company to financially back it up, before it collapsed. Audio
Why businesses fail
Why do over two thousand small businesses go into liquidation every year and what is the impact of this on the people involved? Former corporate executive-turned-business advisor Bob Weir has… Audio
Liquidation moves $16m funds distribution closer
Investors are awaiting details on funds they are to receive after the High Court ordered 18 Forestlands companies be put into liquidation.
Nosh staff owed thousands are unlikely to be paid at all
Former Nosh staff are owed thousands after the company went into liquidation. Some of the workers told John Campbell they had to borrow money for food and rent. Video, Audio
Cheap Chinese steel importer goes bust
A company that tried to pioneer a new way of importing cheap steel from China has gone bust. Challenge Steel was boasting just in February it had quickly become 'one of New Zealand's largest importers… Audio
Thames firm in liquidation, 100 staff without jobs
Thames engineering firm A & G Price has gone into liquidation this afternoon with the loss of around 100 jobs. Audio
Licencing of insolvency practioners subject of law review
Creditors of businesses that fail and go into liquidation should receive better protection under suggested law changes being considered by the government. Audio
Tradesmen hail Supreme Court decision on claw-backs
Tradesmen are hailing a Supreme Court decision on liquidators' powers to claw back payments by insolvent companies as a victory for common sense. Audio