Archive | 2001

U: The names behind the action, week to 25 November 2001

Your new Bob Dey Property Report column

This page contains a mixture of property and other information, company formation, the down side of business, market bits & pieces, probably fairly cryptic and rushed.

The weekly Snapshots tend to contain formal information, while other stories on the website are generally structured. U will contain snippets, less often from formal sources, maybe unstructured and incomplete.

22 November 2001

The attempt by Dempsey & Wood Civil Contractors Ltd to overturn the appoint of a liquidator to Red Hill Homes Ltd continued in the Auckland High Court today, when Justice Judith Potter allowed a two-week adjournment to 6 December so Dempsey & Wood’s counsel, Eugene St John, could get an affidavit from the official assignee.

Red Hill Homes’ shareholders, Stephen & Kim Foley, were bankrupted in August. They claimed to be holding their shares for a trust and handed them over to new trustees on bankruptcy.

Mr St John has challenged the propriety of the trust’s position, but said information had been slow to come from liquidators Meltzer Mason Heath, while the Foleys had sought privilege, stopping the official assignee from responding so far.

For the liquidators, counsel Brett Vautier said there was no evidence to suggest their appointment was other than valid. The liquidation was “somewhat hamstrung” by the continuing challenge, he said.

Liquidation list, 22 November

The application of Allied Concrete Ltd to wind up Dallas Concrete Ltd (David Tharp, Te Atatu South) was adjourned to Thursday 7 February 2002, with settlement of the debt expected.

Soul Train Café Ltd (John James Penny, Pt Chevalier) has applied for a stay on the application of Thomas Rupert & another to have it wound up, to be heard on Monday 4 February at 2.15pm.

Mahia Road Developments Ltd (Andrew James Lamont Turner) has settled its debt to W Stevenson & Sons Ltd and the Stevenson application to have Mr Turner’s company wound up was struck out.

Filtration International Ltd (Kathleen Christopher) has settled its debt to Fletcher Steel Ltd and the Fletcher application to have Filtration International wound up was struck out.

Settlement negotiations are underway between Bella Design (International) Ltd (Neil Whitehouse, Henderson) and Inland Revenue and the IRD’s liquidation application was adjourned to Thursday 20 December at 10am.

The application of BOC Gases NZ Ltd to wind up Cactus Jacks Saloon Ltd (Graeme Rex Brown) was adjourned to Thursday 13 December at 10,45am to allow for advertising.

Giant Contractors Ltd (Lance Ludolph) had the application of Benchmark Building Supplies Ltd to wind it up struck out after Master Faire was told Giant had applied to set aside the statutory demand on which the liquidation application was based, and the dispute had been transferred to the Disputes Tribunal.

Hogan Developments Ltd (Robyn Hogan) settled its debt to Steven & Rosemary Allen and their liquidation application was struck out.

Inland Revenue’s application to liquidate Tokaanu Hotel (1999) Ltd (Anthony & Pamela Plunkett) was adjourned three weeks ago but that didn’t happen — because, the IRD’s courtroom lawyer confessed, the taxman believed “advertising would destroy any hope of the defendant selling the business.”

The department was back in court today seeking — and getting — another adjournment. This time it was “to keep this matter alive”: the company had paid $60,000 of the $65,279 claimed, but the department had found another $88,000 owing.

Said Master Faire: “You can’t have your cake and eat it too. They’ll have to file a formal affidavit of amendment and advertise.”

When told of the reason for not advertising, Master Faire said: “that’s just using the companies court for an improper purpose. If this company is insolvent a liquidation should be ordered. If it’s not insolvent, there are many other ways of collecting money.”

Improper purpose by the taxman or not, Master Faire allowed the adjournment to Thursday 13 December at 10.45am.

Palace Construction Ltd (Philip Howlett) was wound up on the application of Inland Revenue, with Steve Lawrence & Brendon Gibson (Ferrier Hodgson) appointed liquidators. Mr Howlett’s previous company, Global Construction Ltd has been wound up & struck off the register.

0800Sanders Ltd (Daryl Harford) was ordered wound up on the application of Inland Revenue even though it’s already been placed in liquidation and struck off the register, as a search of the companies register would have shown the Crown Solicitor’s office, which acts for the IRD.

The company was struck off on 17 October. The IRD filed its application on 5 October, but only advertised it on 8 November. Gerard Hulst was appointed liquidator, which seems unlikely to be a time-consuming job.

Saltwater Marinas Ltd (Mark Truscott, also a director of the Lyttelton marina companies, which are in receivership, Pacific Marina Holdings Ltd & Truscott Management Ltd) went into voluntary liquidation on 16 November, after Inland Revenue applied to wind it up. The IRD application was struck out.

B&H Plasterers Ltd (Wayne Brown & Denise Hutton-Brown) was wound up on Inland Revenue’s application, with the official assignee appointed liquidator.

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U: The names behind the action, week to 5 August 2001

Your new Bob Dey Property Report column

This is the third appearance of a new page on The Bob Dey Property Report, called simply U.

It will contain a mixture of property and other information, company formation, the down side of business, market bits & pieces, probably fairly cryptic and rushed.

The weekly Snapshots tend to contain formal information, while other stories on the website are generally structured. U will contain snippets, less often from formal sources, maybe unstructured and incomplete.

3 August 2001

Pauanui Lake Resort Ltd (Gary & Angela MacDougall) was placed in the hands of receiver Stephen Tubbs, of BDO Spicer in Christchurch, on 1 August. Mr MacDougall began an ambitious $34 million resort project three years ago — 153 residential sections, mostly round the edge of an 18-hole golfcourse, and a 60-room lodge on a 100ha Duck Creek property that runs along a valley 4km from Hoppers’ Pauanui coastal development. Pauanui Lake Resort arranged finance at the end of May with NZ Commercial Mortgage Nominee Co Ltd and Project Mortgages Ltd, both of Christchurch, and Works Infrastructure Ltd, which had undertaken work on the project.

2 August 2001

Three-times-bankrupt property developer Graeme Raymond’s appeal against a 13-month jail sentence (for contributing to the most recent bankruptcy by gambling and extravagant living) has been set down for a 21 August hearing by the Appeal Court, in the Auckland High Court. Raymond’s been on bail pending appeal, and if his sentence is confirmed he could still apply for home detention.

Paradise Estates Ltd (Dennis Hedley) faces liquidation at the hands of the Inland Revenue in the Auckland High Court, 10am on 16 August. Also in the taxman’s latest batch of liquidation applications are Eastcity Builders Ltd (Brian Paladin, Dannemora), due for an Auckland High Court hearing at 10.45am on 16 August, and Riversdale Lane Ltd (Hamish Buxton).

Infrastructure Auckland will revisit the Britomart mystery bus stop funding issue at 9.30am on Monday, 6 August. The cautious provider of largesse will consider Auckland City Council’s application for funding for the Waitemata Waterfront interchange at its meeting room, level 13, 155 Queen St.

The Auckland Regional Council has been given district court judgment for $1729 against Waimumu Estates Ltd (Nicholas Fisher & William Hawken). Another Hawken company, New Lambton Holdings Ltd, faces liquidation in the Auckland High Court on 30 August.

Atlas Concrete Ltd has district court judgment for $16,000 against Keith Niederer, of St Heliers and of Pelmec Industries Ltd.

New companies:

Among companies recently incorporated, Andi (Robyn Anne) & George Wheeler have formed Andi Wheeler – Spaces Design Studio Ltd in Glanville Tce, Parnell.

The latest property syndication company for Dominion Funds (Money Managers) is Auckland IT Centres Ltd (Richard Lynch, Alastair Hasell & Paul Duffy the shareholders, Money Managers founder Doug Somers-Edgar added as a director). They’ve also formed IBRC Nominees Ltd on the same basis.

Kieran Trass, of Mortgagenet Investments Ltd, brokerage and advisory businesses, has formed Banxrobber Ltd.

Property developer Arthur Morgenstern has formed Boatese Ltd.

Ken Bogue, of

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U: The names behind the action, week to 2 December 2001

The column that ties 2+2 together

This page contains a mixture of property and other information, company formation, the down side of business, market bits & pieces, probably fairly cryptic and rushed.

The weekly Snapshots tend to contain formal information, while other stories on the website are generally structured. U will contain snippets, less often from formal sources, maybe unstructured and incomplete.

1 December 2001

The Control Room Bar Ltd (Lau Yat Fan) was wound up by its shareholders on 26 November and Anthony Harris (Harris Neil & Associates Ltd, St Heliers) appointed liquidator. Mr Harris has given creditors until 21 December to file proofs of debt. The company was based in the Mid City basement at 239 Queen St, the same place Mr Lau began his New Zealand entertainments business a decade ago. His earlier companies, Yifan Entertainments Ltd & Yifan Holdings Ltd, are also in liquidation. Former Savoy Equities Ltd director Jihong Lu told creditors at his High Court public examination in October that Mr Lau was a close family friend who had lent him $1.1 million, but because Mr Lau was a family friend he hadn’t listed him as a creditor in his bankruptcy, effectively saying the debt would be dealt with outside the bankruptcy provisions of the Insolvency Act.

First Christmas card of the season comes from a liquidator… Thanks Bill, Bernie & Steve, though I’m not sure the message is one I want to receive.

Rodney District Council’s innovative approach to economic growth, a series of forums bringing public & private sectors together to focus on options of where & how to go forward, goes to a fourth forum on Tuesday 11 December, with feedback and an indication from the council on action it’s taking to address operational issues. Another outcome of the forum series: there was talk of a farmers’ market, which has resulted in Shirley Clark at Sheepworld, on State Highway 1 north of Warkworth, offering a potential site, but wanting feedback first. Co-operative capitalism.

The application by TG Paterson Contracting Ltd (Terry & Karen Paterson) to wind up The Open Fields Co Ltd (Bob Wickham; the company was formerly Wickham Developments Ltd), advertised today, was adjourned at the end of October for hearing in the Auckland High Court on Monday 21 January at 10.45am (though I suspect it should be set down for Thursday 24 January, the normal day for hearing liquidation applications). It was a single long adjournment to allow settlement or for the creditor to proceed with its application, which was filed way back on 7 June. Harrison Grierson Consultants Ltd also applied in June to wind up Open Fields. Its application has been adjourned to Thursday 7 February at 10am.

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U: The names behind the action, week to 19 August 2001

Your new Bob Dey Property Report column

This new page on The Bob Dey Property Report is called simply U.

It contains a mixture of property and other information, company formation, the down side of business, market bits & pieces, probably fairly cryptic and rushed.

The weekly Snapshots tend to contain formal information, while other stories on the website are generally structured. U will contain snippets, less often from formal sources, maybe unstructured and incomplete.

19 August 2001

Adrian Chisholm, still awaiting judgment in his High Court case against Auckland City Council over the “Sludgegate” case on Waiheke Island, has been appointed to run Kiwi International hotel group owner Ray Schofield’s New Zealand operations. Mr Schofield’s New Zealand chief executive, Ron Lane, has moved up to become chief executive for both Australia & New Zealand, based at the Kooralbin resort inland from Brisbane.

17 August 2001

A bunch of 80s survivor Gerald Williams’ companies were placed in the hands of liquidators John Buchanan & Steve Hotchin this week. Mr Williams’ listed property development company, Mayfair Corp Ltd, and Mayfair Developments Ltd, won agreement for a scheme of arrangement in 1990, but Messrs Buchanan & Hotchin took charge of Mayfair Developments and Mayfair Developments NZ Ltd in September last year. Four more added to the liquidation pile on Wednesday were Mayfair Developments North Shore Ltd, Mayfair Developments Parnell Ltd (which had plans for airspace over a council carpark on Parnell Rd), Mayfair Investments Ltd and Mayfair Investments Christchurch Ltd. Also wound up is Argyle Residential Ltd (where Christopher McGregor-MacDonald of MacRennie Construction Ltd was also a director).

Halifax Finance Ltd (Paul Francis Brownie, Nelson) has applied to wind up the Jaffe Trust Co Ltd (Fay Jaffe), the company which came to the rescue of now-jailed fraudster Eric Isadore Jaffe in 1998, when his deals had unwound and the ASB Bank took his home and three other Ring Terrace apartments overlooking St Marys Bay to mortgagee auction. Mr Jaffe stepped up as the buyer at the Barfoot & Thompson auction, but the trust company was registered in his wife’s name. Mr Jaffe was sentenced in May to four years’ jail. He turns 80 on 28 August.

Laurie Newhook has joined the Environment Court bench in Auckland after 25 years as a partner at Brookfields (and its predecessors). The court also got a new commissioner this month, Heather McConachy, while Andrew de Lisle is heading case management at the Environment Court in Auckland and will shortly have two assistant case managers to serve the Auckland-resident judges. Day-to-day management of Auckland cases will also revert to the court’s Auckland office, instead of having to be passed to Wellington and back again. The court has two courtrooms in Auckland and will add a third. Next up will be an increase in workload for counsel and experts working on resource management cases as they try to appear in three courts at once, followed, presumably, by an increase in the number of counsel and experts — or, maybe, the case managers will be extremely effective, the process will be streamlined and fewer appearances will be needed.

Rod Webber leaves his role as marketing man at Colliers Jardine next week to join the growing forces of HG Livingstone Ltd, leasing retail space. Livingstone’s, of Christchurch, is growing its mall management business, with five under its wing after taking on Pacific Plaza at Whangaparaoa. It has Bayfair in Tauranga, Southmall in Christchurch, Goldfields in Thames and is in Palmerston North.

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U: The names behind the action, week to 26 August 2001

Your new Bob Dey Property Report column

This new page on The Bob Dey Property Report is called simply U.

It contains a mixture of property and other information, company formation, the down side of business, market bits & pieces, probably fairly cryptic and rushed.

The weekly Snapshots tend to contain formal information, while other stories on the website are generally structured. U will contain snippets, less often from formal sources, maybe unstructured and incomplete.

22 August 2001

Former auctioneer Ross Foreman is back in the Bayleys fold, setting up a Mt Eden franchise in partnership with Bryan Richardson, who runs Bayleys’ Newmarket office. Mr Foreman has spent five years running an auctioneering school and is keen to get himself back on the street. He’s thrown down the gauntlet for the competition: “All our research indicates that a high percentage of the properties are sold in this area without any meaningful marketing, and I believe it possible in many cases to get higher prices for these homes.” The new office is a couple of doors outside the Mt Eden village, in a house on the city side of Oaklands Rd at 408 Mt Eden Rd, and officially opens next Tuesday.

21 August 2001

John Vague & Graeme McDonald were appointed liquidators of Bonito Construction Ltd (Campbell Kells) on 16 July. Proofs of debt must be filed with the liquidators by 16 September.

CSR Building Materials NZ Ltd has applied to wind up Core Construction Ltd (Mark Lyndsey & Jean Hunter). The application will be heard in the Auckland High Court at 10.45am on Thursday 30 August.

20 August 2001

Eastcity Builders Ltd (Brian Paladin, Dannemora) was wound up in the Auckland High Court last Wednesday, with Steve Lawrence and Brendon Gibson of Ferrier Hodgson appointed liquidators. Wound up the same day, with Gerard Hulst appointed liquidator, were Paradise Estates Ltd (Dennis Hedley) and Riversdale Lane Ltd (Hamish Buxton). Riversdale Lane was also placed in receivership two days earlier, with Stuart Robertson of Te Atatu North as receiver.

Mays Road Developments Ltd (Rod & Greg Nielsen) was wound up on 16 August and Balmoral Rd accountant Daran Nair appointed liquidator. Proof of debts is required by 14 September.

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U: The names behind the action, week to 30 September 2001

Your new Bob Dey Property Report column

This new page on The Bob Dey Property Report is called simply U.

It contains a mixture of property and other information, company formation, the down side of business, market bits & pieces, probably fairly cryptic and rushed.

The weekly Snapshots tend to contain formal information, while other stories on the website are generally structured. U will contain snippets, less often from formal sources, maybe unstructured and incomplete.

27 September 2001

Jaffe Trust Co Ltd (Fay Jaffe, wife of jailed fraudster Eric Jaffe) was wound up in the Auckland High Court on the application of Halifax Finance Ltd (Paul Brownie, Nelson).

Red Hill Homes Ltd (director now shown as Phoebe Adelaide Foley) was subject of a liquidation dispute in the Auckland High Court today. Dempsey & Wood Civil Contractors Ltd sought to have the company wound up, but counsel for the company, Brett Vautier, told Master Venning that Arron Heath of Meltzer Mason Heath was appointed liquidator by the shareholders on Monday 24 September. After dismissing the Dempsey & Wood application, Master Venning allowed it to be recalled, found issues needing further consideration and adjourned the hearing to Thursday 1 November at 10am. Story: Red Hill Homes liquidation under scrutiny

Harrison Grierson Consultants Ltd agreed to a final adjournment in the Auckland High Court today to its application to wind up The Open Fields Co Ltd (Bob Wickham). The application, filed on 20 June, had not been advertised. The adjournment, to 10am on Thursday 1 November, is to allow the bulk of settlement funds to be paid over the next three weeks.

Lawyer Bob Warburton was happy to allow his application to wind up Australasian Properties NZ Ltd (Richard Dante Mitri) to be struck out in the Auckland High Court today, saying part payment had been made. Another of Mr Mitri’s companies, Australasian Properties & Finance Ltd, has its registered office at Mr Warburton’s law firm.

26 September 2001

Cullen Investments Ltd (Eric Watson) is doing due diligence on restructuring its own portfolio with that of Axis Property Group Ltd (Greg Wilkinson), but Mr Wilkinson said he was not about to leave the business. He said today he was looking at handling Cullen’s development plus doing his own thing, leaving management of a total $150 million portfolio to others. He’d found he’d become more a manager of people than of property. Phil Newland, at Cullen, said there was no time limit on the due diligence, while Mr Wilkinson said: “I haven’t really done a deal yet, it’s just an idea.” His latest project for Axis is a 7-8 tenancy convenience retail project on the former Liquorland site up from Farmers (and H47) on Albert St, bought from the Herbert family.

Three-times bankrupt developer Graeme Raymond, who turned 39 this month, remains out of jail a while longer as three Appeal Court judges (Gault, Salmon & Keith) ponder his appeal against conviction & sentence. One appeal the Crown hasn’t made, but which the judges thought they could still deal with, was the issue of home detention. Mr Raymond’s lawyer, David Jones, said his latest three-year bankruptcy period expired on 26 August, but Mr Raymond had agreed with the Official Assignee not to be involved in management of a company for five years.

25 September 2001

Gateway Homes Ltd, which changed its name to McSmith Builders Ltd (David Smith & Duncan McLay), has gone into voluntary liquidation under the new name and sold its assets to a new Gateway Homes Ltd (Philip Curson) incorporated in June. The liquidator of the old company is Howick accountant Nigel Wallace.

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U: The names behind the action, week to 2 September 2001

Your new Bob Dey Property Report column

This new page on The Bob Dey Property Report is called simply U.

It contains a mixture of property and other information, company formation, the down side of business, market bits & pieces, probably fairly cryptic and rushed.

The weekly Snapshots tend to contain formal information, while other stories on the website are generally structured. U will contain snippets, less often from formal sources, maybe unstructured and incomplete.

30 August 2001

Dempsey & Wood Civil Contractors Ltd has applied to wind up Red Hill Homes Ltd (Phoebe Adelaide Foley). The application, lodged on 11 May, will be heard in the Auckland High Court on Thursday 27 September at 10am.

29 August 2001

Confusion at the High Court, courtesy of the court’s inability to order its affairs in a remotely adequate manner: Former Savoy Equities/Britomart director Jihong Lu was summoned to appear for public examination at the courthouse at 11.45am today, as a bankrupt whose affairs the official assignee felt should be examined. The court failed to list this hearing on any of its court lists tacked to noticeboards around the building — except, eventually, a handwritten addition to one of these notices. In the bankruptcy court run by Master Tomas Kennedy-Grant, Mr Lu’s public examination was first up on the 11.45am miscellaneous list but wasn’t called. Mr Lu’s lawyer for the event, Michael Whale, sat and wondered. Eventually Master Kennedy-Grant apologised for not calling the matter and announcing that it had shifted to the duty judge’s court because, the master said, he didn’t have jurisdiction. Justice David Morris had deferred the matter to 12.30pm and had a few onlookers waiting around for the event. Mr Lu had been ready to appear, but counsel had agreed on an adjournment to 3 October at 10am. The hearing’s set down for a day.

Home Improvements Tauranga Ltd (in receivership) has applied to wind up Tauranga Developments Ltd, formerly Quayside Developments Ltd (Nigel Williams). The application will be heard in the Auckland High Court on Thursday 6 September at 10.45am. Other Williams companies are Bean Rock Developments Ltd, 2000 Ltd (previously Quayside Developments 2000 Ltd), and apartments companies Bean Rock, Paramount and Killarney St Apartments Ltd.

Fletcher Concrete & Infrastructure Ltd (Firth) has applied to wind up Parnell Developments Ltd (Andrew James Lamont Turner). The application will be heard in the Auckland High Court on Thursday 13 September at 10am

28 August 2001

Ports of Auckland apparently has another 17ha of Waitemata waterfront land to go on the market, this time including Wynyard wharf and the tank farm. The first 18ha nearer the central business district was bought for $75 million in 1996 by the Tramco boys, formalised as Viaduct Harbour Holdings Ltd.

Richard Kroon doesn’t give up easily. One of the team to develop Chancery, the city retail/office project on the old NZI site back of Freyberg Square (which is now fully leased), Mr Kroon was back in the Environment Court today with a four-storey application for his Anzani Investments site at 87-109 Clyde Rd, behind the beachfront reserve in Browns Bay. Previous five-storey proposals, including apartments and parking space above shops on the ground floor, have run an inordinately complicated consent path, and the compromise four-floor proposal still has numerous locals (and the North Shore City Council) up in opposition.

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U: The names behind the action, week to 9 December 2001

Your new Bob Dey Property Report column

This page contains a mixture of property and other information, company formation, the down side of business, market bits & pieces, probably fairly cryptic and rushed.

The weekly Snapshots tend to contain formal information, while other stories on the website are generally structured. U will contain snippets, less often from formal sources, maybe unstructured and incomplete.

6 December 2001

The Securities Commission issued a warning a fortnight ago about contributory mortgage schemes — blanket enough to cover the whole industry, with an escape paragraph at the foot of the first page of its release saying that, of course, “undoubtedly some contributory mortgage schemes are well managed & appropriate investments.” Commission chairman Jane Diplock said the commission had asked the Registrar of Companies to investigate several brokers. Today she found one to close down: The commission ordered NZ Commercial Mortgage Brokers Ltd, of Christchurch, to cease acting as contributory mortgage brokers, banned it from offering mortgages to the public for five years and removed directors Bryn Vincent Evans & Jefferson John McIntyre. Christchurch accountants David Crichton & Keiran Horne have been appointed brokers for the existing mortgages. Ms Diplock said the company failed to keep proper accounts, failed to file an annual report with the Companies Office, and failed to tell investors about a significant change in the terms of a mortgage. The directors formed Boston Pacific Capital Ltd on 8 October, Mr Evans formed the Nexus group of companies with Angus Winstone in 199 and formed Llyr Holdings Ltd with Mr Winstone in July.

3 December 2001

Cactus Jacks Saloon Ltd (Graeme Rex Brown, trading as Brownies Bar) has been wound up by the shareholders, with Judith Fatupaito & David Davidson (PricewaterhouseCoopers) appointed liquidators on 27 November. The company faced court-ordered liquidation, which was delayed from 22 November to a 13 December hearing only because it hadn’t been advertised.

Birkenhead Glass Ltd (Sean Friary) was wound up on 29 November on the application of Inland Revenue. The liquidator, Gerard Hulst, has set 29 January as the date for filing of proofs of debt.

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U: The names behind the action, week to 9 September 2001

Your new Bob Dey Property Report column

This new page on The Bob Dey Property Report is called simply U.

It contains a mixture of property and other information, company formation, the down side of business, market bits & pieces, probably fairly cryptic and rushed.

The weekly Snapshots tend to contain formal information, while other stories on the website are generally structured. U will contain snippets, less often from formal sources, maybe unstructured and incomplete.

3 September 2001

Among the names to pop up as election candidates in October, one Alan Ross Meurant is standing for the Central Waikato seat on Environment Waikato.

In Auckland City, David Hay is standing again for the Avondale-Roskill ward. Cllr Hay was deputy mayor under Les Mills and was tarred with the Britomart extravaganza brush at the last election but survived the heavy vote against Britomart supporters. He’s been a lone voice over the past three years, questioning the replacement project, and has won a few pats on the head from fellow councillors as an antique who wouldn’t be put down. His demand has been simple: a cost/benefit analysis, please. As other councillors were laying into developers fairly freely during the discussion on developer levies at a special council meeting last week, Cllr Hay remarked that “the comment that the developer is going to pay is just crazy.” The tone of the discussion had been one of “Fleece the developer because he’s wealthy, doesn’t have the city’s interests at heart and we don’t like him.” Said Cllr Hay (of the Keith Hay Homes family): “Developers don’t have a big bucket of dough.” He figured levies ultimately came from the raw land value or property buyers.

In the Hobson ward, sometime mayoral aspirant Victoria Carter has four current community board members as fellow candidates (William Cairns of mortgage firm Cairns Lockie, Julie Chambers, chairman Judith Dickens, and Stephen Goodman), Heart of the City director Alex Swney and — the only candidate without a tag — Brent Clode. Mr Clode is one of the busiest medium-density developers in Auckland. Absent from the candidate list are Dame Barbara Goodman and anti-Britomart campaigner Jon Olsen.

The retirement of Dame Barbara Goodman and Frank Ryan creates (at least) two vacancies to be filled on the planning fixtures sub-committee, which allots commissioners to hear notified consent applications and deals with issues of time and notification. Committee chairman Juliet Yates and the fourth committee member, Kay McKelvie, are standing for re-election. The committee’s previous chairman Gordon Johns, was ousted last election but is standing for the Eden-Albert community board this time. Architect Colin Leuschke and developer Greg Liggins are standing for the Hobson community board.

In Manukau City, hearings committee chairman Norma Lewis, suffering from ill health for some time, has not stood for re-election.

In Papakura, Cllr Allan Bell has withdrawn from the council race to stand for the Auckland Regional Council’s Franklin-Papakura seat. He’s also represented Papakura on the Regional Growth Forum.

In North Shore City, Cllr Joel Cayford — a conservationist who is always looking for a more sensible and less damaging way of doing things — is standing for the mayoralty and the Central ward. Six sitting councillors are standing again for both the council and their community boards. Other community board candidates include Browns Bay real estate agent John van Lierop for the East Coast Bays board and planner David Thornton for Glenfield, and for a Harbour ward council seat.

Core Construction Ltd (Mark Lyndsey & Jean Hunter) was wound up in the Auckland High Court on 30 August on the application of CSR Building Materials NZ Ltd. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators.

St Ayr Group Ltd (Vincent Papesch) was wound up in the Auckland High Court on 30 August. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators. Mr Papesch was also a director of Blake St Developments Ltd, also in liquidation.

Hamilton insolvency practitioners Dennis Parsons & Katherine Kenealy were appointed liquidators of Quality Construction Building Services Ltd (Geoffrey Dennis) on 30 August.

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U: The names behind the action, week to 16 December 2001

Your new Bob Dey Property Report column

This page contains a mixture of property and other information, company formation, the down side of business, market bits & pieces, probably fairly cryptic and rushed.

The weekly Snapshots tend to contain formal information, while other stories on the website are generally structured. U will contain snippets, less often from formal sources, maybe unstructured and incomplete.

13 December 2001

Grant Unsworth quit NZ Guardian Trust Funds Management after four years as property investment manager at the beginning of November to form his own company, Unsworth Properties Ltd, will still have one GT-related role for a while but has big plans to take on an advisory role in acquisitions & disposals for new clients next year. With experience at AMP before going overseas and four years at Schroeder Properties in London before his time at Guardian Trust, Mr Unsworth is looking at new entrants to the Auckland region and at institutions. “I’ve also always been interested in setting up another property fund, a unit trust. I do think there’s potential for that,” he said.

Lawyer Eugene St John has abandoned his attempt on behalf of Dempsey & Wood Civil Contractors Ltd to overturn the appointment of partners at Meltzer Mason Heath as liquidators of Red Hill Homes Ltd on the resolution of shareholders. Mr St John had been seeking a court-ordered appointment instead.

High Court liquidation list, Thursday 13 December 2001

Application by Phil Waterhouse Ltd (Carol Waterhouse) to wind up Mainsflow Properties Ltd (Mark Wall) was adjourned to 10am on Thursday 20 December to allow a liquidator’s consent to be filed, and then to proceed to liquidation.

Centra Forklifts Ltd (Allan Wadams & Robert Boniface) had its application to liquidate Karaka Cable & Drainage Ltd (Ian & Christine Phillips) adjourned to 10am on Thursday 20 December, but only after Master Faire was told Mr Phillips was in hospital. The court master said parties couldn’t ignore statutory demands then expect a series of adjournments in court while they sorted matters out. He was told the debt had been due since February, the statutory demand was served in July, and the applicant had offered to have the money paid to an independent lawyer if it was disputed.

Spencer Rd Developments Ltd (Douglas Hoskins & Albertus Voskuilen, Birkdale) settled with CSR Building Materials NZ Ltd to avoid liquidation on 1 November, but faced a new application filed by LD Carr on 25 October. That application was withdrawn today.

Proam Tables & Accessories Ltd (Alan Robertson, Henderson, who also formed Proam Holdings Ltd in February) was wound up on the application of Westpac Bank. John Cregten & Steve Tietjens were appointed liquidators.

Ultimate Motors Ltd (Graeme Martin & Gregory Main) was wound up on the application of Sylvia Park Business Centre Ltd (Kiwi Income Property Trust), with the Official Assignee appointed liquidator.

New Lynn Ltd (Symon Peters of the City Wise group) was wound up on the application of City Sales Ltd (Martin Dunn). Judith Fatupaito & Richard Agnew (PricewaterhouseCoopers) were appointed liquidators.

Inland Revenue had Australasian Distributors Ltd (Catherine Panettiere & Craig Mudgway) ordered into liquidation, with Steve Lawrence & Brendon Gibson (Ferrier Hodgson) appointed liquidators. The Companies Office online register shows the company was struck off the register on 22 September.

Inland Revenue had Jeff Andrews Decorators Ltd (Jeff Andrews, Glenfield) wound up, with the Official Assignee appointed liquidator.

Inland Revenue withdrew its application to wind up MF & DA Coombes Rest Home Ltd (Mervyn Coombes, also a director of Eden Holdings Ltd, Eden Electroplaters Ltd & Agencies 2001 Ltd) after the demand was settled. Lawyer Chris La Hatte said a number of other companies with similar ownership would appear on the liquidation list next week, but had also settled. The total tax bill was about $200,000.

The application of Colin Mackenzie Plastering Ltd (Colin & Andrea Mackenzie, Milford) to wind up Hartner Trustee Ltd (Wayne & Gaile Hartner, of the collapsed Hartner construction group) was adjourned to 10.45am on Thursday 7 March 2002 to comfirm a two-day court fixture. The application was filed in court on 27 June.

Calypso Electra Industries Ltd (Bruce Fowler & Stephen Cotter) was wound up on the application of Calypso Sheetmetals Ltd (Ken & Linda King), with Steve Lawrence & Brendon Gibson (Ferrier Hodgson) appointed liquidators.

Neville D Rope Builders Ltd (Neville & Teresa Rope) was placed in liquidation on Monday by its shareholders, who appointed Jeff Meltzer & Karen Mason (Meltzer Mason Heath) as liquidators. The company faced a winding-up application in court today, which was struck out. Mr Rope is also director of Orakei Holdings Ltd.

Inland Revenue’s application to liquidate Tokaanu Hotel (1999) Ltd (Anthony & Pamela Plunkett) was filed in September but not advertised, because the taxman believed “advertising would destroy any hope of the defendant selling the business,” the department’s courtroom lawyer said in November. Despite criticism from Master Faire for improper use of the companies court, another adjournment was given until today. This time, the application to liquidate was withdrawn.

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