Archive | 2002

U: The names behind the action, week to 21 July 2002

Names, connections, 2+2

This list runs back into last week — I was at the Property Council conference in Christchurch and didn’t quite complete last week’s Auckland work as soon as intended.

The 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.

21 July 2002

FRP Orchards Ltd (Stephen Norrie & Peter Evans at the Fay Richwhite Partners office on level 27 of the 151 Queen St Building) went into voluntary liquidation on 15 July, appointing Olo Brown as liquidator. Creditors must file claims by Thursday 15 August.

Takiron Property Developments Ltd (Essam Elkhishin, also director of Prime Life Ltd, Pacific Ridge Lifestyle Resort Ltd, Sky Properties Ltd, Golden Resorts International Ltd (in receivership), Sails Café & Bar Ltd, Everworth Construction Ltd, Arlow Holdings Ltd and 3 other Takiron companies) was wound up on 8 July with the Official Assignee appointed liquidator.

18 July 2002

Inland Revenue applied on 24 May to wind up Wincott Holdings Ltd (Lynn Turner, of the Sleepyhead Bedding Co family). The application will be heard in the Auckland High Court on Thursday 1 August at 10.45am.

Fletcher Steel Ltd applied on 24 June to wind up Henderson Installations Ltd (James Henderson, Mangere Bridge). The application will be heard in the Auckland High Court on Thursday 1 August at 10.45am. MJN McNaughton Ltd’s application is set down for hearing a week later (see separate item below).

Inland Revenue applied on 11 June to wind up J&P Painting & Decorating Ltd (Joanne & Peter Scholes; Mr Scholes is also director of Premier Decorating Services Ltd). The application will be heard in the Auckland High Court on Thursday 1 August at 10am.

Redeal Ltd applied on 18 June to wind up A1 Electrical Enterprises Ltd (Tony Mitchell) . The application will be heard in the Auckland High Court on Thursday 1 August at 10am.

Arthur Barnett Ltd applied on 21 June to wind up DFL Ltd (David Gray Nathan, director of numerous companies, including Retail Apparel Group Ltd and Dress For Less Ltd, which is in liquidation). The appplication will be heard in the Auckland High Court on Thursday 1 August at 10.45am.

Steelpipe NZ Ltd (McConnell Group) applied on 4 June to wind up Flowmotion Pipeline Solutions Ltd (Matson Broederlow). The application will be heard in the Auckland High Court on Thursday 1 August at 10am. Receivers were appointed to Flowmotion on 2 July (see separate entry near bottom of this page).

Inland Revenue applied on 7 June to wind up Ibiza & Isobar Restaurants Ltd (Warren & Anne Turley). The application will be heard in the Auckland High Court on Thursday 1 August at 10am. The company is in receivership. Mr Turley is also director of Hemmingway’s Bar Ltd.

Inland Revenue applied on 11 June to wind up Concrete Contractors Auckland Ltd (Raymond Charman). The application will be heard in the Auckland High Court on Thursday 1 August at 10am.

Display Cabinets Ltd (Grant Hayward & Michael Leggett) went into voluntary liquidation on 15 July, appointing John Leonard & Paul Sargison (Gerry Rea Associates) as liquidators. Creditors must file claims by Thursday 15 August.

16 July 2002

MJN McNaughton Ltd applied on 27 June to wind up Henderson Installations Ltd (James Henderson, Mangere Bridge, also director of Hammer Properties Ltd). The application will be heard in the Auckland High Court on Thursday 8 August at 10.45am.

Benchmark Supplies Ltd applied on 21 June to wind up AM Homes Ltd (Anthony Pirini, Papakura, company incorporated in January). The application will be heard in the Auckland High Court on Thursday 1 August at 10.45am.

Accident Compensation Corp applied on 20 June to wind up Zenith Scaffolding Ltd (Graeme Nimmo, also director of Pyramid Paving Ltd, & Wayne Nimmo, also director of D&W Scaffolding Ltd). The application will be heard in the Auckland High Court on Thursday 1 August at 10.45am.

Anthony McCullagh was appointed receiver/manager of Precision Hearing Ltd (James Raea) on 12 July under a December 2000 debenture in favour of Commercial Factors Ltd, assigned on 11 July to Phonak NZ Ltd. Mr Raea made an unsuccessful last-ditch attempt on 4 July to prevent the liquidation of another of his companies, CFD Holdings Ltd, on the basis that the creditor, Inland Revenue, would get the PAYE & gst owed once a Hobsonville subdivision began. Master Gambrill wasn’t impressed by this pay if/when paid scenario and wound the company up, appointing Brendon Gibson & Steve Lawrence (Ferrier Hodgson) as liquidators.

John Vague & Graeme McDonald (McDonald Vague & Partners) were appointed liquidators of Concept Fabrication Ltd (Kevin Steyn, also director of Concept Steelworks Ltd, both companies incorporated in 2001) on 11 July.

Gerard Hulst (Gerard Hulst & Associates) was appointed liquidator of Peninsula Property Developments Ltd (Denis Woolnough, also Crest Developments Ltd and DD Trustees Ltd) on 11 July. Creditors should file claims with Mr Hulst by Wednesday 11 September. The liquidator’s first report will be available in 4 weeks on www.hulst.co.nz.

Executive Office Suites Ltd (Alexander Watt Chan) went into voluntary liquidation on 11 July, appointing insolvency practitioner John Price & accountant Christopher Horton (Horton Price Ltd) as liquidators. Creditors must file claims by Thursday 5 September.

John Waller & Vivian Fatupaito (PricewaterhouseCoopers) were appointed liquidators of Iguacu Ltd (part of Wilson Neill Corp Ltd, also in liquidation; Iguacu is also in receivership) on 11 July. Creditors must file claims by 12 October.

Vivian Fatupaito & Richard Agnew (PricewaterhouseCoopers) were appointed liquidators of The Kiwi Connection Restaurant & Bar Ltd (Johannes van Duyn senior & junior, Kumeu) on 11 July. Creditors must file claims by 11 October. Mr van Duyn Sr is a director of Eurovision House Movers Ltd and Horatio Klootzak Ltd, both in liquidation, and Mr van Duyn Jr is a director of Eurovision Building Removals Ltd.

2 of Mariano Fernandez’s companies, Club Havana Ltd and Advance International Wine & Liquor Merchants Ltd, were placed in receivership on 8 July, with Keith Palmer & Alison Sarginson (Wellington & Auckland offices of McCallum Petterson) appointed receivers/managers. Mr Fernandez has a third company, Advance International Marketing NZ Ltd, not in receivership.

Inland Revenue applied on 28 May to wind up R Roberts Roofing Ltd (Raymond Roberts; the company was struck off the Companies Register in August 2000). The application will be heard in the Auckland High Court on Thursday 25 July at 10am.

Inland Revenue applied on 19 June to wind up Counties Contractors Ltd (Lloyd Kiel, also Raglan Hire Centre Ltd, incorporated in January). The application will be heard in the Auckland High Court on Thursday 25 July at 10.45am.

TWMP Ltd (Andrew Want, also director of Travelex Financial Services NZ Ltd) went into voluntary liquidation on 8 July, appointing Graeme McDonald & John Vague (McDonald Vague & Partners) as liquidators. Creditors must file claims by Friday 2 August. Travelex Worldwide Money Ltd (Lloyd Dorfman & Clive Kahn) continues in business. Mr Dorfman resigned as a director of Travelex Financial Services NZ Ltd.

Lonestar Builders & Contractors Ltd (Peter & Paula Lowe) went into voluntary liquidation on 10 July, appointing Paul Sargison & John Leonard (Gerry Rae Associates) as liquidators. Creditors must file claims by Monday 12 August.

Inland Revenue applied on 15 April to wind up Care Scaffolding Ltd (Michael Care, also Care Contractors Ltd, already in liquidation). The application will be heard in the Auckland High Court on Thursday 25 July at 10.45am.

Scaffolding & Formwork NZ Ltd (Stuart Cook & Dudley Hoskin, Kahikitea Drive, Hamilton) applied on 21 June to wind up Terraces On Main Ltd (Brent Clode). The application will be heard in the Auckland High Court on Thursday 8 August at 10am. Mr Clode’s most notable development is at 1 Parliament St, across the street from the High Court, where a workman was killed in January when the basement surrounds gave way after pre-Christmas excavation. The contributory mortgage on that development was subsequently refinanced, Doug Somers-Edgar’s Money Managers Ltd was banned from offering interests in contributory mortgages for a year after the Securities

Inland Revenue applied on 21 May to wind up NZ Debt Repay Ltd (Richard Essex). The application will be heard in the Auckland High Court on Thursday 25 July at 10am. The company is in receivership. TSB Bank Ltd issued a Property Law Act notice against Mr Essex in May for $360,632.49 owed on a mortgage, plus rates arrears on 3 properties at 88 Hillside Cres, Mt Wellington, and 4 Finlayson Ave & 39 Burundi Ave, Manurewa.

Inland Revenue applied on 13 June to wind up Jomandi Aluminium Ltd (struck off the Companies Register on 31 March 2001; director John Mandingiado). The application will be heard in the Auckland High Court on Thursday 25 July at 10.45am.

Inland Revenue applied on 21 May to wind up SE Adal Construction Ltd (Kai Surasinepo, Ellerslie). The application will be heard in the Auckland High Court on Thursday 25 July at 10am.

Inland Revenue applied on 21 May to wind up B&H Construction Ltd (Graham Bishop & Murray Hickson; Mr Hickson is also a director of Lanson Construction Ltd, which he formed last October with Christopher Lane).

Inland Revenue applied on 29 May to wind up V Contracting Ltd (as sole trustee of the V Contracting Trading Trust; director is Sam Va’afusu, Manurewa). The application will be heard in the Auckland High Court on Thursday 25 July.

The receivers of SalusHealth Ltd (Malcolm Innes-Jones & Steve Cammish of BDO Spicers, appointed on 11 June) will close the tender for the company’s assets on Friday 26 July. SalusHealth (Eleanor McMurtrie & Gerald Lewis) was a tenant in the new Quay Park Health building on Beach Rd, with a purpose-designed office fitout & furniture, a gym, and cardiology & radiology equipment.

Inland Revenue applied on 4 June to wind up Botany Developments Ltd (Robin Eade & Noel Rogers, also Botany Properties Ltd and Focus Real Estate Management Ltd; Mr Rogers is also director of Taniwha Fairway Trustco Ltd, which he & Judith Rogers formed on 8 July). The IRD application will be heard in the Auckland High Court on Thursday 25 July at 10am.

Fletcher Building Products Ltd (trading as Fletcher Aluminium) applied on 19 June to wind up Nonferral NZ Ltd (Royce Ritchie). The application will be heard in the Auckland High Court on Thursday 8 August at 10am.

W Stevenson & Sons Ltd applied on 19 June to wind up Axis Construction Ltd (Andrew Graham Harris). The application will be heard in the Auckland High Court on Thursday 8 August at 10am.

Blackmore Insurance Brokers Ltd (Peter Blackmore, Milford) went into voluntary liquidation on 8 July, appointing Marvin Cathey as liquidator. Creditors must file claims by Thursday 8 August.

Alison Sarginson & Mark Heslop (McCallum Petterson) were appointed receivers of Flowmotion Pipeline Solutions Ltd (Matson Broederlow, also director of Network Construction/Leasing Ltd, Trenchless Technology NZ Ltd, and previously of Transaction Logic Corp Ltd) on 2 July.

Kawailani Holdings Ltd appointed Hamilton accountant Kim Thompson as receiver of Steel Solutions Ltd (formed in March 2001, directors Wayne Holmes & Derek Hall, Rotorua) on 3 July. Mr Hall is also director of Steel Logistics Ltd. Mr Holmes is a director of Kawailani, Ashworth Ventures Ltd, W&M Holmes Holdings Ltd and WMH Fishing Ltd.

Duncan Floor Co Ltd has joined the pursuit of property developer Mark Lyon, applying to bankrupt him unless he pays a district court judgment debt of $7884.49. The Bank of New Zealand has issued proceedings against Mr Lyon relating to his role as guarantor of Trophy Properties Ltd, referring to a guarantee dated 1 December 2002

Couldrey Properties Ltd (Stephen Smythe, also a director of Raemeal Holdings, Ltd, Sweet Holdings Ltd, Sweet Developments Ltd & Scotia Properties Ltd) was wound up on 23 May after a courtroom dispute with Bracewell Construction Ltd (Barry Bracewell) over remedial work at Couldrey’s sole asset, an apartment, followed by arbitration. Liquidator Anthony McCullagh (Horwath Corporate (Auckland) Ltd) requires creditors to file claims by Friday 30 August.

Harts Contributory Mortgages Nominee Co Ltd has filed a bankruptcy notice against Ethnik Krasniqi (director of Pacific Property Group Ltd, Maungaturoto, Vania Holdings Ltd, Te Kuiti/Wanganui Corporate Trustees Ltd, and 2 companies in liquidation, Blackstone Holdings Ltd and Agio Trustees Co Ltd) over a claim for $719,570.41.

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U: The names behind the action, week to 12 August 2001

Your new Bob Dey Property Report column

The Bob Dey Property Report new page about town, called simply U, is in its third week.

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.

12 August 2001

Former Savoy Equities Ltd managing director Jihong Lu will face public examination by the official assignee in the Auckland High Court on Wednesday 29 August at 11.45am. Mr Lu was adjudicated bankrupt on 8 November 2000 after losing a court case involving a transaction with Malaysian investors.

10 August 2001

Mike Geale made a quick trip back from Sydney to oversee the official opening of AMP Henderson Global Investors’ Botany town centre, a project unusual for his appointment as a non-AMP man brought in to put together a potentially difficult development. Mr Geale’s Sydney base is a halfway house to everywhere — he moved there a week ago to manage two retail redevelopment projects for AMP, one the Kotara shopping centre in Newcastle and the other the Colonnades in Adelaide, over the next two years, but also has family back here.

8 August 2001

Benchmark Building Supplies Ltd has applied to wind up Discovery Developments Ltd (Melvyn & Judith Lee, Orewa). The application will be heard in the Auckland High Court on 6 September at 10am.

Another Viaduct Basin restaurant to slip into the drink: Café Français Viaduct Harbour Ltd (Ko Yuk Ching & Caroline Dang) faces liquidation in the Auckland High Court on 16 August at 10.45am at the hands of shareholder Shen Rong Ding.

I mentioned a couple of weeks ago that John McPherson, of the Ministry of Economic Development, intended to seek the liquidation of Hartner Group Ltd, joining Hartner Construction Ltd, which went into liquidation in March. The High Court ordered Hartner Group’s liquidation on 26 July.

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U: The names behind the action, week to 19 May 2002

Names, connections, 2+2

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.

17 May 2002

[Note: A site search of the items listed on this day directed you to this page, but the items didn’t appear, so they’ve been reinstated a week later.]

Camglen Holdings Ltd (Cammie & Glen McKinley) went into voluntary liquidation on 13 May, appointing Steve Lawrence & Brendon Gibson (Ferrier Hodgson & Co) as liquidators. Both McKinleys were also previously directors of Trijun Holdings Ltd (director now Tracy Roberts, who’s also director of Furniture Holdings Ltd, wound up on 9 May – see below).

TSB Bank Ltd has issued a Property Law Act notice against Richard Essex (director NZ Debt Repay Ltd, which is in receivership) for $360,632.49 owed on a mortgage, plus rates arrears on 3 properties at 88 Hillside Cres, Mt Wellington, and 4 Finlayson Ave & 39 Burundi Ave, Manurewa.

16 May 2002

W Stevenson & Sons Ltd’s application to wind up Earthmoving Consultants Ltd (Brent Thompson) was adjourned in the Auckland High Court to Thursday 13 June at 10am for settlement.

Formwork Construction Ltd (David & Rochelle Lilley) was wound up on the application of Rapid Developments NZ Ltd, with Bruce McCallum appointed liquidator.

Village Interiors (Heather Stuck) survived the application of Finewood Upholstery Ltd to wind it up in February, and has begun a rapid payments programme to defeat the application of Toucan Trading NZ Ltd to have it liquidated. Toucan’s application was adjourned to Thursday 8 August at 10am for settlement & advertising.

An application by Henry Findlay Davis & others to wind up Brocker Technology NZ Ltd (Michael Ridgway, director of numerous other companies including several other Brocker companies, among them Brocker Properties NZ Ltd, and a former director of numerous companies including Taradale Property Group Ltd, Yes Group Ltd & Watertours NZ Ltd) was struck out in the Auckland High Court today after settlement. Telecom NZ Ltd’s application to wind up another of Mr Ridgway’s companies, Brocker Online Services Ltd, is due back in court next Thursday, 23 May.

Inland Revenue’s application to wind up Verley Holdings Ltd (Maurice Blackwell, also a director of Wairau Stone NZ Ltd, Wairau Stone 2002 Ltd and numerous other companies) was adjourned to Thursday 13 June at 11.45am for affidavits to be filed & a fixture to be set.

Network Security Ltd (Robert Matapo, Mt Roskill, also director of KMH Holdings Ltd and a former director of Network Security Group Ltd) was wound up on Inland Revenue’s application, with Richard Agnew & Vivian Fatupaito (PricewaterhouseCoopers) appointed liquidators.

The application of Right Point Investments Ltd (in liquidation; Liu Fen Ching of Taiwan & local businessman Roy Mottram are listed as directors) to wind up Tasman Merchant Ventures Ltd (Mr Mottram) was adjourned to Thursday 8 August at 10am for settlement. Right Point was the company through which Mr Mottram & Asian investors planned a $250 million mall, entertainment & hotel complex next to New Zealand Bloodstock’s Karaka sales centre.

www.kitsethome.com Ltd (Richard Hadlow) reached agreement yesterday to settle its debt to Geoff Harriman Ltd, and the Harriman application to wind up the dot.com company was adjourned to Thursday 8 August at 10am for settlement to be implemented.

Apartment developer Soyuz Investments Ltd (owned by Artemis doctors Chris Heron & Paul Hutchinson) settled with Inland Revenue, which had substituted in March on James Hardie NZ Ltd’s application to wind Soyuz up. The application was struck out.

Alfonso Liguori company 360 Church Street Ltd went into voluntary liquidation on Wednesday, ahead of an application by North Shore City Council for court-ordered liquidation, which was set down for the Auckland High Court today. John Buchanan (JR Buchanan & Associates Ltd) was appointed liquidator. The same performance, of a voluntary liquidation the day before a court liquidation, occurred in April with Mr Liguori’s Central Trading Services Ltd. Mr Buchanan is also liquidator of that company. Other Liguori companies include George Court & Sons Ltd, Gilmer Properties Ltd, Mega-Store Holdings Ltd, Quadrant Technology Ltd, Cardex Systems Ltd & Onyx Construction Ltd. Mr Liguori was bankrupted in 1991 after fighting it off for 3 years. At that time his debts, including mounting interest, totalled $26 million.

Northcote Holdings Ltd, Timaru, applied on 3 May to wind up Valentines Properties Ltd (name changed to Southern Holdings Ltd (Kevin Gillespie & Geoffrey McRae). The application will be heard in the Auckland High Court on Thursday 13 June at 10am.

Skyline Securities Ltd (Paul Lloyd-Jones, also director of Skyline Building Services Ltd) was wound up in the Wellington High Court on 8 April. Liquidators are Steve Lawrence & Brendon Gibson (Ferrier Hodgson).

15 May 2002

Furniture Holdings Ltd (Tracy Roberts, also director of 2 newer companies, Trijun Holdings Ltd & Absolute Furniture Ltd) was wound up on Thursday 9 May, with Karen Mason & Mike Lamacraft (Meltzer Mason Heath) appointed liquidators. Creditors must file proofs of debt by Tuesday 11 June.

Champion Corp Ltd (Chen Kuang-Cheng & Chu Mei-Nu, St Johns) went into voluntary liquidation on 10 May, appointing Laurie Chilcott & Peter Chatfield (Smith Chilcott Bertelsen Harry) as liquidators. Creditors must file proofs of debt by Thursday 6 June.

The Bank of New Zealand is chasing property developer Mark Lyon for $188,881.32 as guarantor of that amount owed by his company, Trophy Properties Ltd. But the bank may take some time longer than envisaged collecting the money, which it said was overdrawn from 2 accounts — the Property Law Act notice refers to a guarantee dated 1 December 2002. Mr Lyon is still a director of Mission Corp Ltd, Chancery Ltd, Vulcan Investments Ltd, but has resigned as a director of Midpoint Investments Ltd and related companies.

Securities Registry Ltd (Doug & Anne Somers-Edgar of Money Managers & Gerald Siddall) entered into possession on 13 May as mortgagee of the Tikitere B Block at Rotoiti owned by Shag Lake Farm Ltd, formerly Tikitere Springs Estate Ltd (Barry Brill, former National cabinet minister, and former McAlpine Industries Ltd and UnitedNetworks Ltd director). At a time when Mr Somers-Edgar’s businesses are under attack by the Securities Commission for not acting properly over contributory mortgages, the notice was dated 10 May — 3 days before the claimed action of entering into possession. Stanley Construction Ltd (Don & Garry Stanley) applied last October to liquidate Tikitere Springs Estate. An advertising restraining order was imposed on 24 January and the Stanley application was enlarged from April to 2 May, but no action was taken on the application that day. Don Stanley was first chairman of Power NZ Ltd and is also a former UnitedNetworks director.

A meeting of creditors of Bean Rock Developments Ltd has been called for Tuesday 21 May at 10am at the office of liquidators Meltzer Mason Heath. Bean Rock & another of Nigel Williams’ companies, 2000 Ltd (formerly Quayside Developments 2000 Ltd) were both wound up on 1 March. Dennis Parsons (Indepth Forensic Ltd, Hamilton) was appointed liquidator of another Williams company, Tauranga Developments Ltd (formerly Quayside Developments Ltd). Mr Williams still has Beachcomber Apartments Ltd & Killarney Apartments Ltd.

Peter Brannigan was appointed receiver of Metropolis Car Parking Ltd (Suren Sharma) on 7 May. Tower Trust’s TEA Custodians (Equitable) Ltd entered into possession in March, as mortgagee, of 5 carpark titles held by Metropolis Car Parking, which was 1 of many under the control of Reg Watt (NZ Equities Group) until his bankruptcy last July.

Davey Doors (West Auckland) Ltd (Mordechai & Raewyn Henis) went into voluntary liquidation on 8 May, appointing Stan Boyask as liquidator. Mr Henis is also director of Windsor Doors Ltd & Doors 2000 Ltd.

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U: The names behind the action, week to 12 May 2002

Names, connections, 2+2

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.

11 May 2002

Combined Equities Ltd (owned by Harts Management Ltd, in receivership as part of Harts Australasia Ltd and taken over by Dorchester Pacific Ltd) was placed in liquidation by the shareholders on 6 May, with John Waller & David Davidson (PricewaterhouseCoopers) appointed liquidators to wind up the affairs of the Khyber Pass Partnership. The liquidators believe the company is solvent. They require proofs of debt by Monday 17 June.

9 May 2002

GHC Properties Ltd (Kenneth Bycroft & Robin Tunnicliffe) went into voluntary liquidation on 6 May, appointing Colin Powell (Battley & Johnson) as liquidator.

Value Homes Ltd (Richard Gerritsen, also previously a director of Value Homes 1999 Ltd) appointed Hamilton accountant Grahame Craig as receiver on 24 April. The company is already in liquidation.

The Auckland Rugby League applied on 10 April to wind up FMG Corp Ltd (Haydn & Adriaan Ferris). The application will be heard in the Auckland High Court on Thursday 6 June at 10am.

Works Infrastructure Ltd applied on 25 March to wind up Karaka Cable & Drainage Ltd (Ian & Christine Phillips) The application will be heard in the Auckland High Court on Thursday 23 May at 10am. Karaka Cable & Drainage survived another liquidation application, by Centra Forklifts Ltd, at Christmas.

Agio Trustees Co Ltd (Stuart Robertson, Te Atatu) fought off an application to wind it up at the end of last year, but went into liquidation on 29 April, appointing Raymond Burgess (Burgess & Associates) as liquidator. Creditors must file proofs of debt by Friday 7 June.

The fallout continues between the parties who planned a $250 million mall, entertainment & hotel complex next to New Zealand Bloodstock’s Karaka sales centre — Asian investors headed by Liu Fen Ching of Taiwan and local businessman Roy Mottram. Right Point Investments Ltd (in liquidation; Mr Liu & Mr Mottram are listed as directors) applied on 12 April to wind up Tasman Merchant Ventures Ltd (Mr Mottram). The application will be heard in the Auckland High Court on Thursday 16 May at 10am.

Southern Finance Ltd (Herbert Govan & Anthony Wilkins, Christchurch) has given notice of a claim for $7558 from Greg McDonald & Bella Bowden, both of Pakiri. Mr McDonald was a late but persistent opponent of the Arrigato development above Pakiri.

CF King Contracting Ltd applied on 19 April to wind up EJM Builders Ltd (Eamon Murphy, Te Atatu). The application will be heard in the Auckland High Court on Thursday 23 May at 10.45am.

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U: The names behind the action, week to 11 August 2002

Names, connections, 2+2 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. 10 August 2002 Image Commercial Interiors Ltd applied on 2 July to wind up TGH Corporate Trustee Ltd (Mazhar Shukri Krasniqi, director of numerous corporate trustee companies; this one is also in receivership). The application will be heard in the Auckland High Court on 22 August at 10.45am. Inland Revenue applied on 15 July to wind up Viewfield Group Ltd (struck off the Companies Register on 9 March; director Alasdair Murray, also director of Restcare Management Services Ltd). The application will be heard in the Auckland High Court on 22 August at 10.45am. www.kitsethome.com Ltd (Richard Hadlow) negotiated a settlement to stave off the application of Geoff Harriman Ltd to wind it up in May, then didn’t make any payments. The Hadlow company was wound up in the Auckland High Court on 8 August. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators. The application of Right Point Investments Ltd (in liquidation; Liu Fen Ching of Taiwan & Roy Mottram) to wind up Tasman Merchant Venture Ltd (Mr Mottram) was adjourned in the Auckland High Court to Thursday 12 September at 10am for settlement to be completed. Earthmoving Consultants Ltd (Brent Thompson) was wound up in the Auckland High Court on 8 August on the application of W Stevenson & Sons Ltd, after narrowly avoiding that fate in June, when Ferrier Hodgson was appointed to the liquidation then had the appointment reversed. The same liquidators were appointed this time. Toucan Trading Ltd’s application to wind up Village Interiors Ltd (Heather Stuck) was struck out after settlement was completed. Trustpower Ltd’s application to wind up Valentines NZ Ltd (Geoff MacRae, also director of various other Valentines Restaurant companies, & Kevin Gillespie) was struck out after settlement. Nonferral NZ Ltd (Royce Ritchie) was wound up in the Auckland High Court on 8 August on the application of Fletcher Building Products Ltd. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators. Axis Construction Ltd (Andrew Harris, also director of Axis Developments Ltd, already in liquidation) was wound up in the Auckland High Court on 8 August on the application of W Stevenson & Sons Ltd. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators. CSR Building Materials Ltd’s application to wind up Moore Living Ltd (Gavin Moore) was adjourned in the Auckland High Court to Thursday 17 October at 10am for settlement. Mr Moore is also director of Moore Construction Ltd and Pantech Pacific Ltd, both in liquidation, Kirwan Holdings Ltd, which went into voluntary liquidation on 3 July, Able Holdings Ltd, Benmore Developments Ltd and Moore Living International Ltd. R&F Concrete Contractors Ltd (Ross McDermott & Fleur Duncan, Massey) was wound up on 8 August on the application of Allied Concrete Ltd, which at the previous call had said the company contracted to had agreed to pay Allied’s bill. Town & Country Carpets Ltd’s application to wind up Dakshin Group Ltd (Shalendra Goundar, Papatoetoe, also Centuar Group of Companies/Holdings/Investments Ltd, Centaur Liquor Group Ltd, Shilton Hotel Ltd, Shaanbagh Café Ltd) was struck out after settlement in full. Henderson Installations Ltd (James Henderson, Mangere Bridge, also director of Hammer Properties Ltd) was wound up in the Auckland High Court on 1 August on the application of Fletcher Steel Ltd, with the Official Assignee appointed liquidator. On 8 August a second liquidation order was made, on the application of MJN McNaughton Ltd. This time, Derek Farrelly was appointed liquidator. If nothing else, the failure of the entire court system to be aware of such a double-up — often — shows the High Court remains incompetent (though it has improved this decade). The court is a serious critic of business misbehaviour, especially where companies fail to meet payment deadlines required in the liquidations court. Systems should be in place in the courthouse to prevent this sort of nonsense — apart from the human touch of the lawyers involved, who should have checked but obviously didn’t. Those systems are plainly inadequate, which calls into question the criticisms of the court of anyone else’s business behaviour. Terraces On Main Ltd (Brent Clode, also Clode Consulting Ltd, most recently noted for problems associated with his 1 Parliament St apartment development) went into voluntary liquidation at 2pm on 6 August, appointing Grant Graham & Brendon Gibson (Ferrier Hodgson) as liquidators. Scaffolding & Formwork NZ Ltd had an application on the Auckland High Court liquidations list on 8 August to wind it up, which was consequently dismissed. DPJ Ltd (Bruce Gage) (Genesis Homes Henderson Ltd until the name change on 8 May) was wound up on Inland Revenue’s application. Richard Agnew & Vivian Fatupaito (PricewaterhouseCoopers) were appointed liquidators. Mr Gage is director of Genesis Homes Ltd, Family Homes Ltd, Paladin Investments Ltd and some related companies. 1 other former Genesis company has been wound up and another faces liquidation since Mr Gage said they ceased to hold rights to the Genesis name — Genesis Homes Manukau Ltd, which became RG Co Ltd, was wound up in May and Genesis Homes Manurewa Ltd, which became S&R Trading Ltd, faces liquidation on 15 August. Combined Building Systems Ltd (Peter & Julie Gordon, also Gordon Construction Ltd, Hillsborough) was wound up on Inland Revenue’s application. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators. Panel Products Ltd (already struck off the Companies Register; director Moreen Clince, Glen Eden) was wound up on Inland Revenue’s application. Gerard Hulst was appointed liquidator. Inland Revenue applied on 8 July to wind up GTS Ltd (Jason Green, formerly of Action Enterprises Ltd). The application will be heard in the Auckland High Court on Thursday 22 August at 10.45am. Inland Revenue applied on 1 July to wind up Spectrum Covers Ltd (Rikki Tokley, Bombay, also Spectrum Trade Training Ltd). The application will be heard in the Auckland High Court on Thursday 22 August at 10am. Inland Revenue applied on 24 June to wind up DSR Ltd (Stacy Deisher, who incorporated DSR 2000 Ltd on 8 May). The application will be heard in the Auckland High Court on Thursday 22 August at 10am. Liquidator James McQueen (BDO Spicers, Pakuranga) says creditors of Cheshire No 2 Ltd, formerly E-Health Ltd, trading as Salus Executive Health, (David Halstead & Raymond Knight) should file claims by Friday 23 August. Head Girl New Zealand Ltd (Kandi & Ian Straker) went into voluntary liquidation on 30 July, appointing Gareth Hoole & Kevin Pitfield (Staples Rodway) as liquidators. Creditors should file claims by Thursday 29 August. Industrial Drains Ltd (Richard Clark, also Underground Moles Ltd, in liquidation, and Neo Pipe Systems Ltd) went into voluntary liquidation on 31 July, appointing Robert Merlo (Merlo Burgess & Co Ltd) as liquidator. Creditors must file claims by Monday 2 September. Markan Holdings Ltd (David Carr, Wiri, also Machinery Movers Ltd and Tranzcarr Heavy Haulage Ltd) went into voluntary liquidation on 1 August, appointing Peter Wahlstrom as liquidator. Creditors must file claims by Wednesday 11 September. Inland Revenue applied on 28 June to wind up See The Bigger Picture Co Ltd (Antoni & Michele Reilly, Newton). The application will be heard in the Auckland High Court on Thursday 22 August at 10am. Benchmark Building Supplies Ltd applied on 10 July to wind up Brookdale Investments Ltd (Andrew Preddey, formerly of Plaster Waikato Ltd, now of Circular Holdings Ltd and Jennings Homes Ltd). The application will be heard in the Hamilton High Court on Monday 9 September at 10.45am. The Land Transport Safety Authority applied on 12 July to wind up Broadway Towing Ltd (Keith Church, also K Church Properties Ltd, Broadway General Carriers Ltd and Foresight Automotive Ltd). The application will be heard in the Auckland High Court on Thursday 22 August at 10.45am. A separate company, Broadway Towing 2000 Ltd was formed in 2000 by Craig Burrows (Bradley Towing Services Ltd & related companies). Palmer Corp NZ Ltd (Rowan Webb, also Colorado Adventurewear Ltd, & Milton Burrell) went into voluntary liquidation on 1 August, appointing John McIlroy as liquidator. Creditors must file claims by Tuesday 10 September. DB Breweries Ltd appointed Neil Donnell & Paul McCormick (Grant Thornton) on 6 August as receivers of Hemmingway’s Bar Ltd (Warren Turley, also Ibiza & Isobar Restaurants Ltd, wound up last week). California Dreamin’ Leisure Products Ltd (Frank Edwards, also Skate Surf ‘N Board Ltd, Man And Cow Ltd and Boom Skateboard Co Ltd, and formerly of Cheapskates Ltd) went into liquidation on 2 August, appointing Clive Johnson as liquidator. Meomech Ltd, Meo Investments Ltd and Meo Holdings Ltd (David Cocks, Birkenhead, with Kevin Pickworth, Rodney Rundstrom & David Norton) went into liquidation on 2 August, appointing Ian Davies (Accounting Action Ltd) as liquidator. Creditors must file claims by Tuesday 10 September. Meo Engineering Group has not gone into liquidation. The liquidators of Between The Sheets Ltd, Ferrier Hodgson, applied on 18 July to wind up Good In Bed Ltd. The application will be heard in the Auckland High Court on Thursday 12 September at 10am. Jeroen Brunt is a director of both companies and of Between The Sheets 2001 Ltd, which was incorporated in January. Lisa Brunt is a director of the Between The Sheets companies. Earthsystems Ltd (Kevin & Susan Marks, Orewa) was wound up on 1 August on the application of Croft Pole Distributors Ltd, with Derek Farrelly appointed liquidator. HIH Underwriting & Agency Services NZ Ltd went into liquidation on 2 August, appointing Kerryn Downey & Alan Isaac (Auckland & Wellington offices of KPMG) as liquidators. Josy Holdings Ltd (Graham Armstrong & John Harris) went into voluntary liquidation on 31 July, appointing Jeff Meltzer & Karen Mason (Meltzer Mason Heath) as liquidators. Creditors must file claims by Thursday 5 September. Mr Armstrong is a director of Bayfair Medical Centre Ltd, Argos Investments Ltd, Medcentre NZ Ltd and other companies. Mr Harris resigned as a director of Bayfair Medical Centre and Medcentre NZ. Anthon McCullagh, appointed receiver of Eternal Investments Ltd (Waari Ward-Holmes & Janus Kubs) on 20 May, resigned that role on 30 July, when he became receiver of Eternal Water NZ Ltd (Mr Ward-Holmes & Mahaki Jack Ellis), appointed on the debenture of Greenfields VDB Ltd (Anthony & Karl van den Brink). Both companies are in liquidation. Eternal Water New Zealand 2002 Ltd was incorporated on 25 July, with Mr McCullagh as director. Mr Ward-Holmes is a former director of Farmers Trading Co Ltd, Deka NZ Ltd, Maori Development Corp Ltd, Tainui Group Holdings Ltd and many associated companies, still a director of Sky City Entertainment Group Ltd and nowadays also a director of Mtech Investments Ltd, Awanui Holdings Ltd, Aqua-Blue Environmental Systems Ltd, Eternal Plant Ltd and a few associated companies. Bandag New Zealand Ltd went into voluntary liquidation on 1 August, appointing Paul Sargison & Gerry Rea (Gerry Rea Associates) as liquidators. Creditors must file claims by Tuesday 3 September. City Products Ltd (Robert Downes, also Solenz Lighting Systems Ltd and formerly of Designcam Ltd, & Julie Downes) went into voluntary liquidation on 30 July, appointing Curtis Mountfort as liquidator. Creditors must file claims by Monday 9 September. Lynne Carter applied on 19 July to wind up Albert Fanshawe 62 Ltd (Rodney Haines, of Haines House Haulage Co Ltd and numerous other property-related companies). The application will be heard in the Auckland High Court on Thursday 5 September at 10am. Ms Carter is a former director of both Albert Fanshawe 62 and Haines House Haulage, and is now a director of Paradise Cove Ltd, which is undertaking a 6-unit luxury apartment development at Clifton Pt above Takapuna Beach. Cable Trace NZ Ltd (Barrie Wood) was wound up on Inland Revenue’s application on 11 July, with Steve Lawrence & Brendon Gibson (Ferrier Hodgson) appointed liquidators. Wilson & Horton Ltd (NZ Herald) applied on 11 July to wind up Fairview Realty Ltd (Graeme Cook also Dominion Realty Ltd, & Kathryn Todd). The application will be heard in the Auckland High Court on Thursday 5 September at 10am. Everglade Holdings Ltd (Govind Ranchhod & Kantilal Patel) went into voluntary liquidation on 26 July, appointing John Scaletti (Hewitt Scaletti Waters, Manukau) as liquidator. Creditors must file claims by Friday 30 August. The directors incorporated a new company, Everglade Holdings (2002) Ltd in March. Among Mr Patel’s other companies are Dawson Road Medical Centre Ltd, East Tamaki Medical Centre Ltd and Krishna Building Co Ltd. Sovereign Homes Design & Build Ltd (Tyronne Hartnett, also Cornerstone Building Systems NI Ltd, Te Puke) was wound up in the Tauranga High Court on 20 May, with Steve Lawrence & Brendon Gibson (Ferrier Hodgson) appointed liquidators. Leftfield Sports Café Ltd (George Evangelidakis of Mad Greek Investments Ltd and The Prawn Shack Ltd, & David Todd), operator of the Leftfield bar on Princes Wharf, was placed in the hands of receivers Richard Agnew & David Davidson (PricewaterhouseCoopers) on 19 July. Buchanan Builders Ltd (Philip Mills) went into voluntary liquidation on 23 July, appointing Gerry Rea & Paul Sargison (Gerry Rea Associates) as liquidators. Creditors must file claims by Tuesday 27 August. Harts Gauld Kelly Ltd (of Harts accountants, Howick) applied on 11 July to wind up Global Cable & Duct Corp Ltd (Ian Phillips, also of Karaka Cable & Drainage Ltd, & Ian Ottaway, of Directional Drilling Services Ltd and related companies). The application will be heard in the Auckland High Court on Thursday 22 August at 10.45am. The 2 directors formed a new company, Global Cable & Duct 2000 Ltd, in January 2001. Kaiwaka accountant Graham Hawkes was appointed on 22 July as receiver of Operation Hardware Ltd (formerly Mangonui ITM Ltd; directors Stephen & Christine Lane, Arkles Bay; she is still a director of Kaitaia Building Supplies Ltd but he has resigned, both have resigned as directors of Mangonui ITM 2002 Ltd, which was incorporated on 18 July, and he is also a director of Northern Plantation Hardwoods Ltd). Steel & Alloy Welding Services Ltd (James & Leisa Shadbolt; also J&L Engineering Ltd and J&L Investments Ltd) went into voluntary liquidation on 22 July. John Gilbert (C&C Strategic Ltd) was appointed liquidator. Creditors must file claims by Thursday 15 August. Pieris Mint Ltd and Garden Court Ltd (Bob Wickham, developer of The Fields in the Oteha Valley) went into voluntary liquidation on 18 July, appointing Hamilton solicitor Martin Fine as liquidator of both. Pieris Mint has also been struck off the Companies Register. Creditors must file claims by Tuesday 20 August. Wickham Developments Ltd, renamed The Open Fields Co Ltd, went into voluntary liquidation on 28 June after a long battle to refinance. Other Wickham companies include Mangawhai Downs Ltd, Homes for the Elderly NZ Ltd (with Ken Kells), Airfields Way Ltd and M Trust Ltd. Coast & Country Real Estate Ltd (Lorraine Gray) went into voluntary liquidation on 16 July, appointing Gerard Hulst (Gerard Hulst & Associates) as liquidator. Creditors must file claims by Friday 16 August.

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U: The names behind the action, week to 27 January 2002

Names, connections, 2+2

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.

24 January 2002

Inland Revenue has applied to wind up Puddick Scaffolding Ltd (Bruce Puddick & Glenn Pool, Pukekohe) in the Auckland High Court on Thursday 7 February at 10.45am. Puddick Scaffolding (2000) Ltd, incorporated by Mr Puddick in October 2000, was struck off the companies register last August.

Inland Revenue has applied to wind up Awarua Properties Ltd (Larry Eade, a director of Southside Properties Ltd with Chris Jones but no longer involved in the Eastpark Ltd joint venture with Hopper Developments Ltd). The application will be heard in the Auckland High Court on Thursday 7 February at 10am.

Business Systems Ltd (Emmanuel Ntreh) faces liquidation at the hands of Inland Revenue. The application will be heard in the Auckland High Court on Thursday 7 February at 10.45am. Also facing liquidation on the IRD’s application at that time is Fire Safety Consultants Ltd (Barry & Tanya Trott).

Cashmore Brothers Ltd has applied to wind up Legacy Group Ltd (Daryosh Mahmaudi Galeh, who has resigned his directorships of three companies formed last November, Legacy Finance & Investments Ltd, Project Solutions NZ Ltd and Legacy Immigration Ltd; Alireza Shomalzadeh remains a director of those three, but resigned from Legacy Group). The application will be heard in the Auckland High Court on Thursday 7 February at 10am.

Handley Homes Ltd (Graeme Collinson) has applied to wind up Diverse Homes Ltd (William Kihi, Manukau). The application will be heard in the Auckland High Court on 14 March at 10.45am.

Steve Lawrence & Brendon Gibson (Ferrier Hodgson; attention Alistair Holt) were appointed liquidators of 255 Ltd (Gary Palmer) by the Auckland High Court on Monday 21 January. Mr Palmer was a director of EFR Ltd (with Mark Bryers), and remains a director of Uptown Apartments Ltd, City Lights Management Ltd (in liquidation) and Chester Casper & Co Ltd (also in liquidation; with Paul Webb).

Curtain Couture Ltd (Lee Stevens) appointed Auckland accountant Colin Devcich as liquidator on Saturday 19 January.

23 January 2002

Auckland Regional Council chairman Phil Warren, 63, died of a heart attack today. He was re-elected for a fourth term last October. Mr Warren entered local body politics in 1980 after a dispute with Auckland City Council relating to his Ace of Clubs business, accepting the advice that it was better to fight on the inside. He became deputy mayor before moving on to the regional council.

CB Richard Ellis has strengthened its sales team, securing Kevin Richards as director of commercial sales. Mr Richards spent eight years at Jones Lang LaSalle as national leasing director. Wayne Keene joins the CB Richard Ellis hotels division, based in Auckland. After several years with Bayleys, Mr Keene finished 2001 as head of Jones Lang TransAct’s New Zealand business. At corporate services, Bob Bull has returned from London to focus on telecommunications.

Workforce 2001 Ltd (Philip & Jocelyn Murray) was wound up in the Auckland High Court on Monday 21 January, with Judith Fatupaito & Richard Agnew (PricewaterhouseCoopers) appointed liquidators. Creditors must file proofs of debt, attention Ashok Patel, by Monday 22 April. Mr Murray is also a director of Gasoline Alley Services Ltd. Jocelyn Murray is also a director of Mainprop Commercial Ltd, wound up last October on Inland Revenue’s application.

Two new-business companies in The Warehouse group were wound up by the retail chain on 21 December — E-loan NZ Ltd and E-loan NZ (2001) Ltd. The liquidators, Graeme McDonald & John Vague (McDonald Vague & Partners) require proofs of debt by Monday 18 February.

The liquidators of CMI Screws & Fasteners Ltd, Meltzer Mason Heath (attention Lloyd Hayward), have reminded creditors to file proofs of debt by Saturday 16 February.

LL&P Interior Concepts Ltd (Lexia Le Haavre, trading as Le Haavre Interior Concepts) appointed accountant Colin Devcich as liquidator on Friday 18 January. Proofs of debt must be filed by Monday 18 February. A creditors’ meeting will be held at the former Pakuranga community centre, now te tuhi – the mark, 13 Reeves Rd, Pakuranga, on Friday 1 February at 2.30pm.

New York Gear Ltd (Peter Watt), which fought off liquidation in court in October, appointed insolvency practitioner Jon Buchanan as liquidator on Wednesday 16 January.

Ototoa Station Ltd (Sam & Jill Lim) was placed in liquidation in the Auckland High Court on Thursday 17 January, with Steve Lawrence & Brendon Gibson (Ferrier Hodgson; attention Gavin Harold) as liquidators. The company has also been struck off the companies register.

Odyssey Online Ltd (Mark Battles) appointed Auckland accountants Greg Rathbun & Bruce Sheppard as liquidators on Monday 14 January. Mr Battles is a former Wilson Neill Corp Ltd director.

Barfoot & Thompson director Mark Thompson died on 17 January, aged 43. His funeral service was at St Thomas Anglican Church, Kohimarama, on Wednesday 23 January at 2pm.

The last scam letter emailed to me from Nigeria involved helping some member of an unlamented prime minister or president’s family shift a few million ill-gotten dollars. Monday’s one comes from a Lagos lawyer, Abdulkarimi Brume, acting for the son of the late and unlamented General Abacha, Nigeria’s former military head of state, whose pay package included hoarding $US36 million away from the prying eyes and fingers of Nigeria’s people. I don’t know how people here manage to convince themselves they’ll come out on top from such scams. At least with the email version they don’t use up fax paper, and the delete button is such a useful device.

Bryan Williams was appointed liquidator of JR Grant Electrical Ltd on 12 January by the shareholders, John & Rozanne Grant of Glen Eden.

Allyon Investments Ltd (Rowland Prior & Chan Fook Shu) has been placed in liquidation, with Gerard Hulst appointed liquidator. Creditors must file claims by Monday 4 February. Mr Prior was also a director of Zestview Developments Ltd, Shireland (NZ) Ltd and Carousel Investments Ltd, all of which are in liquidation. Mr Chan is a director of Pakpal NZ Ltd.

Pacific Retail Group Ltd has appointed Phil Newland as a full director, stepping up from his role as an alternate for Eric Watson. Mr Newland was appointed group managing director last year at Mr Watson’s central investment company, Cullen Investments Ltd.

Continue Reading

U: The names behind the action, week to 26 May 2002

Names, connections, 2+2

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.

25 May 2002

Redeal Ltd (trading as Ideal Building Supplies) applied on 17 April to wind up Kettell Electrical Services Ltd (William & Pamela Kettell, Bucklands Beach; Mr Kettell is also director of The Electrical Co Ltd, incorporated on Friday 24 May 2002). The Redeal application will be heard in the Auckland High Court on Thursday 6 June at 10am.

Inland Revenue applied on 6 May to wind up OBD Developments Ltd (Andrew & Helen Shirtcliffe, also directors of Colorado Homes Ltd, Telluride Investments Ltd & Pacheco Holdings Ltd). The application will be heard in the Auckland High Court on Thursday 6 June at 10.45am.

Inland Revenue applied on 15 April to wind up Tribeca Properties Ltd (David Styles, also a director of Emmett Properties Ltd and Rushcutter Investments Ltd, and former director of a number of companies, including New York Property Group Ltd, Ponsonby Corp Ltd, Trojan Properties Ltd, all in liquidation, and Trans Tasman Hotel Corp Ltd; Insolvency & Trustee Service records show Mr Styles was bankrupted last October). The application will be heard in the Auckland High Court on Thursday 6 June at 10am.

Inland Revenue has joined the Auckland Rugby League in seeking to wind up FMG Corp Ltd (Hayden & Adriaan Ferris). Both applications will be heard in the Auckland High Court on Thursday 6 June at 10am.

The Open Fields Co Ltd (Bob Wickham; the company was previously called Wickham Developments Ltd) is back in the Auckland High Court liquidation list after an absence while negotiations continued over finance in Australia. The company failed to front in the Environment Court on Monday to state its position on implementation of the North Shore district plan. The latest applicant to wind the company up is Bloss White Finance Pty Ltd (in liquidation, liquidators Lachlan McIntosh & John Park, Brisbane). The application, lodged on 29 April, will be heard on Thursday 6 June at 10.45am.

Independent News (Auckland) Ltd applied on 10 April to wind up Trijun Holdings Ltd (Tracy Roberts, also director Furniture Holdings Ltd, wound up on 9 May). The application will be heard in the Auckland High Court on Thursday 13 June at 10.45am. Cammie & Glen McKinley were previously directors of Trijun. Their company, Camglen Holdings Ltd, went into voluntary liquidation on 13 May.

24 May 2002

After giving notice on 13 May that it was entering into possession as mortgagee, Securities Registry Ltd (Doug & Anne Somers-Edgar of Money Managers and Gerald Siddall) appointed Dean Bloomfield of Rotorua as receiver of Shag Lake Farm Ltd’s property at Tikitere, Rotoiti. Shag Lake Farm was previously named Tikitere Springs Estate Ltd (director Barry Brill, former National cabinet minister and McAlpine Industries Ltd & UnitedNetworks Ltd director).

23 May 2002

Former Corporate Investments Ltd and Montana Ltd chairman Peter Masfen has been appointed a director of Property For Industry Ltd. Mr Masfen also controls a substantial private property portfolio.

McDonough Duffy Electrical Co Ltd (Kieron Duffy & Danny McDonough) was wound up briefly today, until Mr McDonough arrived in the Auckland High Court to rescue it a second time. He managed to hold off liquidation in April, and had the application of Redeal Ltd (trading as Ideal Building Supplies) adjourned to Thursday 27 June at 10am for settlement.

The Extreme Team Ltd (Nicola Scofield) was wound up on the application of Benchmark Building Supplies Ltd, with Steve Lawrence & Brendon Gibson (Ferrier Hodgson & Co) appointed liquidators.

Grove Hardware Ltd’s application to wind up Gordon Construction Ltd (Peter Gordon, Hillsborough) was struck out after settlement was reached.

Works Infrastructure Ltd’s application to wind up Karaka Cable & Drainage Ltd (Ian & Christine Phillips) was settled & struck out, with some criticism from Master Ann Gambrill in the Auckland High Court. She questioned the wisdom of spending $900 on the court liquidation fee to recover a $2000 debt, saying other options were available, such as the disputes tribunal at $50.

Van Der Lee Enterprises Ltd (Adriaan & Margriet Van der Lee) was wound up on the application of Shop FX Ltd (Peter Anderson, whose other companies include Hudson-York Properties Ltd). Derek Farrelly was appointed liquidator.

Advanced Kitchens (NZ) Ltd (Sukhdev Singh Kalsi, Manukau) had the application of Sanco NZ Ltd to wind it up adjourned to Thursday 25 July at 10,45am after reaching a settlement agreement on Wednesday.

Klasse Properties Ltd (John Stenner) settled with Kitchener Nominees Ltd (Paul McCormick & Warwick Jones) and the application to liquidate Klasse was struck out.

The application of CMS Business Services Ltd (Richard Cross) to wind up Aztec Management Services Ltd (Christine & John Fear; Mr Fear is also a director of Aluminium Distributors Ltd and both are directors of North Shore Tool & Die Makers Ltd) was adjourned to Thursday 27 June at 10.45am for settlement.

Brocker Online Services Ltd (Michael Ridgway) went into voluntary liquidation on 17 May, with a Telecom NZ Ltd application to wind it up due to have been heard in the Auckland High Court today. Gareth Hoole & Philip Pavis (Staples Rodway Ltd) were appointed liquidators. Other Ridgway companies also placed in the liquidators’ hands on 17 May were Industrial Communications Service Ltd, Powercall Technologies Ltd, Brocker Financial Ltd, Pritech Corp Ltd, 1World Systems Ltd and Tech Support Ltd. The liquidators require proofs of debt by Monday 17 June. Mr Ridgway is also a former director of numerous companies including Taradale Property Group Ltd, Yes Group Ltd & Watertours NZ Ltd.

Advanced Printing Ltd’s application to wind up Malco Fittings 1986 Ltd (Eric Sinclair, Drury) was struck out after settlement. Another of Mr Sinclair’s companies, STM Engineering Ltd (which has already been struck off the Companies Register), faces liquidation at the hands of Reliance Worldwide Ltd. That application was adjourned to Thursday 13 June for payment. Other Sinclair companies, all in liquidation, are St Clair Ltd, International Cookware NZ Ltd and Process Sheetmetals Ltd. LL Distributors Ltd, his remaining company, isn’t in liquidation.

EJM Builders Ltd (Eamon Murphy, Te Atatu) was wound up on the application of CF King Contracting Ltd. The Official Assignee was appointed liquidator.

Inland Revenue’s application to wind up Care Scaffolding Ltd (Michael Care, also director of Care Contractors Ltd, which is in liquidation) was enlarged to Thursday 25 July at 10.45am for service & advertising. The company has closed its business.

A year after former Mayfair Corp Ltd managing director Gerald Williams had a scheme of arrangement approved by creditors, the 1c/$1 scheme still has to be put into effect. It was back in the Auckland High Court before Master Ann Gambrill today for mention, with counsel Stuart Robertson for creditor Colin Barlow saying his client’s opposition would either be withdrawn in the next month or he would apply for a fixture. The case against the scheme, filed last August, was set down for another mention on Thursday 27 June at 11.45am. A bunch of 80s survivor Mr Williams’ companies were placed in the hands of liquidators John Buchanan & Steve Hotchin last August. 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 2000. Four more added to the liquidation pile in August 2001 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 was Argyle Residential Ltd (where Christopher McGregor-MacDonald of MacRennie Construction Ltd was also a director). Mr Williams’ debts totalled about $19 million.

21 May 2002

Park Terrace Developments (1999) Ltd (Michael Hawkins & Graham Beirne) went into voluntary liquidation on 17 May, appointing Steve Lawrence & Grant Graham (Ferrier Hodgson & Co) as liquidators. Both Mr Hawkins & Mr Beirne are also directors of Pacific Properties (Park Terrace) Ltd, Arcom Investments Ltd and Itwo Ltd. Mr Beirne is a director of numerous vehicle companies, including several in the Integrity Cars group in Christchurch. Mr Hawkins’ other directorships include 456 Remuera Road Ltd with Stephen Crow.

Continue Reading

U: The names behind the action, week to 2 June 2002

Names, connections, 2+2

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 June 2002

Nico Francken has filed a debt-compromise proposal under part XV of the Insolvency Act with the High Court in Dunedin and a meeting of his creditors will be held at Kirkland Lawyers, Dunedin, on Tuesday 11 June at 11am. Mr Francken has resigned from most of his many companies but remains registered as a director of Contractors Bonding Ltd, WarrantyDirect Ltd, HomeFirst Warranty Ltd and Topstar Investments Ltd (still with George Couttie as a director at Topstar). Irina Michajlovna Francken is now listed as director of companies from which Mr Francken has resigned. Mr Francken has been involved in many businesses, including southern forestry syndication.

AMP Bank Ltd is seeking $87,286.13 from George William Couttie in mortgage arrears by 8 July under the Property Law Act. Mr Couttie, of Devonport, has had a long association with Nicolaas Jan Carel Francken (item above), as a director of many Francken companies.

Pacific Properties (Park Terrace) Ltd (Graham Beirne & Michael Hawkins), a finance-raising company associated with the Park Terrace development in Christchurch, appointed Michael Stiassny & Brendon Gibson (Ferrier Hodgson & Co) as receivers on 15 May. Park Terrace Developments (1999) Ltd was placed in the hands of Ferrier Hodgson liquidators on 17 May.

Go Holdings Ltd (formerly Erotica Ltd, director Stephen Crow) went into voluntary liquidation on 28 May. Liquidators Jeff Meltzer & Karen Mason (Meltzer Mason Heath) require proofs of debt by Monday 1 July. Among Mr Crow’s other companies is 456 Remuera Rd Ltd.

Redeal Ltd (trading as Ideal Electrical Supplies, directors Hubert Salmon & Jacques Vincent) applied on 24 April to wind up Wiring Power Ltd (David Stevhen). The application will be heard in the Auckland High Court on Thursday 13 June at 10am.

Inland Revenue applied on 15 April to wind up Cable Trace NZ Ltd (Barrie Wood). The application will be heard in the Auckland High Court on Thursday 13 June at 10am.

Inland Revenue applied on 24 April to wind up Te Hue Holdings Ltd (Jacob Bayne, also director of Better Plasterers Ltd and Advance Fixers Ltd, & Brenda Bayne, also director of Kapco Ltd). The application will be heard in the Auckland High Court on Thursday 13 June at 10am.

ET Power (Clive Snell) has gone into liquidation, appointing Derek Farrelly as liquidator. Inland Revenue applied on 29 April to wind it up, with the hearing set for Thursday 13 June.

28 May 2002

Ken Di Scipio, CB Richard Ellis’ corporate services division manager in Auckland, has been appointed managing director in Wellington. He joined CB Richard Ellis in 1992 after working as an account representative for Dun & Bradstreet in Florida and in advertising sales for Viacom/MTV Networks in New York, and ran CB Richard Ellis’ New York City corporate services for 5 years to 1999.

27 May 2002

Mike Ridgeway has clarified some details today of his involvement in the Brocker Technology Group, which has placed 7 companies in New Zealand in voluntary liquidation. Mr Ridgway formed Sealcorp Computer Products Ltd (incorporated 30 October 1987, but it went on to make millions, unlike the companies crashing around it at the time), eventually selling to Brocker, which is listed in Toronto. He resigned as chief executive about 18 months ago, went on holiday overseas and is back involved in 2-3 small businesses: “I made a decision running a larger company wasn’t my thing. We had 600 staff.” He remained on the Brocker board and recently became a director of the companies going into liquidation to carry out the job of closing them down. The Brocker NZ headquarters at Beachaven went on the market last September with a $5 million price tag — Mr Ridgway said an offer on it should go unconditional in a few weeks. As for other aspects of property, he said: “I’m not involved in property development in any way.”

The Bank of New Zealand applied on 13 May to wind up Earthmoving Consultants Ltd (Brent Thompson, also a director of Empire Holdings Ltd). The application will be heard in the Auckland High Court on Thursday 27 June at 10.45am. An application by W Stevenson & Sons Ltd to wind the company up is due back in court on Thursday 13 June.

ACF Ltd (formerly Francis Clarke Architects Ltd, directors Paul Francis & George Clarke) went into voluntary liquidation on 24 May with a solvency certificate signed, appointing Steve Cammish (BDO Spicers) to liquidate it. Mr Francis formed Francis Co Architects Ltd and Mr Clarke formed George Clarke Architects Ltd in March 2001.

Pakiri Farms Trust Ltd (Roko Urlich, a director of Whangarei law firm Urlich Webster Kilpatrick Ltd) was placed in liquidation on 24 May, with Gerry Rea & Paul Sargison (Gerry Rea Associates) appointed liquidators. Creditors must file proofs of debt by Tuesday 25 June. Pakiri Farms Trust went into receivership (receiver Anthony McCullagh, of Horwath Corporate Auckland Ltd) on 19 October 2001. Mr Urlich had Greg Davison (of 2 companies in liquidation over a troubled downtown apartment project, Nautilus Developments Ltd & Golden Gate Holdings Ltd) fronting development proposals for a resort just inland from Pakiri Beach. Mr Urlich is also a director of Luckens Ltd with Susan Hamilton who, with her husband, Kim Spencer, has bought (through their company Kitchener Homes Ltd) the controversial Arrigato property running down to the southern end of Pakiri Beach.

Continue Reading

U: The names behind the action, week to 18 August 2002

Names, connections, 2+2

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.

18 August 2002

Living Stone Pavers (NZ) Ltd (Russell Deasy, Taupo) went into voluntary liquidation on 9 August, appointing Gerard Hulst as liquidator. Mr Deasy incorporated Living Stone (2002) Ltd on 8 August.

15 August 2002

Dennis Parsons (Indepth Forensic, Hamilton), as liquidator of Green Park Forestry Ltd (Paul Oliver & Noel Fletcher) applied on 3 July to wind up Old Money Family Trust Ltd (Peter Friedrich Hoffman, Hamilton). The application will be heard in the Hamilton High Court on Monday 9 September at 10.45am. Mr Hoffman is director of several Old Money companies, is a former director of Ethical Enterprises Ltd and Health Wealth & Happiness Club Ltd, and with his wife, Ellen, is a director of Agape Charitable Trust Ltd. Mr Hoffman’s cheap-homes company, Hoffman Holdings Ltd, collapsed in 1984 after taking $1000 deposits from about 400 intending cottage buyers then failing to deliver. David Lange, then leader of the Opposition, said Mr Hoffman had already been involved in 5 business collapses, and added: “Once you’ve been the master of 5 Titanics, you shouldn’t get a ride on a sixth.”

Esther Samuel (Icontact Visual Media Ltd) was appointed liquidator on 13 August of Uluru Finance Ltd (insolvency practitioner Ray Burgess, Brett Cooper was previously director) and Uluru Properties Ltd (Brett Cooper). Creditors must file claims by Thursday 19 September. Mr Cooper’s property interests include Balmoral Properties/Asset Management NZ Ltd, Wiri Park Developments Ltd, Industrial Property Management Ltd, and Pacific Rise developer Pacific Office Park Ltd, which has been wound up by its former partners.

NZ Cashflow Services Ltd’s application to wind up GT Enterprises Ltd (Terence Moon) was struck out in the Auckland High Court today after settlement was reached.

The application of CMS Business Services Ltd (Richard Cross) to wind up Aztec Management Services Ltd (Christine & John Fear; Mr Fear is also a director of Aluminium Distributors Ltd and both are directors of North Shore Tool & Die Makers Ltd) was struck out in the Auckland High Court today after settlement was reached.

Jacobsen Creative Surfaces Ltd’s application to wind up Pars Ceramic Tiles Ltd (Manuchehr Riahi Dehkordi) was struck out in the Auckland High Court today after settlement was reached.

CSR Building Materials NZ Ltd’s application to wind up S&R Trading Ltd (formerly Genesis Homes Manurewa Ltd) was adjourned to Thursday 19 September at 10am for advertising. S&R directors are Stuart Brauninger (also Tasman Pacific Residential Ltd, Sunset Finance Ltd, Sapphire Homes Ltd, among other companies), Richard Alder (Alpha Pacific Holdings Ltd, Home-Master Ltd) & Raymond Bull.

NZ Cashflow Services Ltd applied on 16 July to wind up Canbay Plastering Ltd (Alan & Elizabeth Light, Glenfield). The application will be heard in the Auckland High Court on Thursday 22 August at 10.45am.

Jesmond Construction Ltd applied on 2 July to wind up Habitat Developments Ltd (David Ralph & Caroline Morrison). The application will be heard in the Auckland High Court on Thursday 5 September at 10am.

4 of Bill & Jocelyn Miles’ companies were placed in liquidation on 8 August — Busby Manor Ltd, Glenmore Distributors Ltd, Hardy Distributors Ltd and Video Station Ltd. Jeff Meltzer & Karen Mason (Meltzer Mason Heath) were appointed liquidators. Creditors must file claims by Monday 9 September. Mr Miles was a duty-free shopping pioneer at Miles & Carlaw, and a prominent Bay of Islands property investor.

Hirepool Ltd applied on 14 June to wind up Lloyd Contractors (1996) Ltd (Lloyd Pae, also director of Lloyd Contractors 2000 Ltd) . The application will be heard in the Auckland High Court on Thursday 22 August at 10.45am.

Lloyd Group Ltd (Lloyd Gallagher, Hamilton) was placed in liquidation in the Hamilton High Court on 5 August. Brendon Gibson & Grant Graham (Ferrier Hodgson) were appointed liquidators. Mr Gallagher is also director of several other companies, including Tech Tools Supplies Ltd, ISP Supplies Ltd and Telco Supplies Ltd.

Hoy 2000 Ltd (Hugh Ellis, also director of Eastellis Homes Ltd) went into liquidation on 31 July, appointing Bernie Montgomerie as liquidator. Creditors must file claims by Saturday 7 September.

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U: The names behind the action, week to 3 February 2002

Names, connections, 2+2

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.

2 February

Papakura District councillor Ross Vickery filed for bankruptcy on 25 January but can — and will — stay on the council. His debt mountain arose from litigation after he opposed the sell-off of council assets, such as the water system to United Water, in 1997. He wasn’t a councillor then, but has been elected twice since. Mr Vickery was a self-employed builder but is now looking for work. Click here for fuller story.

31 January 2002

Marlborough Ridge Ltd (Colin Lofts & Terry Bradbury), which is in receivership & liquidation, has applied to wind up MR No 2 Ltd (George & Garry Lawrence). The application will be heard in the Auckland High Court on Thursday 28 February at 10am.

Novare Wallcoverings Ltd (Simon Yock) went into voluntary liquidation on 23 January, appointing Graeme McDonald & John Whitfield (McDonald Vague & Partners) as liquidators. Creditors must file proofs of debt by Friday 22 February.

Fibreglass Solutions Ltd (David & Jean Bothwell, Birkenhead) went into voluntary liquidation on 29 January, appointing Paul Sargison & Gerry Rea (Gerry Rea Associates) as liquidators. Creditors must file proofs of debt by Monday 4 March. The Bothwells also own Furniture Solutions (1997) Ltd.

30 January 2002

NE Fixing Ltd (Nicholas Edmonds, Glendene) faces liquidation at the hands of Inland Revenue. The application will be heard in the Auckland High Court on Thursday 7 February at 10.am.

29 January 2002

The Davis Crescent Joint Venture (Harvey & Stephanie Sheppard, Robert Knox & James Cleland) has applied to wind up Ad Pacifica Online Retail Systems Ltd. The application will be heard in the Auckland High Court on Thursday 7 February at 10am.

28 January 2002

Putz-Technik NZ Ltd (Renatus Leucht & Katherine Cole) applied on 13 December to wind up North Island Paviors Ltd (Ferdinand & Cornelia Vervoort; Mr Vervoort is also a director of Plastering Technologies & Repairs Ltd, incorporated on 10 December 2001). The application will be heard in the Auckland High Court on Thursday 14 March at 10am.

Turnwan Market Properties Ltd (part of the Turners & Growers group) has appointed Graeme McDonald & John Vague (McDonald Vague & Partners) as liquidators after directors resolved the company could pay its debts. Creditors must file proofs of debt by Thursday 14 February.

Elitunnel Merchanting Ltd (Colin Allen) was wound up on 17 January with the Official Assignee appointed liquidator (attention Ann Lee).

Lining Solutions Ltd (Paul & Diane Greenwood, New Lynn) was wound up on 17 January with the Official Assignee appointed liquidator (attention Ann Lee). The Greenwoods are also directors of Lining Solutions 2000 Ltd.

Management & Strategic Planning Ltd (Peter Llewellyn Davies) was wound up on 17 January with the Official Assignee appointed liquidator (attention Ann Lee). Mr Davies is also a director of Enviro Wash Ltd, with Robin Worthington (a director of Worthington Insurance Service Ltd, and previously of Mortgage Partners Ltd and Nimrod Group Ltd).

Thurco Developments Holdings Ltd (Elizabeth Monroy, Papakura) was wound up on 21 January with the Official Assignee appointed liquidator (attention Ann Lee). Elizabeth Monroy is also a director of Roof Doctors Ltd, Roof-Master Ltd and several other companies.

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