Archive | 2002

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

Brian Jensen was appointed on 14 October as liquidator of United Painting 1998 Ltd (Shainaz Rafiq) and Universal Corp Ltd (Shainaz Begum Ayub). Creditors must file claims by Friday 29 November. Mohammed Ayub was previously a director of both companies and of Delux Developments Ltd, and remains a director of United Painting & Decorating Ltd, United Electrical Ltd, Alee Co Ltd, Mod Developments Ltd, Trendy Homes Ltd and Accrue Developments Ltd. Shainaz Begum Ayub is also a director of Delux, Trendy Group Ltd and Red Chip Financial Ltd. Shainaz Rafiq is also a director of Accrue.

Lakeland Wealth Creators Ltd (Margarite Papple) and Wespap Ltd (William Papple) were wound up in the Rotorua High Court on 21 October on the application of Companies Office investigator John McPherson. Vivian Fatupaito & John Waller (PricewaterhouseCoopers, Auckland) were appointed liquidators, after being appointed interim liquidators on 4 September. Creditors must file claims by 23 January. The Securities Commission issued a statement on 4 September banning advertisements for an investment scheme promoted by the 2 companies. The commission estimated $8 million had been paid into the scheme. Click for story on ban.

Denis & Kevin Musson and Irene Dustin applied on 1 October to wind up Waiheke Island Airfields Ltd (Terence Easthope & Robert Silich; Mr Silich was also a director of Waiheke Wallboard Fixing & Stopping Ltd and is still a director of JBDR Ltd). The application will be heard in the Auckland High Court on Thursday 21 November at 10am. Denis Musson is a director of DB & UB Musson Trenching Ltd, Waiheke Air Services 2002 Ltd and Ridgeview Estate Ltd, and is a former director of Ardmore Airport Ltd, Waiheke Wallboard Fixing & Stopping Ltd and JDBR Ltd. Kevin Musson is a director of Ridgeview Estate Ltd.

Opsoma Ltd (James Wadham of Anchor Management Services Ltd & Paul Deayton) went into liquidation on 18 October, appointing Jeff Meltzer & Karen Mason (Meltzer Mason Heath) as liquidators. Creditors must file claims by Friday 22 November.

Tjauw Ltd (Barry Stafford, formerly of Quality Hotels Ltd and related companies, and of Arran Bay Estates Ltd, now of Victoria Properties Ltd, Burnard Investments Ltd) went into liquidation on 22 October, appointing Paul Sargison & Gerry Rea (Gerry Rea Associates) as liquidators. Creditors must file claims by Monday 25 November.

Michael Stiassny & Grant Graham (Ferrier Hodgson) were appointed receivers of Neil Brewer Holdings Ltd (incorporated in January, trading as Nebulite Warkworth, director Neil Brewer, previously of Glendavar Resources Ltd) on 23 October.

Fletcher Steel applied on 30 September to wind up Eastside Construction Ltd (Norman Leman, Manurewa). The application will be heard in the Auckland High Court on Thursday 14 November at 10,45am.

Jands Electronics NZ Ltd applied on 4 September to wind up Central Ventures Ltd (formerly Central Station Records NZ Ltd; director David Hook, also of 3 Judder Bar companies, 2 in liquidation, Space Investments Ltd, Khamsin Properties Ltd and Regis Properties Ltd). The application will be heard in the Auckland High Court on Thursday 7 November at 10am.

Wharehine Contractors Ltd applied on 21 August to wind up Concept Holdings Ltd (Selwyn Currie, Warkworth, also Combi Enterprises Ltd and Clayton Enterprises 2001 Ltd). The application will be heard in the Auckland High Court on Thursday 7 November at 10am.

Bernie Montgomerie (Montgomerie & Associates) was appointed on 22 October as liquidator of Polgara Ltd (trading as The Total Housing Company, director Stuart Dale, also Fantale Holdings Ltd: see below). A meeting of Polgara creditors will be held at the Montgomerie office, level 27 of the PricewaterhouseCoopers Tower, Quay St, on Wednesday 6 November. Creditors must file claims by Monday 25 November.

HG Leach & Co Ltd applied on 27 September to wind up Yukich Brothers Ltd.The application will be heard in the Auckland High Court on Thursday 7 November at 10.45am.

22 October 2002

Glen Beal (Campbell Tyson, Pukekohe) was appointed on 13 October as liquidator of Stuben Holdings Ltd (Bruce Murray Robinson, also Gap Investments/Farms Ltd, & Noel Stuart Robinson, formerly of Robinson Industries Ltd, still of Ra Ora Stud Ltd, now in liquidation, and also of Highbrook Development/Management Ltd and Project Pacific Ltd).

Bernie Montgomerie (Montgomerie & Associates) was appointed on 14 October as liquidator of Fantale Holdings Ltd (Stuart Dale, also Polgara Ltd). A creditors’ meeting will be held on Wednesday 6 November at the Montgomerie office, level 27 of the PricewaterhouseCoopers Tower, Quay St, and creditors must file claims by Monday 25 November.

Lyle Irwin (Prince & Partners) was appointed on 14 October as liquidator of Barrow Developments Ltd (Parkwood Place, East Tamaki; directors Walter & Brian Smaill, also Criterion Group/Commercial Furniture NZ/Furniture NZ/Manufacturing/Funriture Export Ltd, Alpha Concepts Ltd, Concorde NZ Ltd). Creditors must file claims by Monday 18 November.

21 October 2002

Steel & Tube Holdings Ltd applied on 6 September to wind up Shag Lake Farm Ltd (previously named Tikitere Springs Estate Ltd, director Barry Brill, former National cabinet minister and McAlpine Industries Ltd & UnitedNetworks Ltd director). The application will be heard in the Auckland High Court on Thursday 7 November at 10am. Securities Registry Ltd (Doug & Anne Somers-Edgar of Money Managers and Gerald Siddall) entered into possession of Shag Lake’s property at Tikitere, Rotoiti, as mortgagee, on 13 May, and appointed Dean Blomfield of Rotorua as receiver.

Derek Farrelly was appointed liquidator of The Protector Security Group (Mark Kennedy & Timothy Giles) on 14 October. Creditors must file claims by Friday 15 November. CKSC Ltd, TVOC Ltd and CET Ltd (Mr Kennedy a director of all 3, Mr Giles a director of CKSC) went into voluntary liquidation on 22 August on a company resolution of 3 May, appointing Matthew Gilligan (Matthew Gilligan & Associates Ltd, Newmarket) as liquidator.

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U: The names behind the action, week to 10 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.

10 February 2002

Some enlightenment on why Savoy Equities Ltd is taking itself to court (see below). Director Kerry Haycock (who ceased being an executive last October) said Savoy had applied to wind up EZ Concepts Ltd in court because EZ wasn’t fully owned. “It stopped trading in December 2000. The only way to resolve it [finish the tidy-up] was to do that [go to court].” Mr Haycock said Savoy’s board had plans for a life after its present status as a cashed-up listed nonentity: “It will be a lot different, starting from scratch. I would say, all going well, probably the first stage of it in the next 4-5 months, the second stage by the end of the year. It’s premature to say what they’re looking at, but it’ll be away from property.”

ASB economic reports have been coming out over different signatures lately. Rozanna Wosniak left the bank in December, Anthony Byett is producing reports as the bank’s chief economist, and during a holiday break for him Rodney Dickens (the bank’s group strategist, usually focused on economics for corporates) has filled in. The ASB has canned its quarterly housing reports, instead filing this information as it comes to hand.

George & Rhoda Bellingham applied on 10 December to wind up Budget Self Storage Ltd (Richard Goodfellow Cotter, also director of Airport Properties Ltd). The application will be heard in the Auckland High Court on Thursday 28 February at 10.45am.

8 February 2002

D&D Residential Ltd (Darryl Knowles, Mt Roskill) appointed Jeff Meltzer & Karen Mason (Meltzer Mason Heath) as liquidators on 1 February. Creditors must file proofs of debt by Monday 4 March. The same day D&D Residential was placed in liquidation, Mr Knowles incorporated Advantage Residential Ltd, located in Papakura.

Nominations to replace Phil Warren as the Auckland constituency representative on the Auckland Regional Council close on Friday 8 March at noon. The byelection will be held on Saturday 27 April. Mr Warren, in his fourth term as ARC chairman, died of a heart attack on 23 January.

Hamilton auctioneer John Farquharson Jones continues to battle on despite company failures. The application by John F Jones (1998) Ltd to renew its auctioneer’s licence is over John F’s signature, though the company’s director is Gavin Jones. John F remains a director of John F Jones Co Ltd (in both receivership & liquidation) and Waiohau Farm Co Ltd. Two of his companies, John F Jones Farmers Finance Ltd and John F Jones Real Estate Ltd, were struck off in October 1999 7 June 2000. John F Jones Livestock Co Ltd, formed in December 1999, remains in business with Gavin Jones as director.

7 February 2002

Property developer Bob Wickham‘s company The Open Fields Co Ltd (formerly Wickham Developments Ltd) remained alive today as two creditors, hoping for an adjournment, had their applications to wind up the company struck out.

Master Faire wouldn’t agree to continuing adjournments, saying the creditors involved wouldn’t suffer in an eventual liquidation.

Harrison Grierson Consultants Ltd had its application before Master Faire in the Auckland High Court today (the other creditor was in support) and had hoped to line it up with another application, by TG Paterson Contracting Ltd, which has been adjourned to Thursday 14 March. Both applications were filed last June. Creditors have agreed to adjournments because of mortgages in Australia and possibly greater losses if liquidation proceedings go ahead.

Mr Wickham’s company has been the antithesis of open fields. As the key developer of the Fields subdivision along Oteha Valley at Albany, it has been the constant butt of criticism for closing in open spaces with crowded development enabled by amalgamating titles which North Shore City Council had envisaged would be subdivided into standard residential lots.

Also on the High Court liquidation list today, an application by Duncan John Napier to wind up WestCity Shopping Centre Ltd (Russell McVeagh law firm partners Greg Thompson & John Lusk, who act for Westfield) was adjourned to the court’s bankruptcy list on Wednesday 6 March. Also adjourned to that day is an application for accepting a proposal to creditors by WestCity’s trustee.

An application by Allied Concrete Ltd (Harold Richardson, Invercargill) to wind up Dallas Concrete Ltd (David Tharp, Te Atatu South) was struck out after the debt was settled.

An application by James George Thorburn to wind up North City Realties (Matthew Ambler) was withdrawn after first being called last November, not being advertised, and Master Faire said he would reject an adjournment until the end of April to allow the creditor to monitor the next instalment of repayments.

Ad Pacifica Online Retail Systems Ltd (Andrew Bruce Faris & John Cunningham, c/- Caltech Capital Partners) was wound up on the application of the Davis Crescent Joint Venture (Harvey & Stephanie Sheppard, Robert Knox & James Cleland).

Cashmore Bros Ltd (Gordon Cashmore & Eric Forbes) withdrew its application to wind up Legacy Group Ltd after Legacy went into voluntary liquidation on Tuesday 5 February. A supporting creditor, AJ Russell Bricklayers Ltd (Lynne & Alfred Russell) also had its application struck out. Legacy’s director, Daryosh Mahmaudi Galeh, 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 of Solar Printing Co Ltd to wind up Henley Communications Ltd (Fraser Guthrie & Todd Somervell) was adjourned to 3 April at 10am (I suspect that should be 4 April) for proof of service & advertising, and to allow for settlement.

Inland Revenue had 5 companies wound 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), which has had Gerard Hulst appointed liquidator; Westpark Investments Ltd (James Raea, which the companies register shows as being struck off the register on 30 May 2000), also Gerard Hulst as liquidator; NE Fixing Ltd (Nicholas Edmonds, Glendene), the Official Assignee as liquidator; Puddick Scaffolding Ltd (Bruce Puddick & Glenn Pool, Pukekohe), Steve Lawrence & Brendon Gibson (Ferrier Hodgson) appointed liquidators; and Fire Safety Consultants Ltd (Barry & Tanya Trott), Richard Agnew & Judith Fatupaito (PricewaterhouseCoopers) appointed liquidators.

Inland Revenue’s application to wind up Basix Bar & Brasserie Ltd (Grant Mitcheson & Leonard Duck, Kumeu) was adjourned to Thursday 7 March at 10am to allow a settlement cheque, paid on Monday, to clear.

Maximum Production Ltd (Daniel Stamper, Glendene) was wound up on the application of Orica NZ Ltd (Andrew Coleman & Guy Roberts), with the Official Assignee appointed liquidator.

NZ Cashflow Services Ltd (Wally Britton) gave up its pursuit of Whitford Earthmovers Ltd (Alan Milton, Algies Bay) and its liquidation application was struck out.

Kolmar Investments Ltd (Brooke & Fleur Mitchell; Mr Mitchell is formerly of FAI and Metlife) had its application to wind up Retail Apparel Group Ltd (David Gray Nathan, formerly of Dress For Less, Paulls and Hero fashion companies, nowadays of Wine Direct Ltd, Kapiro Orchards Ltd, HSL Ltd, Anglo Asia Ltd and Rainbird Investments Ltd) adjourned to Thursday 7 March at 10.45am to enable advertising.

Capitalcorp Holdings Ltd (part of the Equiticorp group which collapsed in the aftermath of the 1987 sharemarket crash) was placed in liquidation on 1 February, with Kerryn Downey & Janice Dawson (KPMG) appointed liquidators.

Village Interiors Ltd (Heather Stuck, Howick) faces liquidation at the hands of Finewood Upholstery Ltd (John Mihaljevich, Avondale). The application will be heard in the Auckland High Court on Thursday 28 February at 10am.

Barnaby & Brett Prinsen Geerligs and James Peter Martin (the latter of law firm McVeagh Fleming), as executors & trustees of the estate of Bert Prinsen Geerligs, have applied to wind up NZ Realties Ltd (part of the group run by Reg Watt until his bankruptcy last year). The company is now called NZ Realty Group Ltd (Christopher Hill; still run from the same Anzac Ave premises). The companies register shows a new application to use the name NZ Realties Ltd has been made, with the name reserved.

North Shore City Council has applied to wind up 360 Church St Ltd (Alfonso Liguori). The application will be heard in the Auckland High Court on Thursday 14 March at 10.45am. Another of Mr Liguori’s companies, Central Trading Services Ltd, faces liquidation at the same court session on the application of Inland Revenue.

Orange Hawkes Bay Properties Ltd (Samuel Chan & Bruce Lockett) appointed Graeme McDonald & John Vague (McDonald Vague & Partners) as liquidators on 5 February after resolving that it could pay its debts. Proofs of debt must be filed by Friday 1 March.

Redhill Farms Ltd and Lake Ototoa Stud Ltd (the Porter Group, Remuera) (resolved on 4 February to go into liquidation after filing an insolvency certificate, with Geoff Hamilton (now of Stockford NZ Ltd) as liquidator. Proofs of debt must be filed by Wednesday 6 March.

Inland Revenue has applied to wind up Golden Gate Supermarket & Wholesalers Ltd (Samuel & Helen Wang), which runs an Asian supermarket off Teed St, Newmarket. The application is set down in the Auckland High Court for Thursday 14 March at 10am.

Savoy Equities Ltd (the company which had & lost the Britomart redevelopment project and was the main listed vehicle run by the intrepid Jihong Lu) has applied to wind up EZ Concepts Ltd (formerly E-Zebra Ltd; Savoy managing director Kerry Haycock is a director of both companies). The application will be heard in the Auckland High Court on Thursday 14 March at 10.45am.

You have to be quick sometimes… Print Communications Ltd (John Kearns) filed to wind up Posies Concepts Ltd (Justin Moore) on 19 December but advertised the Auckland High Court hearing (Thursday 7 March 10am) only on 7 February. Posies Concepts was struck off the companies register on 31 January. Mr Moore remains a director of Global Ronin Ltd.

Zen’s Centre Ltd (William Zen & Yee May Ho, also directors of Mayflower Building Ltd) appointed John Buchanan (JR Buchanan & Associates) as liquidator on 26 January.

Safeway Scaffolding NZ Ltd applied on 20 December (and advertised on 4 February) to wind up Willpro Ltd (Michael Williams, Albany). The application will be heard in the Auckland High Court on Thursday 14 March at 10.45am. Another Williams company, ML Williams Construction Ltd, is already in liquidation.

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U: The names behind the action, week to 24 March 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 March 2002

Tower Trust’s TEA Custodians (Equitable) Ltd has entered into possession, as mortgagee, of 5 carpark titles held by Metropolis Car Parking Ltd (Suren Sharma). The parking company was one of many under the control of Reg Watt (NZ Equities Group) until his bankruptcy last July. The company is in receivership.

Retail Planning Consultants Ltd, the trading arm of John Foreman & Associates Ltd (both with John Foreman, Albany, as director) went into voluntary liquidation on 21 March, appointing Paul Sargison & Gerry Rea (Gerry Rea Associates) as liquidators. The same liquidators were appointed to John Foreman & Associates on 1 March. Retail Planning Consultants creditors must file proofs of debt by Monday 22 April.

21 March 2002

Inland Revenue applied on 11 February to wind up Commercial Concrete Ltd (Terence Horne, also a director of Concrete Equipment Hire Ltd, and previously of Concrete Equipment 1998 Ltd, which was struck off the register in 2000). The application will be heard in the Auckland High Court on Thursday 4 April at 10am.

Inland Revenue applied on 26 February to wind up Gin Point Park Ltd (previously named Point Marina Park Ltd; directors Susan Hamilton & Myles Prestidge). The application will be heard in the Auckland High Court on Thursday 4 April at 10am. Other Prestidge companies include Fairhall Finance/Securities Ltd, Awon Finance Ltd, Cnr Properties Ltd & Kaizen Properties Ltd, all registered in Hamilton, and Yates Rise Ltd (with Allister Knight & Murray Alcock) in Auckland. Ms Hamilton is also a director of Kitchener Homes Ltd, Plascrete Ltd, Hammac Holdings Ltd (with David Macdonald) & Luckens Ltd (with Roko Urlich). She was also previously a director Kawau Bay Estate Ltd, now headed by Paul Adams of Tauranga, which has a waterfront subdivision at Sandspit.

Harts Lifecare Ltd (Steven Hart, of Brisbane accountancy firm Harts) was placed in the hands of receivers John Waller & David Davidson (PricewaterhouseCoopers) on 19 March.

House Removals Ltd (Sidney Namana, Hamilton) was wound up on Thursday 14 March. Dennis Parsons & Katherine Kenealy, Hamilton, were appointed liquidators.

Oney Trading Ltd (Orhan Sahin, previously of Café Midnight Express Ltd, & Cetin Bora Cinkilinc, previously of The Fez Ltd) faces liquidation at the hands of 163 Broadway Ltd (Newmarket Property Trust). The application will be heard in the Auckland High Court on Thursday 18 April at 10.45am.

18 March 2002

Shareholders of The Shower Co Ltd (Michael Dell & Nelson Burns, Henderson; Mr Burns is also a director of St Michel Industries Ltd) resolved on 30 January to wind up the company, which has ceased trading. Mark Foster of accountancy firm Butts Bainbridge & Weir, Henderson, has been appointed liquidator.

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U: The names behind the action, week to 16 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.

15 June 2002

Rapallo International Ltd (Gavin Gerrard, director of the Simorane Gerrard property & investment group) applied on 14 May to wind up Watkin Ward Ltd (Laurene Watkin, also director of Watkin Ward Consultants Ltd). The application will be heard in the Auckland High Court on Thursday 4 July at 10.45am.

14 June 2002

Reliance Worldwide Ltd’s application to wind up STM Engineering Ltd (struck off the Companies Register on 9 May 2001; director Eric Sinclair, Drury) was struck out in the Auckland High Court yesterday after settlement was reached. Mr Sinclair saved another of his companies, Malco Fittings 1986 Ltd, from liquidation in May. 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.

W Stevenson & Sons Ltd’s application to wind up Earthmoving Consultants Ltd was adjourned to Thursday 8 August at 10am for settlement, after the company was initially wound up early in the Auckland High Court session on Thursday. Director Brent Thompson instructed counsel at the last minute from his exhibit at the Mystery Creek Fieldays, and Stevenson’s relented. But he isn’t entirely out of the mire: the Bank of New Zealand has an application to wind the company set down for hearing on Thursday 27 June.

Wiring Power Ltd (David Stevhen) was wound up on the application of Redeal Ltd (trading as Ideal Electrical Supplies), with Dennis Parsons appointed liquidator.

Inland Revenue’s application to wind up Cable Trace NZ Ltd (Barrie Wood) was adjourned to Thursday 11 July at 10am to allow the shareholder to sell property.

Te Hue Holdings Ltd (Jacob Bayne, also director of Better Plasterers Ltd and Advance Fixers Ltd, & Brenda Bayne, also director of Kapco Ltd) was wound up on the application of Inland Revenue. Richard Agnew & Vivian Fatupaito (PricewaterhouseCoopers) were appointed liquidators.

Master Lang struck out 2 applications by insolvency practitioner Jeff Meltzer to wind up Fava’s Sportscar World Ltd (Noel Fava, older brother of property developer Philip Fava) after neither party appeared for the scheduled hearing in the Auckland High Court on Thursday. The applications had come before the court 7 times since being filed on 21 July 2001, part of a complex round of litigation involving members of the Fava family, their companies & liquidators.

Allied Concrete Ltd’s application to wind up subcontractor R&F Concrete Contractors Ltd (Ross McDermott & Fleur Duncan, Massey) was adjourned to Thursday 8 August at 10.45am after the court was told the company contracted to had agreed to pay Allied’s bill.

The application of www.multi.co.nz Ltd (Chris Cotton, also director of Sky Force Holdings Ltd, which is in liquidation, and Velocity Design Studios Ltd) to wind up Blyth Interiors Ltd (Judith Blyth & Claudine Wong She) was struck out because the issue is going to the Disputes Tribunal.

The application of Independent News (Auckland) Ltd to wind up Trijun Holdings Ltd (Tracy Roberts, also director of Furniture Holdings Ltd, wound up on 9 May) was struck out after settlement.

13 June 2002

Laurie Chilcott (Smith Chilcott Bertelsen Harry, moving over the weekend from the General Building up Shortland St to Shortland Tower 1 11th floor) was appointed receiver on 11 June of Parkbrook Holdings Ltd (Rudolf Gitmans, also director of Fabrications NZ Ltd, Spencer Fabrics 1991 Ltd, Parkstone Holdings Ltd, Airmyn Investments Ltd, the last in liquidation, and a former director of Fifer Residential Ltd, & Myrle Alexander, also director of Airmyn, and of Fluffy Duck Ltd and Proprius Holdings Ltd with Paul Graeme Alexander, Runymede Forty Ltd, Muzbak Corp Ltd with Julie Alexander, and 2 of Ken Wikeley’s Power Pacific companies, Power Pacific Corp Ltd and Power Pacific Scope Ltd).

Inland Revenue applied on 29 April to wind up Harts Contributory Mortgages Ltd, part of the Harts mortgage group taken over from Brisbane accountant Steven Hart by Dorchester Pacific Ltd (managing director Brent King is director of this company). The application will be heard in the Auckland High Court on Thursday 27 June at 10am. Harts Accounting Group Ltd (the other side of the group, Steven Hart still the director) was wound up on 5 June with Laurie Chilcott & Peter Chatfield (Smith Chilcott Bertelsen Harry) appointed as liquidators. Mr Chilcott expected a swift creditors’ meeting for Harts Accounting (this Friday 14 June at 10am), with no creditors in sight.

Exotic Building Supplies Ltd applied on 27 May to wind up Betta Building Ltd (Wayne Smith, Hillsborough). The application will be heard in the Auckland High Court on Thursday 11 July at 10am.

Inland Revenue applied on 30 April to wind up Pacific Product Brokering Ltd (Stephen & Diana Douglas; Mr Douglas is also a director of Marketing & Distribution Gulf Harbour/Hinuera/Manly/Taupo Ltd). The application will be heard in the Auckland High Court on Thursday 27 June at 10am.

Independent Cranes Ltd (Donald Crowe, Thames, also director of Coast Site Welding Ltd and Coast Site Welding & Rigging Ltd) went into voluntary liquidation on 10 June, with Graeme McDonald & Iain McLennan (McDonald Vague & Partners) appointed liquidators. Creditors must file proofs of debt by Friday 12 July.

Markbridge Ltd (Mark Cooper & David Bridgman) went into voluntary liquidation on 11 June, appointing Rob Hargrave (Hargrave Munn Teague Ltd) as liquidator. Creditors must file proofs of debt by Wednesday 10 July, and the liquidator intends to apply to have the company removed from the Companies Register in 30 days. Mr Cooper’s companies now include Cooper Group Ltd and Northstar Property Group Ltd. Mr Bridgman’s include Pulsatilla Properties Ltd.

Mars Engineering Ltd (Rita Anand & Miela Tupo) went into voluntary liquidation on Tuesday 11 June, appointing Gilbert Chapman as liquidator. Creditors must file proofs of debt by Wednesday 10 July. The company faced an application from Merlo Burgess & Co to wind it up, due to have been heard in the High Court this Thursday 13 June.

Inland Revenue applied on 2 May to wind up Merris Investments Ltd (struck off the Companies Register 31 March 2001; directors David Styles, bankrupted last October, & Ivan Talaic, bankrupt from February 1995-98). The application will be heard in the Auckland High Court on Thursday 27 June at 10.45am. Both men were also directors of Tribeca Properties Ltd (wound up last week) and Ponsonby Corp Ltd (also in liquidation), and Mr Styles is a former director of numerous other companies, including New York Property Group Ltd and Trojan Properties Ltd (both in liquidation) and Trans Tasman Hotel Corp Ltd.

11 June 2002

Morris & Young Ltd (previously named Iles & Campbell Ltd, director Dennis Maddern; the company is part of the Harts Accounting group being wound up or, for some parts, restructured under the new management of Dorchester Pacific Ltd) went into voluntary liquidation on 7 June, appointing Laurie Chilcott & Peter Chatfield (Smith Chilcott Bertelsen Harry) as liquidators. Creditors must file proofs of debt by Thursday 4 July.

Douglas Drainage Ltd (Ben Douglas) faces liquidation at the hands of NZ Cashflow Services Ltd (Wally Britton, also director of Accounts Enforcement Ltd) in the Auckland High Court on Thursday 27 June at 10.45am.

Earthsystems Ltd (Kevin & Susan Marks, Orewa) faces liquidation at the hands of NZ Cashflow Services Ltd (see above) in the Auckland High Court on Thursday 4 July at 10.45am.

Green Gulf Homes NZ Ltd (Alan Linton, also director Thorngate NZ Ltd) faces liquidation at the hands of W Stevenson & Sons Ltd in the Auckland High Court on Thursday 27 June at 10am.

Anthony McCullagh was appointed on 20 May as receiver of Eternal Investments Ltd (Waari Ward-Holmes, 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, & Janus Kubs, also director of JK Management Services Ltd, Eternal Water NZ Ltd and Eternal Plant Ltd, and former director of R Jerard Decorators Ltd and Kaiwaka Springs Ltd). Eternal Investments was incorporated last June. The receivership was called under a debenture issued last September in favour of the proprietors of Matauri X.

Citius Ltd (Debra McCool) went into voluntary liquidation on 7 June, appointing Gerry Rea & Paul Sargison (Gerry Rea Associates) as liquidators, after a legal battle with Altius Ltd (Ray O’Connor). Creditors must file proofs of debt by Friday 12 July.

Inland Revenue applied on 24 May to wind up 327 Adelaide Road Ltd (Symon Peters of the collapsed Citywise Group). The application has been set down for hearing on Thursday 25 July at 10.45am.

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U: The names behind the action, week to 29 December 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.

26 December 2002

Project Solutions NZ Ltd (Daryoush Mahmoudi Ghaleh/Daryosh Mahmaudi Galeh) and L&D Investments Ltd (Lane Sadler & Mr Ghaleh) went into liquidation on 20 December, appointing Gerard Hulst as liquidator. Creditors should file claims by Thursday 20 February. Mr Ghaleh is also a director of Sante Fe Corp Ltd with Peter & Joanne Finlay, Albany, of Legacy NZIB Group Ltd, Legacy Group Ltd, in liquidation, and formerly of Legacy Immigration Ltd, Shomal Ltd and Dorento Café Ltd

Start 209 Ltd (Peter White) went into liquidation on Christmas Eve, appointing Peter Brannigan as liquidator. Start 209 settled with Wiri Timber Mt Roskill Ltd at the beginning of September, then Cynotech Securities Ltd applied to wind it up on 13 September. That application was set down for hearing in the Auckland High Court on Monday 13 January. Mr White is also a director of New Start Developments Ltd and Elm Holdings Ltd, in liquidation.

Gerard Hulst was appointed on 20 December as receiver of St Clair Park Ltd (John Ede), replacing previous receiver Anthony McCullagh (Horwath Corporate Auckland Ltd). Previous 2 stories: McCullagh appointment
5 Ede companies in receivership & 1 faces liquidation

24 December 2002

Marcus Julian Friedlander has filed a debt-compromise proposal under part XV of the Insolvency Act. Provisional trustee Jeff Meltzer (Meltzer Mason Heath) has called a creditors’ meeting for Thursday 23 January at 11am at his office, Ace Insurance building, 345 Queen St. Mr Friedlander is a former director of Performance Brokers Ltd, Instant Car Finance Ltd, North Star Finance Ltd, Fleet Inc Ltd, PB Management Ltd, Brumby Investments Ltd, Challenging Holdings Ltd, Satellite Enterprises Ltd, Goodall Investments Ltd, various Chances companies, NZ Jade Co Ltd, The Que Club Ltd, The Cue Club Ltd and Beyond Group Ltd. He remains a director of Southwood Investments Ltd, Satellite Investments Ltd and Kittson Holdings Ltd. Mr Friedlander lost 2 appeals in the Court of Appeal in August, 1 in which he was found liable without limit as covenantor of a $1.8 million loan from Stari Holdings Ltd (Tony Covic) to help the $12 million sale of Covic Motors land at 131 Lincoln Rd in 1999. The sale fell through. Various properties owned by trusts, of which Mr Friedlander was a trustee, were secured as collateral. Mr Friedlander came in to support Tim Bartells in that deal and in another for the sale of the Devonport cinema complex, again not settled. Mr Bartells was bankrupted in April 2000.

Eastlight Services Ltd (Newmarket accountant Allan Gilligan & Caroline Gilligan) went into liquidation on 20 December after a name change on 3 December. Gerry Rea & Paul Sargison (Gerry Rea Associates) were appointed liquidators. Creditors must file claims by 25 January, which is a Saturday. The company began life in 1985 as the Gilligan Trading Co Ltd. It changed its name in 1987 to AGH Gilligan & Co Ltd, in 1995 to Gilligan & Co Ltd, in 1996 to New Business Resources Ltd, in 1997 to Gilligan & Co Chartered Accountants Ltd, in 1998 back to Gilligan & Co Ltd, and on 3 December 2002 to Eastlight Services Ltd. The liquidation announcement gave no indication of its past life. Mr Gilligan is a former director of listed company Dorchester Pacific Ltd and subsidiaries, and current director of CPA Financial Services Ltd, Gilligan Technology/Financial Planning/Office Services/Financial Services Ltd, Newmarket 1998 Ltd, Entrepreneur Business Centre Ltd, Amerex NZ Ltd, Phillips & Smith Ltd and Phillips & Smith Properties Ltd.

Thom Marketing Ltd (Murray & Sondra Thom, also MT 1997 Ltd, which was previously Personalised Plates Ltd, and Thom Music Ltd) went into voluntary liquidation on 19 December, appointing Gary Hitchcock (Horwath Porter Wigglesworth Ltd) as liquidator.

John Buchanan (Buchanan & Associates), appointed liquidator of The Avenue Builders Ltd (Brent Clode) on 18 December, has given notice to creditors to file claims by Friday 31 January.

Parry Court Lodge Ltd (Alistair Sutherland, formerly of Walkers Advertising Ltd, TMP Worldwide eResourcing NZ/Industrial NZ Ltd, now also Sutherland Trustees Ltd and Bond Street Investments Ltd) filed a certificate of solvency & went into voluntary liquidation on 20 December. The company had stopped trading. Jeff Meltzer & Karen Mason (Meltzer Mason Heath) were appointed liquidators. Creditors must file claims by Tuesday 4 February.

Bradley’s Buildings Ltd (Beverley Seymour & Ellen Alexander) was wound up by its shareholders on 18 December after realising its assets. Jeffrey Couch (JN Couch & Associates Ltd) was appointed liquidator.

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U: The names behind the action, week to 10 November 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.

9 November 2002

Jim Piper (trading as Pipers patent & trademark attorneys)’s application to wind up Gemtech Corp Ltd (Anthony & Vivienne Wondergem) was settled & struck out in the Auckland High Court on Thursday. Gemtech is a rotary engine company. The 2 directors, plus Neil & Valerie Wondergem, are variously directors of Wondergem Developments/Holdings Ltd, Gemco 21 Ltd, Engine 21 Corp Ltd, Rev Group Ltd and, incorporated on 18 September, 2’N’1 Engine Ltd.

AMP NZ Property Retail Ltd’s application to wind up DMB Entertainment Ltd (Hugh McIver, also director of Fubu NZ Ltd, wound up in April, K-1 NZ Ltd, DMB Management Ltd & HRM Properties Ltd) was settled & struck out in the Auckland High Court on Thursday.

Concept Holdings Ltd (Selwyn Currie, Warkworth, also Combi Enterprises Ltd and Clayton Enterprises 2001 Ltd) was wound up in the Auckland High Court on Thursday on the application of Wharehine Contractors Ltd. CR Horton & JA Price were appointed liquidators.

Central Ventures Ltd (formerly Central Station Records NZ Ltd; director David Hook, also of 3 Judder Bar companies, 2 in liquidation, Space Investments Ltd, Khamsin Properties Ltd and Regis Properties Ltd) was wound up in the Auckland High Court on Thursday on the application of Jands Electronics NZ Ltd. The Official Assignee was appointed liquidator.

Shag Lake Farm Ltd (previously named Tikitere Springs Estate Ltd, director Barry Brill, former National cabinet minister and McAlpine Industries Ltd & UnitedNetworks Ltd director) won an adjournment to Thursday 5 December at 10am when Steel & Tube Ltd’s application to wind it up came before Master John Faire in the Auckland High Court on Thursday. Master Faire said Shag Lake Farm needed to turn up with a proposal at the next hearing or it would be wound up.

Export Design Services Ltd (Geoff Abbott, an independent Auckland City councillor who mostly supports the controlling Citizens & Ratepayers Now group, deputy chairman of the Maungakiekie community board and also director of Abbott Holdings Ltd, Business Consultants Auckland Ltd, Intercostal Marketing Enterprises Ltd, VC Capital Investments Ltd, and former director of various companies, including Your Business Doctor Ltd) was wound up in the Auckland High Court on Thursday on the application of Westpac Banking Corp. Grant Graham & Steve Lawrence (Ferrier Hodgson) were appointed as liquidators. Also wound up on Westpac’s application was Simply Auckland Holdings Ltd, which has no current directors on the register. Mr Abbott is a former director and the company is still registered at his office in Onehunga. The same liquidators were appointed.

Estancia Ltd (Beatriz Hugill, also Rodney Investments Ltd) settled with Wiri Timber Mt Roskill Ltd and the application to wind up Estancia was struck out.

Link Communications 2001 Ltd (Warren Hurst, also of Fast Rent, Eurosport Ltd, Voice Edge Ltd, Total Technology Solutions Ltd, Electronic Transaction Networks Ltd, Semple Investments Ltd and Enigmatic Enterprises Ltd, and formerly of TNS Cablecraft Ltd) was wound up in the Auckland High Court on Thursday on Inland Revenue’s application. Gerard Hulst was appointed liquidator. Link Communications Ltd (separate company, struck off the register in September) has an application before the court to wind up another Hurst company, Integrated Technologies Group Ltd, set down for hearing on Thursday 19 December.

Planet Burger Franchise System Ltd (Philip Horrocks, also International Franchise Group Ltd, Snack Attack Ltd, Snack Systems NZ Ltd and Franchise Management Ltd, & Bernard Crosby, also International Franchise Group, Snack Systems, Snack Attack, Pro-life Foods Ltd, Alisons Choice Ltd, PLF Contracting Ltd and Kiwi Brands Ltd) settled with Equipment Finance Ltd and the application to wind the franchise company up was struck out in the Auckland High Court on Thursday.

Yukich Brothers Ltd (Ivan Yukich, also Rock & Concrete Mobile Crushing Ltd, Westgate Landfill Ltd and Railscape Landscaping Ltd, & Anthony Yukich, also Rock & Concrete and Westgate Landfill) survived the application of Works Infrastructure Ltd to wind it up in the Auckland High Court on Thursday with a settlement agreed, but was wound up a few minutes later on the application of HG Leach & Co Ltd. D Blanchett & PR McLean were appointed liquidators.

CDS Electrical Ltd (Christopher Tuck, also CDS Electrical 2002 Ltd) had Redeal Ltd’s application to wind it up adjourned for advertising & settlement to the Auckland High Court on Wednesday 5 February at 10.45am.

Edserv Ltd (Shaun Singleton & Graham Clausen, also directors of CPSS Holdings Ltd; Mr Singleton is also a former director of The Cleaning Depot Ltd) won an adjournment in the Auckland High Court to Thursday 5 December at 10.45am to set the timetable for a defended hearing of Inland Revenue’s application to wind it up. At the previous hearing the company was granted an adjournment to produce a sale agreement for the company’s business and so avoid liquidation.

Inland Revenue had Homecare Auckland Ltd and Medforce Management Ltd (Geoffrey Henry) wound up in the Auckland High Court on Thursday. The companies were already struck off the Companies Register, and Mr Henry’s other 2 Medforce companies are also in liquidation. Richard Agnew & Vivian Fatupaito were appointed liquidators.

J&F United Ltd (previously called Penrice Industries Ltd, directors John & Fiona Stares, Cambridge, also Penrice Leasing/Supreme Products Ltd, Brynfield Farm Ltd) went into liquidation on 6 November, appointing Michael Clarke as liquidator.

Inland Revenue applied on 24 September to wind up General Capital & Commerce Ltd (Peter Harris, also Warbrook Nominees Ltd, Oceanic Capital Ltd, Auckland Truck Centre Ltd, Marine Sound & Security Ltd, Alliance Securities Ltd, Topstar Investments Ltd, Mid-West Securities Ltd, Fremont Holdings Ltd, in liquidation, formerly of International Casualty & Surety Co Ltd, in liquidation, and a few other companies). The application will be heard in the Auckland High Court on Thursday 21 November at 10am.

Inland Revenue applied on 11 October to wind up JCL Interisland Transport Ltd (Peter James Haskett, Manurewa, director of a number of transport companies, also Real Estate Holdings Ltd, wound up on the IRD’s application in February, James Credit Ltd, struck off the Companies Register in January, and James Credit Real Estate Ltd, struck off in 1998).

A meeting of creditors of Lakeland Wealth Creators Ltd (director Margarite Papple) and Wespap Ltd (William Papple) will be held on Thursday 21 November at 11am in Rotorua, at the Prince’s Gate Hotel & Apartments, 1057 Arawa St. The 2 companies were wound up in the Rotorua High Court on 21 October on the application of Companies Office investigator John McPherson. Vivian Fatupaito & John Waller (PricewaterhouseCoopers, Auckland) were appointed liquidators, after being appointed interim liquidators on 4 September. The Securities Commission issued a statement on 4 September banning advertisements for an investment scheme promoted by the 2 companies. The commission estimated $8 million had been paid into the scheme. Click for story on ban.

Currin Builders Ltd (Melvyn Currin, also formerly a director of Dual Company Ltd, now part of Edwin March’s March Construction Ltd group) has gone into liquidation, appointing Steve Lawrence & Brendon Gibson (Ferrier Hodgson) as liquidators. Creditors must file claims by Wednesday 27 November.

Creditors of Mountain View Developments Ltd (a Graeme Raymond company, taken over by Ian Norrie) replaced 1 of the company’s liquidators, Jane Laking (Credit Link Ltd, Wellington) with Graeme McDonald (McDonald Vague & Partners, Auckland) on 23 October. Ian Caddis (Credit Link) remains a liquidator. Consolidated Joineries Ltd (Ian & Cindy Sue Norrie) called a meeting of creditors on 14 October to get support for a change in liquidators.

8 November 2002

RO Norman Contractors Ltd (Ross Norman, also RO Norman Holdings Ltd) went into liquidation on 4 November, appointing John Whittfield & John Vague (McDonald Vague & Partners) as liquidators. Creditors must file claims by Thursday 5 December.

World Pop Trading Ltd (Hwang Young Seob & Hwang Mun Sook) applied on 22 August to wind up USA Plus International Co Ltd (Ryong In-kyu Park). The application will be heard in the Auckland High Court on Thursday 14 November at 10am. USA Plus Glenfield/Manukau/St Lukes/WestCity Co Ltd (Catharina Lion, with Hong Sung Bum in the Glenfield company), are entirely separate companies owned by Catharina Lion.

District Holdings Ltd (Dwayne McGorman, also North Harbour Superannuation Investments Ltd and Prophet Estates Ltd, & Mark Hotchin, also Elders Finance Ltd and associated companies, Hanover Financial Services Ltd, Matarangi Holdings Ltd and related companies, Lifestyle Investments International Ltd, Axis Property Group Holdings Ltd, Axis Wolfe Developments Ltd and various other companies) and Caspian Investments Ltd (Phil Newland & Maurice Kidd, of Cullen Investments Ltd and numerous related companies) went into voluntary liquidation after completing certificates of solvency on 30 October. David Vance & David Petterson (McCallum Petterson, Wellington) were appointed liquidators. Creditors must file claims by Monday 9 December.

6 November 2002

Black Rock Construction Ltd (Keith Bawden, also Waterguard Services Ltd and Challenge Construction Ltd, & Victoria Bawden) and Concrete Ltd (Keith Bawden) both went into liquidation on 4 November, appointing Jeff Meltzer & Mike Lamacraft (Meltzer Mason Heath) as liquidators. Creditors must file claims by Wednesday 4 December.

North Shore Holdings Ltd (Lloyd Passey & Alan Barrow of Deacon/Bramber Holdings Ltd) went into liquidation on 15 October, appointing John Vincent (JMV Chartered Accountants Ltd, North Harbour) as liquidator. Creditors must file claims by Monday 2 December.

Hynds Pipe Systems Ltd applied on 6 September to wind up Universal Corp Ltd and advertised on 5 November that its application would be heard in the Auckland High Court on Thursday 21 November. Universal went into liquidation on 14 October.
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Total Fire Protection Ltd applied on 11 October to wind up Sigma Developments Ltd (in receivership; director Maurice Buckley). The application will be heard in the Auckland High Court on Thursday 21 November at 10.45am.

5 November 2002

Westfield NZ Ltd has appointed a deputy director — Andrew Davidson, Woolworths NZ chief executive for the past 4 years. Mr Davidson will be responsible for overseeing the centre management, leasing and marketing departments of Westfield’s New Zealand business.

4 November 2002

Pat Rippin’s invitation to Markham Group’s Christmas party didn’t mention that guests were to be part of the show, but there I was, up on the stage & catwalk at The White House on Queen St, obligingly helping the leading lady improve the performance. The choice of helper seems to spring from women’s desire to keep a man’s glasses clean. Unfortunately there was no room on the catwalk for a second team in the wheelbarrow race, so we won that, easing up. Aside from the amateurs, the choreographed show was a class act. Pat’s not renowned for being politically correct, but he will be noted for 1 of the more memorable Christmas parties, and that before the season has even begun.

Village Restaurant Ltd, Fairy Springs Enterprises Ltd and Tutanekai Enterprises Ltd (Philip Mules, Westgate, also Leisureworld Ltd, Kart-o-Mania Rotorua Ltd, Wellington Security Storage Ltd, GH Lodge Ltd, incorporated in Rotorua on 30 September, and Hagrid 2001 Ltd) were wound up on 29 October, with Jeff Meltzer & Karen Mason (Meltzer Mason Heath) appointed liquidators. Creditors must file claims by Monday 2 December.

Parecon Finance Ltd and Rawiri Properties Ltd (Brett Cooper & Anton Koning, also Balmoral Properties and Industrial Property Management Ltd, among others) went into liquidation on 30 October, with Raymond Burgess appointed liquidator. Creditors must file claims by Friday 29 November.

Timbal Holdings Ltd (Denton Spinley, also Denton Laurence Ltd and Stallion Holdings Ltd and formerly of Clubwize Ltd) went into liquidation on 30 October, appointing Raymond Burgess as liquidator. Creditors must file claims by Friday 29 November.

Porchester Trustees Ltd (Raymond Burgess) went into liquidation on 30 October, with Esther Samuel appointed liquidator. Creditors must file claims by 29 November.

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U: The names behind the action, week to 17 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. 17 February 2002 Inland Revenue has applied to wind up Real Estate Holdings Ltd (Peter Haskett, Manurewa) and Cleary Planning Services Ltd (Peter Cleary, also a director of Cleary Financial Services Ltd), the applications to be heard in the Auckland High Court on Thursday 28 February at 10am. Inland Revenue has applied to wind up Orimbah Gardens Ltd (Christine Forsyth, Pakuranga), the application to be heard in the Auckland High Court on Thursday 14 March at 10.45am. The companies register shows Orimbah was struck off the register on 20 June 2001. Soul Train Café Ltd (John James Penny) was wound up on Monday 4 February, with Dennis Parsons & Katherine Kenealy (Indepth Forensic Ltd, Hamilton) appointed liquidators. Fletcher Concrete & Infrastructure Ltd (the Firth division) has applied to wind up Kapiti Coast Garages Ltd (Peter Krivan, also a director of Garage & Cottage Builders Ltd). The application will be heard in the Wellington High Court on Monday 25 February at 10am. 11 February 2002 Progressive Enterprises Ltd (Ted van Arkel), through subsidiary Caledonian Leasing Ltd, filed an application on 30 January to wind up Wilson Neill Corp Ltd (Maurice Crosby & John Vosper). It will be heard in the Auckland High Court on Thursday 7 March at 10.45am. Sika Technology Ltd (David Hill) filed on 21 December to wind up Infront Consultants Ltd (Mark Fitzpatrick & Ian Souster). The application will be heard in the Auckland High Court on Thursday 28 February at 10.45am. The first liquidator of LL&P Interior Concepts Ltd (Lexia Le Haavre, trading as Le Haavre Interior Concepts), accountant Colin Devcich, has handed the job over to Graeme McDonald & John Whittfield (McDonald Vague & Partners). They’ve extended the date for accepting proofs of debt from Monday 18 to Friday 22 February. Lance Dixon Kitchens Ltd (Jennifer Dixon) was wound up by shareholder resolution on 7 February, with John Price & Christopher Horton appointed liquidators. Creditors must file proofs of debt by Friday 5 April. Lance & Jennifer Dixon are also directors of The Kitchen Doctor Ltd and Nelsons Ltd, and were directors of Lifestyle Kitchens Ltd (also in liquidation). 

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U: The names behind the action, week to 7 April 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.

4 April 2002

Stanley Construction Ltd (Don & Garry Stanley)’s application to wind up Tikitere Springs Estate Ltd (Barry Brill, former National cabinet minister, and former McAlpine Industries Ltd and UnitedNetworks Ltd director) was enlarged to Thursday 2 May when it came before Justice David Baragwanath in the Auckland High Court liquidation list today. The application was filed on 10 October 2001 and an advertising restraining order was imposed on 24 January. Not mentioned in court was that the company has changed its name, to Shag Lake Farm Ltd. Don Stanley was also a UnitedNetworks director, and chairman of predecessor Power NZ. Family interests, based in Matamata, include Prior Park Property Ltd, DJ Stone Ltd, Hardware.com Ltd and Jennian Homes North Shore Ltd.

163 Broadway Ltd (Richard Coon & Neville Darrow, Sovereign Ltd) agreed to an adjournment to Thursday 2 May for its application to wind up Golden Wok Ltd (Raymond Fong) after entering settlement negotiations.

Wildfire Specialty Restaurant Systems Ltd (Nils & Susan Danielsen)’s application to wind up Milano Restaurant (Viaduct Harbour) Ltd (Linda Bleakley) was struck out after settlement was reached.

Dallan Enterprises Number 50 Ltd (John Joseph Storey & Mandhir Singh Gujral) played hardball on the last drops of payment today, presenting a $154,000 cheque to Arren Civil Ltd (Colin Arnott & Roger Purdy) as Arren’s application to wind Dallan up went before Justice David Baragwanath in the Auckland High Court. Missing from the payment cheque was $6500 which Dallan disputed. Arren won a Court of Appeal decision last year for the whole amount. Justice Baragwanath sent the parties off to write down their positions succinctly; I left the court before resolution, but figure liquidation was unlikely.

Detection Systems – EDM NZ Ltd’s application to wind up Alarmlock Security Ltd (John Tomlinson, also Alarmlock Waikato Ltd & Alarmpage NZ Ltd) was struck out after settlement.

The application of the Comptroller of Customs to wind up Walker Equipment NZ Ltd (Steven Rayne, also director of Jacob Crushing & Screening Ltd, Recycling & Recovery Ltd, and Coastal Bulk Shipping Ltd) was struck out after settlement.

Allied Work Force Hamilton Ltd’s application to wind up Eastside Construction Ltd (Norman Leman) was adjourned in the Auckland High Court today to Thursday 2 May, to allow for consideration of a creditors’ compromise scheme.

Tyco Building Products Pty Ltd had Link Distributors Ltd (in receivership; director Jack Lockhart is also director of Link Distributors NZ/Link Distributors Holdings/Link Building Systems Ltd, and Alotech Walls & Ceilings Ltd) wound up in the Auckland High Court today over a $26,000 debt. Alotech’s liquidator, Bernie Montgomerie, pursued a highly publicised action to wind up Hartner Construction Ltd one year ago over $1.3 million owed to Alotech, then became embroiled in a dispute with Mr Lockhart over money passed from Alotech to Link. That statutory demand action by Mr Montgomerie was due back in the High Court later in the day, but Justice David Baragwanath struck it out after making the liquidation order.

McConnell Dowell Constructors Ltd’s application to wind up Kitchener Construction Ltd (David Henderson) was adjourned to Thursday 2 May. The application was based on a statutory demand for which Justice Rhys Harrison had rejected a Kitchener application for setting aside. That’s been appealed to the Court of Appeal. A stay of execution is to be heard in the High Court on Wednesday 10 April.

Inland Revenue’s application to wind up Poseidon Systems Ltd (Mark Herman) over a $27,000 debt was successful, despite the complication of Poseidon’s having been struck off the Companies Register last June. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators.

Inland Revenue had Commercial Concrete Ltd (Terence Horne, also a director of Concrete Equipment Hire Ltd, and previously of Concrete Equipment 1998 Ltd, which was struck off the register in 2000) wound up over a $47,000 debt. Richard Agnew & Judith Fatupaito (PricewaterhouseCoopers) were appointed liquidators.

Inland Revenue’s application to wind up Gin Point Park Ltd (previously named Point Marina Park Ltd; directors Susan Hamilton & Myles Prestidge) was adjourned to Thursday 2 May because settlement negotiations are under way. Other Prestidge companies include Fairhall Finance/Securities Ltd, Awon Finance Ltd, Cnr Properties Ltd & Kaizen Properties Ltd, all registered in Hamilton, and Yates Rise Ltd (with Allister Knight & Murray Alcock) in Auckland. Ms Hamilton is also a director of Kitchener Homes Ltd, Plascrete Ltd, Hammac Holdings Ltd (with David Macdonald) & Luckens Ltd (with Roko Urlich). She was also previously a director Kawau Bay Estate Ltd, now headed by Paul Adams of Tauranga, which has a waterfront subdivision at Sandspit.

Listed company Wilson Neill Corp Ltd and restaurant chain subsidiary Cobb & Co Ltd were wound up in the Auckland High Court today, on the respective applications of Gosling Chapman and Caledonian Leasing Ltd. In a separate action, Wilson Neill’s directors called in John Cregten as receiver. There was a question over whether John Waller & Judith Fatupaito (PricewaterhouseCoopers) should be liquidators of the whole group. One creditor, Omni Group Ltd, had sought Gerry Rea & Paul Sargison (Gerry Rea & Associates) as liquidators of Cobb & Co because the interests of the subsidiary’s creditors didn’t necessarily coincide with those of the parent company. That issue was to be resolved after I left court.

Gillain Enterprises Ltd (Francois Gillain) was wound up on the application of KC Computer Services Ltd over a $9000 debt.

Paramount Properties Ltd (Ian George Fistonich, of various Paramount companies, Forest Hill Properties Ltd & Silver Fern Trading Ltd, and Richard Coates) was wound up on the application of Inland Revenue over a $58,000 debt. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators.

Todd Henry Enterprises Ltd applied on 7 March to wind up Thermal Systems Ltd (Henry Bellamy, Onehunga, also a director of Radtech 2000 Ltd). The application will be heard in the Auckland High Court on Thursday 18 April at 10.45am.

The Jeff Roberts No 1 Family Trust applied on 7 March to wind up Hong Sung Properties Ltd (incorporated last July, director Oh Kook Hwan is also a director of Korpac Trading Co Ltd, registered in 1994, with Oh Jung Soon). The application will be heard in the Auckland High Court on Thursday 18 April at 10am.

Energy Insights Ltd (Alexander Miln & Sean Levy) went into voluntary liquidation on 27 March, appointing Bryan Williams, Taupaki, as liquidator. Creditors must file proofs of debt by Monday 22 April.

Broadway Investments Ltd (Warren Tuohey & Denis Black) applied on 20 February to wind up New Commercial Co Ltd (formerly Square One Service Group Ltd, director Denise Thomas). The application will be heard in the Auckland High Court on Thursday 18 April at 10am.

Hornby Ltd (Josip & Vica Marinovic, also Massey Gardens & Orchard Ltd, Sharenko Corp Ltd) went into voluntary liquidation on 27 March, with Kiran Dutt, of the firm’s accountants McElroy Dutt & Thompson, appointed liquidator.

Former Pacific Rise development team Brett Cooper, Gary Swindale & Patrick Fontein have put some of their companies in liquidation — Pacific Office Park Ltd, Balford Properties Ltd, Property Finance (Pacific Rise) Ltd, Pacific Rise (Whangamata) Ltd and Trans Consulting Ltd. Raymond Burgess was appointed liquidator. Creditors must file proofs of debt by Tuesday 30 April.

3 April 2002

The 90 people at Bayleys Real Estate’s national conference in Queenstown last week raised more than $70,000 through a charity auction for a local trust to help young people of the Wakatipu area. The trust honours local identity Bruce Grant, who died on the K2 mountain in the Himalayas. Last year’s conference raised $50,000 for Women’s Refuge. Top item at the 2002 auction was dinner for 12 at home with John & Maxine Bayley, which fetched $6000.

AB & S Sheetmetals Ltd applied on 22 February to wind up NA Koppers Engineering Ltd (Nicholas & Lynette Koppers). The application will be heard in the Auckland High Court on Thursday 18 April at 10am.

Coolwave NZ Ltd (Simon Day & Julie Booth, Christchurch) applied on 29 January to wind up Hi There Ltd (Auckland City Council public relations man Peter Verschaffelt & Lynne Carter, formerly of Haines House Removals Ltd & related companies, now director of Retrac Ltd, Paradise Cove Ltd & Munga Munga Nui Ltd). The application will be heard in the Auckland High Court on Thursday 11 April at 10am.

Inland Revenue applied on 4 March to wind up Pacific Highliners Ltd(Michael & Jean Dellow, Whangateau; the Companies Register shows this company was struck off on 14 June 2001). The application will be heard in the Auckland High Court on Thursday 18 April at 10.45am.

Inland Revenue applied on 13 March to wind up RSM Developments Ltd (Michelle McRae, Waiheke). The application will be heard in the Auckland High Court on Thursday 18 April at 10am.

Whitcoulls Office Products Ltd applied on 23 January to wind up Bellbird 2002 Ltd The application will be heard in the Auckland High Court on Thursday 18 April at 10am. Bellbird 2001 appears on the Companies Register, but Bellbird 2002 doesn’t.

Dargaville Machinery Centre 2000 Ltd (in liquidation; director Leo Kensington) was placed in receivership on 26 March by Mr Kensington, holder of a debenture issued by the Bank of NZ in November 2000 & assigned to him on 15 March 2002. Brett Hoddle (Brett Hoddle Consultants, Pueblo, Botany Downs) has been appointed receiver.

Rapid Metal Developments NZ Ltd applied on 18 March to wind up Formwork Construction Ltd (David & Rochella Lilley). The application will be heard in the Auckland High Court on Thursday 11 April at 10am.

Inland Revenue applied on 13 March to wind up Te Kotuitanga Trust (no directors listed; the trust is based in Avondale; the Te Kotuitanga Co-operative Society Ltd, also of Avondale, also has no directors listed). The application will be heard in the Auckland High Court on Thursday 11 April at 10am.

Paragon Business Finance Ltd (Doug Somers-Edgar of Money Managers) was wound up by its shareholders on 27 March, with a solvency certificate filed. Creditors must file proofs of debt by Tuesday 30 April with liquidators Jeff Meltzer & Karen Mason (Meltzer Mason Heath).

Transition 2000 Ltd (Barry & Janice Blamey) went into voluntary liquidation on 26 March, appointing Marsden Robinson, Mayoral Drive, as liquidator. Creditors must file proofs of debt by Tuesday 30 April.

Continue Reading

U: The names behind the action, week to 13 October 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.

12 October 2002

Companies Office investigator John McPherson applied on 3 September to wind up Lakeland Wealth Creators Ltd (Margarite Papple) and Wespap Ltd (William Papple). The applications were filed in the Tauranga High Court but will be heard in the Rotorua High Court on Monday 21 October at 10.45am. Vivian Fatupaito & John Waller (PricewaterhouseCoopers) were appointed interim liquidators on 11 September. The Securities Commission issued a statement on 4 September banning advertisements for an investment scheme promoted by the 2 companies. The commission estimated $8 million had been paid into the scheme. Click for story on ban.

Quest Communications Ltd (Bruce Herbert & Nigel Colling) went into voluntary liquidation on 8 October, appointing Vivian Fatupaito & Richard Agnew (PricewaterhouseCoopers) as liquidators. It faced applications to wind it up by Gulf Harbour Town Centre Ltd on 10 October and Inland Revenue on 17 October. Creditors must file claims by 14 January 2003.

Property developer Andrew James Lamont Turner was adjudicated bankrupt in the Auckland High Court on 9 October. Allied Finance Ltd pursued him for personal debt after his companies started collapsing through 2001. Mr Turner is listed as a director of Atlantic Investments/Forestry Group Ltd, SA Developments Ltd, AHC Developments Ltd, Mahia Road Developments Ltd, Chapel Road Developments Ltd (in liquidation), CA Developments Ltd, Parnell Developments Ltd (in liquidation), Auckland Home Co Ltd (incorporated in May 2001) and Southern & Eastern Holdings Ltd (incorporated in September 2001).

Murphy Construction Ltd (John Murphy, Penrose) had the application by Works Infrastructure Ltd to wind it up adjourned in the Auckland High Court to Thursday 31 October at 10am for settlement.

Euroglass Systems Ltd’s application to wind up Jabco Properties Ltd (Keith Brown) was adjourned in the Auckland High Court to Thursday 21 November at 10am after not being advertised.

Hynds Pipe Systems Ltd’s application to wind up Universal Corp Ltd (Shainuz Begum Ayub, Mt Eden, also Delux Developments Ltd, Trendy Group Ltd and Red Chip Financial Ltd) was enlarged in the Auckland High Court to Thursday 21 November at 10am for service & advertising.

Hibiscus Foundation Services Ltd (Karen Moss), struck off the Companies Register in March, was wound up in the Auckland High Court on Thursday on Inland Revenue’s application. Gerard Hulst was appointed liquidator.

IEH Ltd (Bruce England, Roger Hardie), struck off the Companies Register in January, was wound up in the Auckland High Court on Thursday on Inland Revenue’s application. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators. Mr Hardie is listed as director of North Shore Realty Ltd, in liquidation, and a former director of Fortius Ltd. North Shore Realty went into liquidation in 2000 and liquidator McDonald Vague & Partners said in the latest report Mr Hardie had drawn down $128,000 then been declared bankrupt, in October 2000.

The application of Kodesh Corp Ltd (trading as Fisher Windows & Doors) to wind up Structa Ltd (Johannes Konings, also New Start Developments Ltd and 15 Rangatira Road Ltd with Peter White, and formerly of Start 209 Ltd with Mr White) was adjourned in the Auckland High Court to Thursday 21 November at 10.45am for settlement. Start 209 settled a liquidation application against it in September.

Bouman Developments Ltd (William Bouman, Waiuku) settled with Wickett’s Stores Ltd (trading as Cavendish Carpets) and the application to wind it up was withdrawn. Mr Bouman is also a director of Bomac Ltd; DRH Auckland Ltd with Timothy Santner of Cambridge Homes Ltd, David Reid Homes (NI) Ltd and Santner Construction Ltd & Allan Butcher; and formerly of Franklin Architectural Design Services Ltd (Kim Bouman now the director) and Provincial Homes Ltd.

High Court masters have tried over the years to keep a reign on applications before them, not allowing long adjournments but preferring to call parties back to court to ensure the process is being complied with. But there have been changes on the Bench recently and longer adjournments have been sanctioned if it seems settlement will occur within a couple of months. The switch to allowing longer adjournments also means the court timetable isn’t being clogged up by unnecessary (& expensive) appearances. The court has also moved more to having judges & masters managing case files, rather than allocating a file to whoever happened to be sitting on the day. But new master Hannah Sargisson found this week she was doling out 6-week adjournments even when parties (or 1 of them) wanted an earlier return to court, because that’s when she’d be back handling liquidations. With a couple of applications she looked for a shorter adjournment, putting the file before another master. 1 of these was the application by Mortgage Financier Nominees Ltd (Beau Davidson & Dyanne Kokich, Whangarei) to wind up Village Restaurant Ltd (Philip Mules, Westgate, also Fairy Springs Enterprises Ltd, Kart-o-Mania Rotorua Ltd, Leisureworld Ltd and Wellington Security Storage Ltd). When I left the courtroom on Thursday there was an expectation that it might be back in 2-3 weeks.

Ross Brick & Pavers Ltd’s application to wind up Everworth Construction Ltd (Essam Elkhishin) was adjourned to Thursday 21 November at 10.45am for settlement. Mr Elkhishin is also director of Takiron Property Developments Ltd (receivers appointed on 2 September), Takiron Holdings/Intelligent Flooring Systems/Subdivision Ltd, Prime Life Ltd, Pacific Ridge Lifestyle Resort Ltd, Sky Properties Ltd, Sails Café & Bar Ltd, Arlow Holdings Ltd, SCI Holdings/Educational Services/Property Development & Construction Ltd, and Islamic Funding House of NZ Ltd, and a former director of Golden Resorts International Ltd, in receivership.

North Eastern Heights Ltd (Desmond Morris, Pukekohe) went into voluntary liquidation on 7 October, appointing John Whittfield & Graeme McDonald (McDonald Vague & Partners) as liquidators. Creditors must file claims by Friday 18 October. 2 other Morris companies, Cape Hill Heights Ltd and Roseville Developments Ltd, went into voluntary liquidation in August. Other Morris companies are Deslynn Court Ltd, Regional Developments Ltd, CR Walter Farms Ltd, Artique Imports Ltd, Lochview Produce Centre Ltd, North Eastern Heights Ltd, FP Balle Ltd and Pebble Pushers Ltd.

Ballyhoo Else Ltd (Gordon Frykberg, also Oggi Advertising Ltd and Client Promotions Ltd, & Darryl Heaven, also Strung-Up Racket Sports Wholesale Ltd) faces an application from Mr Heaven to have it wound up in the Auckland High Court on Thursday 21 November at 10am. Ballyhoo Else went into receivership on 30 August under the terms of a 1996 debenture to Gregory Walker & Peter Eliot-Cotton. Derek Farrelly was appointed receiver.

McKillop Construction Ltd (Kevin McKillop) went into liquidation on 7 October, appointing Karen Mason & Mike Lamacraft (Meltzer Mason Heath) as liquidators. Creditors must file claims by Friday 8 November.

Wiri Timber Mt Roskill Ltd applied on 17 September to wind up Estancia Ltd (Beatriz Hugill, also Rodney Investments Ltd). The application will be heard in the Auckland High Court on Thursday 7 November at 10am.

8 October 2002

Consolidated Joineries Ltd (Ian & Cindy Sue Norrie) has called a meeting of creditors of Mountain View Developments Ltd (a Graeme Raymond company, taken over by Mr Norrie) to get Mountain View liquidators Ian Caddis & Jane Laking (Credit Link Ltd, Wellington) to resign or be removed by the court, and new liquidators to be appointed in their stead. Mountain View built an apartment project on Mountain Rd, Mt Wellington. The meeting has been called for Monday 14 October at 2.30pm in the Auckland Club library, 34 Shortland St.

The Lang Cove Co Ltd (Brian Robbins & Gary Gwynne) went into voluntary liquidation on 23 September, appointing Gerry Rea & John Leonard (Gerry Rea Associates) as liquidators. Creditors must file claims by Monday 28 October. Mr Robbins is also a director of Darwin Holdings Ltd, Pio Land Co Ltd, Robbins Holdings Ltd, Solitaire International Ltd, Longbow Forestry Ltd, The Tern Point Co Ltd and Venture 2001 Ltd (with Mr Gwynne, at the Pio Shores subdivision south of Waihi), and formerly of Walverton Investment Co Ltd and Global Vermiculture Ltd. Mr Gwynne is also a director of listed company Michael Hill International Ltd; Dress-Smart Properties Ltd and Dress Smart’s Wellington & Australian companies, Supersmart Holdings Ltd, Prime Retail Management Ltd, Redfield Investments Ltd and Takeoute Retail Ltd (all with Dress-Smart’s John Bougen and Argyle Estates’ Graeme Edwards); The Tern Point Co Ltd, Brand Ideas Ltd, St Kilda Property Investments Ltd (incorporated on 28 June) and Tomahawk Land Co Ltd (incorporated on 23 September), and formerly a director of Rodd & Gunn Ltd, R Logan & Sons Ltd, Outdoor Heritage Ltd and its Australian offshoot, Specialty Brands Ltd, Specialty Retail Group Ltd, and Jewelmark Holdings Ltd, which has been in liquidation since 1999.

Bridgecorp Finance Ltd (Rod Petricevic) appointed Jeff Meltzer & Karen Mason (Meltzer Mason Heath) on 2 October as receivers of income from properties held by 5 Terry Smith companies — Durham Property Holdings Ltd (Wellington property), Morrin Investments Ltd (Auckland), Wharf Road Holdings Ltd (Auckland), Merriefield Investments Ltd (Auckland) and Investments Syndicates Inc NZ Ltd. Bridgecorp holds second mortgages on all titles. All 5 Smith companies are in receivership. Mr Smith tried to negotiate last-minute finance for Investments Syndicates in April & May, but it was wound up on Inland Revenue’s High Court application in June.

Housing development company Hammer Properties Ltd (James Henderson, Mangere Bridge) was wound up on 3 October, with the Official Assignee appointed as liquidator. Mr Henderson’s other company, Henderson Installations Ltd, was wound up in the Auckland High Court on 1 August (and again on 8 August, with a different liquidator, but this liquidation would have been nullified).

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U: The names behind the action, week to 17 November 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.

16 November 2002

Langana Construction Ltd (Stuart Jackson, company incorporated on 1 February) went into voluntary liquidation on 13 November after settling with 1 creditor but facing a combined action on 14 November by 7 others to wind it up. Mr Jackson has numerous other companies, from Budget Homes Ltd formed in 1998 to Exclusive Developments Ltd in 1999, various Lifestyle and Jackson companies, Fulham Holdings Ltd, Bassett Properties Ltd, and Jackson Property Group Ltd, which was also formed in February. Curtis Mountfort (Mountfort & Associates) was appointed liquidator of Langana. Creditors must file claims by Wednesday 18 December.

USA Plus International Co Ltd (Ryong In-kyu Park) was wound up in the Auckland High Court on Thursday on the application of World Pop Trading Ltd (Hwang Young Seob & Hwang Mun Sook). Dennis Parsons & Katherine Kenealy (Indepth Forensics Ltd, Hamilton) were appointed liquidators. ( USA Plus Glenfield/Manukau/St Lukes/WestCity Co Ltd (Catharina Lion, with Hong Sung Bum in the Glenfield company), are entirely separate companies owned by Catharina Lion.

Fletcher Concrete & Infrastructure Ltd withdrew its application to wind up Tony Moore Concrete Ltd (Tony Moore, Howick) after settlement.

Sunshine Consultants Ltd (Liu Li, also NZ International Migration & Education Exchange Co Ltd, formed in April, and a company incorporated on 10 October, Liheng Enterprise Co Ltd, & Wang Jing Tai) went into voluntary liquidation on Tuesday 12 November, ahead of an application in the Auckland High Court on Thursday by law firm Russell McVeagh to wind it up. Bryan Williams was appointed liquidator. Creditors must file claims by Friday 29 November. Back at the end of 2000, Sunshine Consultants beat off a North Shore City Council levy when it was trying to open a restaurant on Mokoia Rd, Birkenhead (that story, click here).

Global Cable & Duct 2000 Ltd (Ian Phillips, of Karaka Cable & Drainage Ltd, & Ian Ottaway, of Directional Drilling Services Ltd and related companies) was wound up in the Auckland High Court on Thursday on Inland Revenue’s application. Richard Agnew & Vivian Fatupaito (PricewaterhouseCoopers) were appointed liquidators. Karaka Cable & Drainage went into voluntary liquidation on 18 September, the day before Inland Revenue’s application to wind it up was due back in court. Global Cable & Duct Corp Ltd (Mr Phillips & Mr Ottaway) was incorporated in March 2000 and was wound up on 22 August. Global Cable & Duct (2000) was incorporated in January 2001. Mr Phillips had Phillips Excavations Ltd incorporated on 12 August.

Inland Revenue’s application to wind up Catrona Enterprizes (Kevin Andersen, also Eaglehurst Holdings Ltd, Winslow Group/Developments/Properties Ltd, Prima Properties Ltd, Icon Property Developments Ltd, Urban Developments Ltd, Ulster Properties Ltd, Marsden Villas Ltd, Civil Works Ltd and Arias Group Ltd, and formerly Cavella Systems Ltd, Dryton Holdings Ltd, Armijo Investments Ltd and St George Management Ltd) was adjourned in the Auckland High Court to Thursday 12 December at 10am for a proposal to be put.

Venture capital growth company QED Software Ltd (Douglas Paul & Mark Dossor, for Caltech Capital Partners Ltd & AMP Private Equity Ltd) went into voluntary liquidation on Wednesday 13 November, ahead of an Inland Revenue application in the Auckland High Court on Thursday to wind it up. QED was placed in receivership in January (receivers John Vague & Graeme McDonald) with a $1.7 million estimated deficiency.

T McFetridge Ltd (Terrence McFetridge & Judith McFetridge also McFetridge Holdings Ltd) was wound up in the Auckland High Court on Thursday on the application of the Bank of NZ. Richard Agnew & Vivian Fatupaito (PricewaterhouseCoopers) were appointed liquidators.

Eastside Construction Ltd (Norman Leman, Manurewa) was wound up in the Auckland High Court on Thursday on the application of Fletcher Steel Ltd. The Official Assignee was appointed liquidator.

Thomas Marketing Ltd (Craig Pulman, also of Abrasive Systems Ltd, Chicago Holdings Ltd, Proaction Manufacturing Ltd, Pro Topline Ltd and Pro Topline Holdings Ltd & Sheryl Pulman, also of Abrasive Systems Chicago Holdings and Proaction) went into voluntary liquidation on 5 November, ahead of an application by Greg Picket to wind it up in the Auckland High Court on Thursday.

IT Media Ltd (Tim Connell), a victim of the Wilson Neill Corp Ltd collapse after becoming part of that group, was wound up in the Auckland High Court on Thursday on Inland Revenue’s application, with Richard Agnew & Vivian Fatupaito (PricewaterhouseCoopers) appointed liquidators.

M Sport Ltd (in receivership; directors Barry Fenton, also United Travel Holdings Ltd and numerous related travel companies, & Lyall Williamson, also International Motor Sport NZ Ltd, Rover City of Auckland Ltd, both in liquidation, and several related vehicle companies) was wound up in the Auckland High Court on Thursday on Inland Revenue’s application, with Steve Lawrence & Brendon Gibson (Ferrier Hodgson) appointed liquidators.

Infogate Ltd (John Boswell & David Jenkinson) was wound up in the Auckland High Court on Thursday, with Richard Agnew & Vivian Fatupaito (PricewaterhouseCoopers) appointed liquidators. It was part of the Rattrays Wholesale Ltd Group, which went into receivership in October.

14 November 2002

Patrick Fontein, managing director of Kensington Properties Ltd, took over from Mark Townsend this week as president of the Property Council’s Auckland branch. Mr Fontein formed Kensington n 1996 and has won 2 Property Council excellence awards. He has been on the council’s Auckland executive for 7 years. His work history began with Mainzeal in the 80s, followed by 5 years with Costain Group in London, then consulting to Fletcher Construction and Fletcher Challenge from 1995-99.

Westfield NZ Ltd has appointed Rod Marler as general manager design from January. Mr Marler has been a Hames Sharley group director responsible for that firm’s New South Wales office.

Fletcher Steel Ltd applied on 30 October to wind up KRS Builders NZ Co Ltd (Kiriti Raju). The application will be heard in the Auckland High Court on Thursday 5 December at 10.45am.

The bitter dispute between bookseller John Todd and the Dymocks chain of Australia reached a new point this week, with a hearing date for 3-year-old applications by Dymocks Franchise Systems NSW Pty Ltd to wind up 2 Todd companies. Dymocks applied on 3 August 1999 to wind up Lambton Quay Books Ltd and on 15 June to wind up Bilgola Enterprises Ltd (directors John & Alicia Todd, Bilgola in receivership). Both applications are listed for hearing in the Auckland High Court on Thursday 5 December at 10am.

Hollis Jardine Ltd (David Hamburger, Devonport, also Global Pacific Securities Ltd) went into voluntary liquidation on 12 November, appointing John Leonard & Gerry Rea (Gerry Rea Associates) as liquidators. Creditors must file claims by Thursday 12 December.

13 November 2002

Lightrise Development NZ Ltd ((William) Zen Wei Pao & (May) Ho Yee, also Zen’s Centre Ltd, in liquidation, and Mayflower Building Ltd) has gone into liquidation, appointing John Buchanan (Buchanan & Associates) as liquidator. Lightrise has also been struck off the Companies Register. Creditors must file claims by Saturday 7 December.

Westpac Banking Corp applied on 15 October to wind up Accrue Developments Ltd and on 31 October to wind up Trendy Homes Ltd (Mohammed Ayub). The application to wind up Accrue will be heard in the Auckland High Court on Thursday 5 December at 10am, with Trendy Homes on the 10.45am court list that day. Mohammed Ayub is also a director of United Painting & Decorating Ltd, United Electrical Ltd, Alee Co Ltd and Mod Developments Ltd, and formerly a director of 2 companies now in liquidation, United Painting 1998 Ltd and Universal Corp Ltd, and of Delux Developments Ltd. Shainaz Rafiq is a director of Accrue and of United Painting 1998. Brian Jensen was appointed on 14 October as liquidator of United Painting 1998 and Universal Corp (Shainaz Begum Ayub). Shainaz Begum Ayub is also a director of Delux, Trendy Group Ltd and Red Chip Financial Ltd.

BMS Consultancy Ltd (Denis Fetherston) went into liquidation on 7 November, appointing John Buchanan (Buchanan & Associates) as liquidator. Creditors must file claims by Saturday 7 December. TMS Worldwide Eresourcing NZ Ltd has an application to wind BMS up before the Auckland High Court on Thursday. (Click here for previous story outlining BMS & group details)

6 companies in the Paramount group of Ian Fistonich & Brian Hoffmann went into liquidation on 5 November, appointing Kevin Bromwich & Graeme McDonald (McDonald Vague & Partners) as liquidators. Creditors must file claims by Monday 9 December. Paramount Homes Ltd is the oldest of the 6, incorporated in September 1999. 3 of the others were incorporated in December 2001 — Paramount Corp/Finance/Residential Ltd — and 2 were incorporated on 21 June — Paramount Commercial Ltd and Housing Investments Ltd. Paramount Properties Ltd, incorporated in 1997, was wound up on Inland Revenue’s application at the start of April. Mr Fistonich is also a director of Forest Hill Properties Ltd and Silver Fern Trading Ltd, and is a former director of Riteway Homes Ltd. Mr Hoffmann is also a director of Aqua Technics Pool & Spa Centre NZ Ltd and Brian Hoffmann Ltd. McDonald Vague has filed the 1st report on 1 of the companies, Paramount Homes, on its website, showing it has 7 sections and an estimated $1.16 million deficiency. Mr Hoffmann is shown as a $900,000 unsecured creditor. A meeting of creditors will be held on Thursday 28 November at 10am at the Institute of Chartered Accountants, Ohinerau St, Remuera.

Fairway Constructions Ltd (Michael Cooling, also Glendavar Resources Ltd and formerly of Century Yuasa Batteries NZ Ltd, & Christopher Eden) went into liquidation on 8 November, appointing Steve Lawrence & Brendon Gibson (Ferrier Hodgson) as liquidators. Creditors must file claims by Friday 29 November.

Trevor Cockburn Building Supplies Ltd, trading as Placemakers Dunedin, applied on 15 October to wind up Leda Construction Ltd (Chris de Lautour, 171 Target Rd, Glenfield) into liquidation. The application will be heard in the Auckland High Court on Thursday 12 December at 10am. Mr de Lautour is director of
Leda Construction SI Ltd, Leda Group Ltd, New Homes Ltd and Glenfield Orchard Ltd, and formerly a director of The Home Group Ltd, Collection Corp Ltd, Aspect Developments Ltd, Leda Developments Ltd, Palmtree Properties Ltd, De Lautour & Co Ltd (accountancy firm), Property Strategies Ltd, Princeton Homes Ltd, Prime Group Ltd, Insolvency Solutions Ltd, Peninsula Orchards Ltd, Retirement Residential Ltd, Complete Homes Ltd, Base Capital Partners Ltd, Ezy-Buy Homes Ltd, Woodhill Orchard Ltd, NZ/South Pacific Import Export Corp Ltd and Private Equity Partners Ltd.

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