U: The names behind the action, week to 11 November 2001

Your new Bob Dey Property Report column

[Note on 22 November: I thought I’d repaired all the removals of material for the period 6-12 November arising from a change in server at the website host, but discovered today this page was missing much of the material written for it. The update is a consequence of that.]

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 November 2001

Christopher Steel (Carpenter Buildfix Ak Wide Ltd, Royal Oak, among other handyman companies) had ABC PRE.2000 Ltd struck off the companies register on 17 October. Inland Revenue applied on 8 October to wind it up and the hearing is set down for 10.45am on Thursday 29 November in the Auckland High Court.

Inland Revenue has applied to wind up B&H Plasterers Ltd (Wayne Brown & Denise Hutton-Brown), to be heard in the Auckland High Court at 10.45am on Thursday 22 November.

9 November 2001

Modular Building Systems Ltd, Modbuild (North Island) Ltd & Modbuild (South Island) Ltd (Olle Halberg & Ross Tweedie) were placed in the hands of receivers Richard Agnew & David Davidson (PricewaterhouseCoopers) on 29 October.

The liquidators of Mountain View Developments Ltd (a Graeme Raymond company, taken over by Ian Norrie) will present their report to creditors at 10am on Thursday 15 November at the development’s gym, 68 Mountain Rd, Mt Wellington. The liquidators are Ian Caddis & Jane Laking (Credit Link Ltd, Wellington).

Allied Concrete Ltd (Harold Richardson, Invercargill) has applied to wind up Dallas Concrete Ltd (David Tharp, Te Atatu South), to be heard in the Auckland High Court at 10am on Thursday 22 November. Mr Tharp also has Dallas Construction Ltd, Masonry Homes Ltd and other building companies.

Inland Revenue is pursuing the liquidation of 0800Sanders Ltd (Daryl Harford), though the company was struck off the companies register on 17 October. The IRD filed its application on 5 October but advertised it only on 8 November, for hearing at 10.45am on Thursday 22 November.

Inland Revenue has applied to wind up Saltwater Marinas NZ Ltd (Mark Truscott, also a director of the Lyttelton marina companies, which are in receivership, Pacific Marina Holdings Ltd & Truscott Management Ltd), to be heard in the Auckland High Court at 10.45am on Thursday 22 November.

Inland Revenue has applied to wind up Palace Construction Ltd (Philip Howlett, whose previous company, Global Construction Ltd, was liquidated & struck off the register). The IRD application will be heard in the Auckland High Court at 10.45am on Thursday 22 November.

8 November 2001

Lawyer Eugene St John, for creditor Dempsey Wood Civil Contractors Ltd, continues to fight to get the shareholder-appointed liquidator of Red Hill Homes Ltd changed. There were changes of shareholding just before the appointment, the two former shareholders (Stephen Foley & Kim Hawkes) are both bankrupt with the mother of Mr Foley, Phoebe Foley, becoming a shareholder, and a family trust seemed to have been introduced to the share register.

In the Auckland High Court today, Mr St John sought an assurance from the lawyer for liquidators Meltzer Mason Heath, Brett Vautier, that he could get the trust’s accounts for the past two years, which would show whether the trust had regarded the shareholding as its own.

Creditors are owed about $600,000. Mr Vautier said the liquidators were happy with the paper trail leading to their appointment, and said the company had no assets. Justice Peter Salmon adjourned the application for a change in liquidators for a week.

High Court liquidation list, 8 November:

Central Rigging Ltd (now Aerial Access Equipment Ltd)’s application to wind up Bowen Peak Investments Ltd (Graeme Hill & Bruce Middleton of Amalgamated Builders Ltd & related companies, including Goodall ABL) was adjourned to 10am on Thursday 29 November, settlement expected.

The Bank of New Zealand’s application to wind up Chapel Road Developments Ltd (Andrew James Lamont Turner, of various development companies, Auckland Home Co Ltd, Anglo-Pacific Finance Ltd), filed on 4 September, was adjourned to 10am on Thursday 29 November for settlement.

Health Management Services Ltd (Wayne Facer & John Dallimore) applied on 5 September to wind up Accident & Medical Centres Investment Ltd (David Halstead, Ken Buxton & Tony Hannon), and Mr Facer applied to wind up Medi Plus Accident & Medical Centres Ltd (a company which doesn’t appear on either the existing or historic Companies Office registers), but settled in both cases. The applications were struck out. Mr Facer was previously a director of a long lineup of medical centre companies, and is still shown as a director of Accident & Medical Centres Investment Ltd.

Mahurangi Estate Winery Ltd (Michael Hanaray & Colin McDonald) filed their application to wind up Advance International Wine & Liquor Merchants Ltd (Mariano Fernandez) on 7 September, but settled.

Evco Group Holdings Ltd’s application to wind up Prestige Gardens Ltd (Andrew Spencer) was adjourned to Thursday 17 January 2002 for settlement. A separate company, Prestige Gardens 2001 Ltd, was formed in June by Terry & Judy Small of Cockle Bay.

Commercial Partitioners NZ Ltd (Sunil Prasad) was wound up on the application of Inland Revenue, with Richard Agnew & Judith Fatupaito (PricewaterhouseCoopers) appointed liquidators.

Designed Down Under Ltd (Matthew Williams) was wound up on the application of Pilkington NZ Ltd. Steve Lawrence & Brendan Gibson (Ferrier Hodgson) were appointed liquidators.

LA Roofing 2000 Ltd was wound up on the application of Fletcher Steel Ltd. Steve Lawrence & Brendan Gibson (Ferrier Hodgson) were appointed liquidators.

Trust Asset Management (Stuart Robertson) settled with law firm Phillips Fox and had the application to wind it up struck out.

Redfern Properties Ltd (Ross Farron) was wound up on the application of Inland Revenue. Steve Lawrence & Brendan Gibson (Ferrier Hodgson) were appointed liquidators.

The Inland Revenue application to wind up Group CDA Ltd (Brett Kelland Taylor) was adjourned to 2.15pm on Monday 19 November for hearing.

PNT Housing Ltd (former Motor Holdings Ltd director, nowadays real estate agent Peter Noel Turner) was wound up on the application of Inland Revenue. Mr Turner, of Remuera, was adjudicated bankrupt on 6 June. Other Turner companies are PN Turner Investments Ltd, Cannon Corp Ltd, Sycamore Properties Ltd (in receivership) & Homespace 2000 Ltd. Gerard Hulst & Associates were appointed liquidators.

Northern Ceilings Ltd (Nicolas Rodokal) was wound up on the application of Inland Revenue. Judith Fatupaito (PricewaterhouseCoopers) was appointed liquidator.

Magellan Orakei Ltd (Robin Sheffield & Geoff Honey) faced liquidation on the application of Inland Revenue but was placed in voluntary liquidation on Tuesday 6 November.

The Inland Revenue application to wind up B&R Quality Homes Ltd (Brendan & Ross Taylor, Conifer Grove) was adjourned to 10.45am on Thursday 29 November.

6 November 2001

Laurence McLean has applied to wind up Hornsby Earthmovers (Auckland) Ltd (Darren & Edward Hornsby), which is in receivership. The application will be heard in the Auckland High Court at 10.45am on Thursday 15 November. Edward Hornsby is director of several other companies, including Hornsby Earthmovers Ltd, Whangaparaoa Heights Ltd, Okura Developments Ltd and Mt Richmond Industrial Park Ltd.

Boss Construction Ltd (Damian Little) has applied to wind up Alfriston Whole Sale Fencing, Concreting & Earthmoving Ltd (Kere & Charles Maihi). The application will be heard in the Auckland High Court at 10am on Thursday 29 November.

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