Archive | 2002

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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U: The names behind the action, week to 24 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.

21 February 2002

Inland Revenue applied on 31 January to wind up Cotl Ltd (Nigel Dunn, also director of Building Components NZ 2001 Ltd and Avondale Blasting & Coatings Ltd, and John Bolton). The application will be heard in the Auckland High Court on Thursday 7 March at 10.45am.

Inland Revenue has applied to wind up Cambridge Investment Group Ltd (Suren Sharma, who took over directorship of companies in Reg Watt’s NZ Equities group on Mr Watt’s bankruptcy last year). The application will be heard in the Auckland High Court on Thursday 7 March at 10am.

20 February 2002

Karisma Kitchens Ltd (Sidney & Jill Wheeler, Bombay) was wound up by its shareholders on 13 February, with Raymond Burgess appointed liquidator. Creditors must file proofs of debt by Friday 15 March.

The Bank of NZ applied on 5 September 2001 to wind up Chapel Road Developments Ltd (Andrew James Lamont Turner, Howick). The application will be heard in the Auckland High Court on Thursday 28 February at 10am. Mr Turner had a series of run-ins with creditors late last year. Two of his companies, Mahia Road Developments Ltd and AHC Developments Ltd, settled with W. Stevenson & Co Ltd in November, ending liquidation proceedings. Earlier in November, he incorporated his latest company, Malmsbury Construction Ltd. He formed the Auckland Home Co Ltd in May.

Inland Revenue has applied to wind up Hotspot Stoves (1997) Ltd (Gordon & Karen Irving) and Metal Roofing Services Ltd (Claudia Stephens). Both applications will be heard in the Auckland High Court on Thursday 28 February at 10am.

Wilson Neill Corp Ltd companies NZ Business Times Ltd and CDStar NZ Ltd (Tim Connell) were wound up on Thursday 14 February, with Steve Lawrence & Brendon Gibson (Ferrier Hodgson) appointed liquidators. Wilson Neill Corp itself faces liquidation proceedings by a number of creditors, including Progressive Enterprises in the Auckland High Court on 7 March.

Former Cornerstone Group Ltd partner Dave Baldwin has applied to remove 2 of the former partnership companies, Piermark Holdings Ltd & Cornor Developments Ltd, from the Companies Register. Mr Baldwin has a lifestyle subdivision project at Matakana while his former partner, Rick Martin, continues with Cornerstone.

Gulf Harbour Finance Ltd (Alfonsus Johannes Franciscus Daniels) was placed in liquidation on 31 January, with the Official Assignee appointed liquidator. Mr Daniels is also director of Park Avenue Mortgage Brokers (Whangarei Office) Ltd & Westwood Meadows Developments Ltd.

Stonex Properties Ltd had Devonport insolvency practitioner Derek Farrelly appointed receiver of Woodridge Construction Ltd (Albert Vance & Stephen Woodhams are directors of both companies, based in Albany) on 12 February. Mr Vance & Mr Woodhams are also directors of Vance Property Developments Ltd & several site-specific development companies. A new company formed on 4 February, Alexiam Construction Ltd, has Mr Woodhams alone as director.

Selwyn Design & Build Ltd (Aubrey Selwyn & Rota Samuel James Baker, Massey) faces liquidation at the hands of Benchmark Building Supplies Ltd in the Auckland High Court on Thursday 7 March at 10am.

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U: The names behind the action, week to 21 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.

18 April 2002

McDonough Duffy Electrical Co Ltd director Danny McDonough turned up in the Auckland High Court today to stop the liquidation of his company, no longer trading, over an Inland Revenue default assessment which, he said, he thought had been sorted out by the company’s previous accountant. Closure of the company was complicated by a split in the partnership. The outcome was an adjournment to Thursday 23 May to settle the issue.

Hamilton law firm Tompkins Wake’s application to wind up DANZ Ltd (John Hinchcliff) was struck out in the Auckland High Court today as settlement had been reached.

Broadway Investments Ltd (Warren Tuohey & Denis Black)’s application to wind up New Commercial Co Ltd (formerly Square One Service Group Ltd, director Denise Thomas) was adjourned to the Auckland High Court companies list on Thursday 13 June.

NA Koppers Engineering Ltd (Nicholas & Lynette Koppers) was wound up in the Auckland High Court on the application of AB & S Sheetmetals Ltd, with the Official Assignee appointed liquidator.

The application of the Jeff Roberts No 1 Family Trust 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) was struck out after being settled.

Metal Roofing Services Ltd (Claudia Stephens, Papakura) was wound up on the application of Inland Revenue, with Steve Lawrence & Brendon Gibson (Ferrier Hodgson) appointed liquidators. At a previous hearing, Master Gambrill turned down the IRD request to proceed with the liquidation, questioning why a 1-man-band in Papakura should have to take time off work to deal with the IRD office in Whangarei. Meanwhile, the tax-plus-interest debt grew from the original $10,000 to $13,000.

RSM Developments Ltd (Michelle McRae, Waiheke) was wound up on the application of Inland Revenue, with Steve Lawrence & Brendon Gibson (Ferrier Hodgson) appointed liquidators.

Creditors of Construction Administration Services Ltd (Ian Ross Jurgeleit, also a director of Custommade Homes Ltd, Heath Glen Trust Ltd & Lakeview Estate Ltd, which is in liquidation) have accepted a formal debt compromise scheme, resulting in the striking out of Border Fencing Services Ltd’s application to wind it up. Border had replaced Avenue Builders Ltd in the courtroom action.

Oney Trading Ltd (Orhan Sahin, previously of Café Midnight Express Ltd, & Cetin Bora Cinkilinc, previously of The Fez Ltd) was wound up on the application of 163 Broadway Ltd (Newmarket Property Trust), with Steve Lawrence & Brendon Gibson (Ferrier Hodgson) appointed liquidators.

Waitomo Caves Hotel Ltd (Robert McMillan, also a director of The Substation Ltd, De Bretts Holdings/International Backpackers Ltd, Towai Tavern Ltd, Mr Luckies Ltd, Lorna Jean Enterprises Ltd & Powerhouse Traders Ltd, and formerly a director of Cactus Jack’s Saloon Ltd, which is in liquidation, Albert Park Central Backpackers Ltd, Fish Crazy Ltd & Creole’s 2000 Ltd) was wound up on the application of Inland Revenue, with Richard Agnew & Vivian Fatupaito (PricewaterhouseCoopers) appointed liquidators.

RSM Management Ltd & RSM Security Ltd (Roger & Robyn Simpson-Marvin directors of both; Mr Simpson-Marvin is a director of The Protector Security Group Ltd, Protector South Island Ltd, and Masonry Products Ltd, and a former director of Castle Keeper Security Corp Ltd; Ms Simpson-Marvin is a former director of Masonry Products, which is in both receivership & liquidation) were wound up on the application of Inland Revenue, with Steve Lawrence & Brendon Gibson (Ferrier Hodgson) appointed liquidators of both.

Pacific Highliners Ltd (Michael & Jean Dellow, Whangateau; the Companies Register shows this company was struck off on 14 June 2001) was wound up on the application of Inland Revenue, with Richard Agnew & Vivian Fatupaito appointed liquidators.

Thermal Systems Ltd (Henry Bellamy, Onehunga, also a director of Radtech 2000 Ltd) was wound up on the application of Todd Henry Enterprises Ltd, with the Official Assignee appointed liquidator.

Inland Revenue applied on 25 March to wind up Swinglift Services Ltd (Ahinui & Rama Epere, Arkles Bay). The application will be heard in the Auckland High Court on Thursday 2 May at 10am.

Inland Revenue applied on 13 March to wind up CFD Holdings Ltd (James Raea, director of a number of companies). The application will be heard in the Auckland High Court on Thursday 2 May at 10am.

Inland Revenue applied on 11 March to wind up Chas Burry & Sons Ltd (Charles & Kathleen Pullen-Burry, Takanini). The application will be heard in the Auckland High Court on Thursday 2 May at 10am.

Inland Revenue applied on 16 November 2001 to wind up Investments Syndicates Inc NZ Ltd (Terrence Michael Smith). The application will be heard in the Auckland High Court on Thursday 2 May at 10.45am.

17 April 2002

Ellcourt Developments Ltd (apartment developers Mark Cooper & David Bridgman) went into voluntary liquidation on 11 April, with Stuart Robertson, Te Atatu, as liquidator. Creditors must file proofs of debt by Monday 20 May.

16 April 2002

Knaggs Holdings Ltd (Selwyn & Michelle Knaggs, Pakuranga) was wound up voluntarily on 15 April, with a solvency certificate. Creditors must file proofs of debt with liquidators Jeff Meltzer & Karen Mason (Meltzer Mason Heath) by Wednesday 15 May. Mr Knaggs remains a director of Knaggs Construction Ltd.

DA Ltd (Dave McAlpine of Kea Property Development Group Ltd & Alan Wiltshire, now of Wiltshire Investments Ltd) was wound up by the shareholders on 11 April, with Leicester Gouwland (Christmas Gouwland & Co) appointed liquidator. The 2 North Shore property developers have been operating separate businesses for a long time.

15 April 2002

Aitken Investments Ltd (Layne & Greer Stephens, directors of numerous property companies) was placed in voluntary liquidation on 10 April with Nicholas Self appointed liquidator. The company had a new name reserved at the Companies Office, Lakh Industries Ltd, but the name change hadn’t been completed.

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U: The names behind the action, week to 3 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.

1 November 2002

Augustus Housing Ltd (Rod & Greg Nielsen) went into voluntary liquidation on 30 October, appointing Brett Hoddle, Highland Park, as liquidator. Creditors must file claims by Friday 13 December. Inland Revenue filed statutory demands on 25 September against Augustus and another Nielsen company, Raceway Properties Ltd. The Nielsens, best known for their Castlerock Group, sent 4 other companies into liquidation on 3 October — Mays Road (Ellerslie) Ltd, Eastpark Management (NZ) Ltd, Ellerslie Properties Ltd and Castlerock (Marua) Ltd. Claims on those must be filed with Mr Hoddle by Monday 11 November. Castlerock Group Ltd is in liquidation and has been struck off the Companies Register. Another of their companies, Mays Road Developments Ltd, is in liquidation. The Nielsens still have numerous site-specific companies, including Glenside Properties Ltd, Hackett Trust Co Ltd (incorporated in February), 35 Ayr St Ltd (incorporated in August), Queenstown Lifestyle Villas Ltd (incorporated in June), The Lodge Trust Co Ltd (incorporated in February) and 226 Greenlane Rental Ltd (incorporated in June).

Law firm Glaister Ennor applied on 15 October to wind up Bongard Holdings Ltd (Peter Thomas, also Meadowcourt First National Real Estate Ltd, wound up on Inland Revenue’s application on 3 October, Southbelt Holdings Ltd, Hickory Investments Ltd, Palisade Holdings Ltd). The application will be heard in the Auckland High Court on Thursday 5 December at 10am.

Village Interiors (Heather Stuck, Howick) faces a second application to wind it up from Toucan Trading Ltd. This application was filed on 11 October and will be heard in the Auckland High Court on Thursday 21 November at 10.45am. Toucan’s previous application to wind Village Interiors up was struck out in August after settlement appeared complete. Village Interiors survived an earlier application to wind it up, by Finewood Upholstery Ltd.

31 October 2002

BOC Ltd’s application to wind up Atomic Waterblasters Ltd (Simon Chaplin) was adjourned in the Auckland High Court to Thursday 19 December at 10am for settlement.

Start 209 Ltd (Peter White) 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 adjourned in the Auckland High Court today until Monday 13 January for advertising & settlement.

Link Communications Ltd’s application to wind up Integrated Technologies Group Ltd (Bruce Hurst, also Fast Rent Ltd and formerly of Canterburynz (B&B) 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 adjourned in the Auckland High Court to Thursday 19 December at 10am for settlement.

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 to Thursday 7 November in the Auckland High Court to produce a sale agreement for the company’s business and so avoid liquidation at the hands of Inland Revenue, which has been claiming the company doesn’t have enough assets to cover its liabilities and that the debt is increasing.

Akl Construction & Joinery Ltd (Craig Stokes) was wound up in the Auckland High Court on Inland Revenue’s application. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators.

Murphy Construction Ltd (John Murphy, Penrose) settled with Works Infrastructure Ltd and Works’ application to wind the company up was struck out.

Viewfield Group Ltd (struck off the Companies Register on 9 March; director Alasdair Murray, also director of Restcare Management Services Ltd) settled with Inland Revenue and the IRD application to wind the company up was struck out.

Stages Plugged In Ltd and Stages Interactive Ltd (Kevin Grundy, also Timeout Interactive Ltd) were both wound up in the Auckland High Court on Inland Revenue’s application. Richard Agnew & Vivian Fatupaito (PricewaterhouseCoopers) were appointed liquidators of both.

Inland Revenue’s application to wind up Gordon Construction Ltd (Peter Gordon, Hillsborough, also Combined Building Systems Ltd, wound up in August on Inland Revenue’s application) was adjourned in the Auckland High Court for settlement.

MKS Ltd (Jonathan Fordham, also Coastal Estates Ltd, Jervois Trustee Co Ltd, Jervois Forestry Ltd, Williamsburg Enterprises Ltd and Sarsfield Ltd, and former director of several other companies) was wound up in the Auckland High Court. Gerald Hulst was appointed liquidator.

Armstrong Group Ltd (which was Armstrong Construction Ltd until 1997; directors Campbell & Lynette Armstrong) was wound up on Inland Revenue’s application. Gerard Hulst was appointed liquidator.

Singland Investment Holding Ltd (Woo Siew Hin & Woo Siew Wai, Bucklands Beach) intends to move its incorporation to Labuan, Malaysia, from 28 November.

Stenner Holdings Ltd (John Stenner, also James Products Ltd, Klasse Asia/Properties Ltd and JPL Trading Ltd, & Eric Stenner) went into voluntary liquidation on 23 October in a restructuring of shareholders’ affairs. Creditors must file claims by Friday 22 November.

Mangawhai Downs Ltd (Bob Wickham) went into voluntary liquidation on 29 October, appointing Martin Fine (Drew Bullen, Hamilton) as liquidator. Creditors must file claims by Friday 6 December. Mr Wickham is also director of Wickham Partnership Ltd, Daglash Sales Ltd, Blask Developments Ltd, Homes for the Elderly NZ Ltd (with Ken Kells), Kiwi Kan Ltd, Peak Manufacturing Ltd, Airfields Way Ltd, Them Co Ltd, Ugbrooke Ltd (in liquidation) and M Trust Ltd, and formerly of Clyde Shopping Centre Ltd. The Open Fields Co Ltd (formerly Wickham Developments Ltd) went into voluntary liquidation on 28 June. Pieris Mint Ltd and Garden Court Ltd went into voluntary liquidation on 18 July, Pieris Mint was also struck off the Companies Register.

CSM Plastering Ltd (Mark & Ruth Cleaver, also Cladex Ltd ) went into voluntary liquidation on 29 October, appointing John Gilbert (C&C Strategic Ltd) as liquidator. Creditors must file claims by Monday 25 November.

The Bank of New Zealand applied on 12 September to wind up T McFetridge Ltd (Terrence McFetridge & Judith McFetridge, also McFetridge Holdings Ltd). The application will be heard in the Auckland High Court on Thursday 14 November at 10.45am.

Inland Revenue applied on 24 September to wind up Global Cable & Duct (2000) Ltd (Ian Phillips, of Karaka Cable & Drainage Ltd, & Ian Ottaway, of Directional Drilling Services Ltd and related companies). The application will be heard in the Auckland High Court on Thursday 14 November at 10am. 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 applied on 24 September to wind up Catrona Enterprises Ltd (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). The application will be heard in the Auckland High Court on Thursday 14 November at 10am.

I2I Holdings Ltd (John Boswell & David Simpson) has gone into voluntary liquidation ahead of the return to court today of Cox & Dawes Ltd’s application to wind it up over a $13,000 debt. Mr Boswell, Mr Simpson & David Jenkinson head the Rattrays Wholesale Ltd Group, which went into receivership last week. Inland Revenue applied on 7 October to wind up another company in the group, Infogate Ltd. The application will be heard in the Auckland High Court on Thursday 14 November at 10.45am.

Inland Revenue applied on 30 September to wind up 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). The application will be heard in the Auckland High Court on Thursday 14 November at 10.45am.

TMP Worldwide Eresourcing NZ Ltd applied on 7 October to wind up BMS Consultancy Ltd (Denis Fetherston, Campbells Bay). The application will be heard in the Auckland High Court on Thursday 14 November at 10.45am. BMS was incorporated in 1997 as Risk Management Systems Ltd, changed its name to Risk Management Services Ltd 2 months later, and to BMS Consultancy on 21 August this year. Another company incorporated as Risk Management Systems Ltd in 1994, changed its name to Risk Management Services a month later and back to Risk Management Systems in December 1997, was struck off the Companies Register on 26 August. Also in the group, Hasieman International Ltd and BHL Ltd went into voluntary liquidation in September. Mr Fetherston had Hasieman Holdings Ltd incorporated on 23 August and a new Risk Management Services Ltd incorporated on 30 August. Garry Venus, a former director of BMS Consultancy and BHL, sought to have Hasieman International wound up before it opted for voluntary liquidation. He’s also a former director of Kingett Mitchell Ltd and Kingett Mitchell Holdings and is now at Argo Environmental Ltd.

30 October 2002

Parkbrook Holdings Ltd (Rudolf Gitmans & Myrle Alexander), placed in the hands of Laurie Chilcott (Smith Chilcott Bertelsen Harry) as receiver in June, entered a new receivership on 15 October, when Jeff Meltzer & Arron Heath (Meltzer Mason Heath) were appointed. Mr Gitmans is also a director of Fabrications NZ Ltd, Spencer Fabrics 1991 Ltd, Parkstone Holdings Ltd, Airmyn Investments Ltd (in liquidation), and a former director of Fifer Residential Ltd. Myrle Alexander is also a 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.

29 October 2002

Brett & Jean Abraham put Invermay Developments Ltd into liquidation on 28 October after resolving that it could pay its debts. Kevin Whaley is liquidator. The Abrahams formed a new company, Woodhall Developments Ltd, on 23 October.

Electrical Technologies Ltd (Graeme Mackay, also Colmac Investments Ltd and Paisley Holdings Ltd) went into voluntary liquidation on 25 October, appointing Laurie Chilcott & Peter Chatfield (Smith Chilcott Bertelsen Harry) as liquidators. Creditors must file claims by Friday 15 November.

28 October 2002

Michael Stiassny & Grant Graham (Ferrier Hodgson) were appointed receivers of MJ’s Restaurant Ltd (in the Sebel, Viaduct Basin; director Michael James) on 18 October.

Global Food Solutions Ltd (Alec McGifford) went into voluntary liquidation on 22 October, appointing Stuart Robertson as liquidator. Creditors must file claims by Tuesday 26 November. Mr McGifford is also a director of Shieff Duvall Ltd, Shieff Duvall Holdings Ltd, Business Gateway Ltd, Landlordcheck International Ltd, Tenantchase International Ltd, Home Finance Ltd, Triple Eight Holdings Ltd, Buildzone Ltd (incorporated in August) and Mortgage Direct Ltd (with Roy Kerr; incorporated on 3 October).

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

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U: The names behind the action, week to 24 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.

23 November 2002

Victory Term Investments Ltd (which was called Evans Holdings Ltd until 8 November; director Richard Evans, Sandringham, also High Altitude Lighting Ltd, Pacific Power Ltd, Continental Power Ltd, Federal Resources Ltd, Volcano Lighting Ltd and Hal Properties Ltd) went into voluntary liquidation on 19 November, appointing Karen Mason & Mike Lamacraft (Meltzer Mason Heath) as liquidators. Creditors must file claims by Friday 20 December.

Delphi Projects Ltd (Brian O’Hara, also Tennyson Holdings Ltd) went into voluntary liquidation on 20 November, appointing Robert Knox (BDO Spicers) as liquidator. Creditors must file claims by Thursday 19 December.

Westpac Banking Corp applied on 6 November to put 2 of Stuart Jackson’s companies, Jackson Construction Ltd and Budget Homes Ltd into liquidation. Both applications will be heard in the Auckland High Court on Thursday 12 December at 10am. Another Jackson company, Langana Construction Ltd, (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, including Exclusive Developments Ltd, 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 of that company must file claims by Wednesday 18 December.

Gordon Frykberg & Darryll Heaven’s Ballyhoo dispute made its complicated way on to Master Hannah Sargisson’s liquidations list in the Auckland High Court on Thursday, was stood down and will probably end up as a full courtroom hearing in due course. Mr Frykberg (also Oggi Advertising Ltd and Client Promotions Ltd) & Ballyhoo Else Ltd (which is in receivership) filed their liquidation application against Mr Heaven & Ballyhoo Advertising Ltd on 25 June. Ballyhoo Advertising doesn’t show up on the Companies Office’s online register. Mr Heaven (still listed with Mr Frykberg as a Ballyhoo Else director, also a director of Strung-Up Racket Sports Wholesale Ltd and Dvorak New World Charters Ltd) filed his application to wind up Ballyhoo Else Ltd on 25 September. 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.

Jabco Properties Ltd (Keith Brown) was wound up in the Auckland High Court on Thursday on the application of Euroglass Systems Ltd. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators.

Universal Corp Ltd (Shainaz Begum Ayub) went into voluntary liquidation on 14 October, but the appointment of Brian Jensen as liquidator was disputed by counsel for Hynds Pipe Systems Ltd when Hynds’ application to wind Universal up came before Master Sargisson in the Auckland High Court on Thursday. The liquidator didn’t seem to have any relevant experience on insolvency or liquidation, hadn’t complied with the requirement to inform the Official Assignee of his appointment & hadn’t called a creditors’ meeting, counsel said. Hynds got its application adjourned to Thursday 30 January at 10am so it could seek to have the liquidator replaced. (Previous story: Bank seeks liquidation for Ayub’s Trendy Homes & Accrue)

Absolute Publishing Ltd which changed its name to Xain Corp Publishing Ltd on 27 August, was wound up in the Auckland High Court on Thursday on Printing Machinery Services Ltd’s application. Vivian Fatupaito & Richard Agnew (Pricewaterhousecoopers) were appointed liquidators. Director Karl Schutt is also a director of Xain Corp Graphics Ltd (which was Absolute Graphics Ltd until 27 August and is also in liquidation) and First Light Ltd.

The application of Denis & Kevin Musson & Irene Dustin 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) was adjourned in the Auckland High Court to Thursday 30 January at 10am, with a timetable set in preparation for a defended hearing of the dispute between shareholders. Graham Kohler, lawyer for the company, said shareholder advances were involved and outside creditors weren’t at risk. The company had some landholdings, of which the airfield was the 1 remaining block, and it was up for tender. 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.

BCA Consultants Queensland Pty Ltd’s application to wind up Taradale Developments Ltd (Tim Manning) was withdrawn after settlement.

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) won an adjournment of Inland Revenue’s application to wind it up, to Thursday 30 January at 10am, on the promise of completing several outstanding tax returns.

Planet Health Fitness Ltd (incorporated in 2000, no directors on the record) was wound up in the Auckland High Court on Thursday on Inland Revenue’s application. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators.

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 wound up in the Auckland High Court on Thursday on the application of Kodesh Corp Ltd (trading as Fisher Windows & Doors). Steve Lawrence &Brendon Gibson (Ferrier Hodgson) were appointed liquidators.

Everworth Construction Ltd (Essam Elkhishin) got Ross Brick & Pavers Ltd’s application to wind it up adjourned in the Auckland High Court on Thursday to Thursday 30 January 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.

Arrow Personnel Ltd’s application to wind up Contour Laminates Ltd (Thomas & Ronald Sweden) was struck out in the Auckland High Court on Thursday after settlement.

Toucan Traders had a new application to wind up Village Interiors Ltd (Heather Stuck) before the Auckland High Court on Thursday after a settlement agreement was reached in August. This time settlement is to be completed by 2 December and the application to wind up Village Interiors has been adjourned to Thursday 19 December at 10.45am.

Ward Demolition’s application to wind up Eden Terrace Development Ltd (Brent Clode) was settled & struck out in the Auckland High Court on Thursday. Mr Clode’s 1 Parliament St development, backing on to Eden Crescent, is under construction; he is also director of Clode Consulting Ltd & numerous property project companies.

Sigma Developments Ltd (Maurice Buckley) went into voluntary liquidation on 20 November, appointing Paul Sargison & Gerry Rea (Gerry Rea Associates) as liquidators. Creditors must file claims by Monday 23 December. Total Fire Protection applied on 11 October to wind it up, which was to have been heard on Thursday. That application was adjourned to Thursday 19 December to verify the liquidation. Sigma’s counsel in a subsequent court hearing, not notified of these events, withdrew from appearing for the company on a statutory demand application against Keith Goode Electrical Services Ltd.

JCL Inter Island Transport Ltd (Peter Haskett) was wound up in the Auckland High Court on Thursday on Inland Revenue’s application, over a $5500 debt. Inland Revenue had another of Mr Haskett’s companies, Real Estate Holdings Ltd, wound up in February and was pursuing James Credit Ltd (struck off the Companies Register in January) before settling in August. James Credit Real Estate Ltd was struck off in 1998. Mr Haskett is also director of several other transport companies.

An application by Matakana Estate Ltd (Peter Vegar & Kevin Fitzgerald; Patricia Vegar-Fitzgerald is a former director) for summary judgment against Rob Knight & others was adjourned in the Auckland High Court on Thursday to Thursday 30 January at 2.15pm for a fixture to be set. Mr Knight bought a block in Matakana Estate’s vineyard subdivision, where buyers bought the land & left the company to harvest the crop. He has opposed a subsequent Matakana Estate application to develop a rural residential subdivision across the back fence, on Sharp Rd.

Leftfield Sports Café Ltd (George Evangelidakis of Mad Greek Investments Ltd and The Prawn Shack Ltd, & David Todd)’s statutory demand on Princes Wharf Management Ltd (David Henderson) was adjourned in the Auckland High Court on Thursday to Thursday 19 December at 11.45am for settlement or timetabling for a defended hearing. A settlement meeting was scheduled for Wednesday 27 November. Meanwhile a new bar is close to opening in the Princes Wharf space occupied by Leftfield until it was placed in receivership in July.

21 November 2002

Bridgecorp Finance Ltd appointed Anthony McCullagh on 19 November as receiver of St Clair Park Village Ltd (John Ede, also St Clair Park Ltd, St Clair Park Management Ltd, Dimension Group of Companies/Finance/Furniture/Kitchens Ltd, Ede Investments/Bloodstock Ltd, Ambrico Group Ltd, Interlink Commercial Interiors Auckland Ltd, Neilson 249 Ltd, 435 Khyber Ltd and 182 McLeod Ltd).

Leasing Solutions Ltd (Kerry Finnigan & Mark Hotchin of Elders Finance Ltd) applied on 23 October to wind up Eaglehawk NZ Ltd (North Harbour industrial estate; director John Percival, also Artos Investments Ltd). The application will be heard in the Auckland High Court on Thursdday 12 December at 10.45am.

Inland Revenue applied on 7 October to wind up Origination Holdings Ltd (John Boswell & David Simpson of the Rattrays group, which went into receivership in October). The application will be heard in the Auckland High Court on Thursday 5 December at 10.45am.

Inland Revenue applied on 25 June 2001 to wind up Roma Properties Ltd (John George Russell) and will get its application to a hearing in the Auckland High Court on Thursday 5 December at 10am. Roma has been involved long & involved tax litigation with the IRD.

Inland Revenue applied on 9 October to wind up Grimbuild Ltd (Kevin Grimes, also Terra Firma Earth Homes Ltd, in liquidation, & Edwina Tupe). The application will be heard in the Auckland High Court on Thursday 5 December at 10.45am.

Inland Revenue applied on 7 October to wind up Frognal Ltd (struck off on 15 November; director Pamela Marshall).The application will be heard in the Auckland High Court on Thursday 5 December at 10.45am.

Inland Revenue applied on 9 October to wind up Kepa Developments Ltd (Wayne & Gaile Hartner, of the collapsed Hartner Construction group). The application will be heard in the Auckland High Court on Thursday 5 December at 10.45am.

Inland Revenue applied on 7 October to wind up Williams Enterprises Ltd (William Williams, also Davidson Plastics Auckland/Tauranga Ltd, formerly of Wesley Bay Estate Ltd and Alternative Rental Cars Ltd). The application will be heard in the Auckland High Court on Thursday 5 December at 10.45am.

Inland Revenue applied on 1 November to wind up Waterview Downs Ltd (struck off the Companies Register on 20 June 2001; director John Bernard Cull, also currently a director of Aralia Holdings Ltd and Muroced Developments Ltd, both in liquidation). Mr Cull’s Waterview Downs project fell apart in early 1999. He attributed some of the group’s problems to slow delivery of titles. Inland Revenue also applied on 1 November to wind up Waterview Downs Apartments Ltd (struck off the Companies Register in August 2000; Mr Cull was director). Both applications will be heard in the Auckland High Court on Thursday 5 December at 10.45am.

Alarmlock Security Ltd (John Tomlinson, also Alarmlock Waikato Ltd and Alarmpage NZ Ltd) went into voluntary liquidation on 18 November, appointing John Vague & Kevin Bromwich (McDonald Vague & Partners) as liquidators. Creditors must file claims by Friday 13 December.

Property developer Graeme Raymond, bankrupted a 3rd time on 26 August 1998 and jailed in October 2001 for 13 months, has been ordered to appear at a public examination in the Auckland High Court on Wednesday 4 December concerning his discharge from bankruptcy.

19 November 2002

North Shore City Council recently unanimously reappointed its chief executive, Rob Hutchison, 45, to the post he’s held since 1998. Now he’s leaving, to become chief executive at Viaduct Harbour Holdings Ltd, the owner of the 19ha of land under the many Viaduct developments. Mr Hutchison was previously chief executive of Valuation NZ and Valuer-general, and before that was executive director at Jones Lang Wootton, agency director for Colliers Jardine in Auckland and chief executive of Landcorp Property in Auckland.

Steve Lawrence & Brendon Gibson (Ferrier Hodgson) have replaced Bernie Montgomerie (Montgomerie & Associates) as liquidator of Fantale Holdings Ltd (trading as Total Housing Construction) and Polgara Ltd (trading as Total Housing Co). Stuart Dale is director of both companies. Mr Montgomerie was appointed as liquidator of Fantale on 14 October and of Polgara on 22 October. He called meetings of both companies’ creditors on 6 November and was replaced at that time.

MGE Engineering Ltd applied on 15 October to wind up ADP Industries Ltd (originally called Air Driven Pumps NZ Ltd when it was set up in 1977, company now in receivership; directors David Dickey, also of Christchurch/Auckland Valve & Fitting Co Ltd, Aero Engines Ltd, Maika Ltd and Fluid System Technologies NZ Ltd, & Nicholas Fisher, also of Aero Engines, Sentinel Trustee Co Ltd, Fisher Lamberg Trustee Services Ltd, Buffalo Trust NZ Ltd, Easylaw Ltd, Two-way Co-operation Ltd and Auckland Independent Television Services Ltd, formerly of several companies including David Henderson’s Kitchener Investments Ltd and Derrick Hurst’s Connaught Investments Ltd). The application will be heard in the Auckland High Court on Thursday 5 December at 11.45am.

Cheryl Choo (Dorchester Pacific Ltd) was appointed receiver of rent on 9 September for a property at 32 Bell Ave, Mt Wellington, owned by Durham Corporate Trustees Ltd (Mazhur Shukri Krasniqi, also Edgecumbe Corporate Trustees Ltd, Tokoroa Rural Trustee Ltd, Rural Investment Trustee Ltd, Parnell Corporate Trustees Ltd, Devonport Wharf Corporate Trustee Ltd and Stoddard Lake Ltd).
Previous story: Directorship switched as Krasniqi’s TGH trustee company folds

Allied Foods Co Ltd applied on 29 October to wind up Rattrays Wholesale Ltd (David Jenkinson & David Simpson). The application will be heard in the Auckland High Court on Thursday 19 December at 10am. The Rattrays group went into receivership in October.

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U: The names behind the action, week to 31 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.

28 March 2002

Allied Finance Ltd (formerly Frontline Finance Ltd; Stephen Montgomery & Bryan Mogridge, Pyne Gould Corp Ltd) applied on 15 February to wind up Product Brokers NZ Ltd (John & David Melville, also directors of Ultimo Holdings Ltd, and David Melville alone is a director of Nationwide Auctions NZ Ltd). The application will be heard in the Auckland High Court on Thursday 11 April at 10am.

Inland Revenue applied on 20 February to wind up another Buildcorp (Joel McLellan) company, Lisburn Developments Ltd (Joel McLellan & Sean Lake). The application will be heard in the Auckland High Court on Thursday 11 April at 10am. The IRD had 2 other Buildcorp companies, Bute Road Developments Ltd & Pinehill Developments Ltd, wound up on 14 March.

Inland Revenue applied on 5 February to wind up Furniture Concepts Ltd (Peter McGrane, Papatoetoe). The application will be heard in the Auckland High Court on Thursday 11 April at 10am.

Inland Revenue applied on 25 February to wind up Lawton Building Removals Ltd (Brian & Kim Lawton, Stanmore Bay). The application will be heard in the Auckland High Court on Thursday 11 April at 10am.

27 March 2002

Shareholders of Moroney Electrical Ltd (Geoffrey Wilson, of Hamilton, also a director of Euro Car Ltd) put the company into voluntary liquidation on Monday 25 March, appointing Stuart Robertson, Te Atatu, as liquidator. The company was incorporated on 21 May 2001.

Shareholders of Whitby Village Ltd (Andrew Beattie Gibson, Wanganui, director of several other companies, including Resthome GST Claim Management Services Ltd) put the company into voluntary liquidation on 20 March, appointing Ian Caddis & Jane Laking, Wellington, as liquidators.

Roller International Ltd (Seng Tan Lian & Lek Eng Khiang) has finally collapsed into liquidation, with the Official Assignee as liquidator. Creditors must file proofs of debt by Tuesday 23 April. The former Canterbury Roller Flour Mills Co Ltd sold its Ashburton mill in the mid-90s, tried to transform itself into a tourism company then into fashion, and was subject to a takeover in 2000 by Cereus Capital Ltd (Vino Ramayah). Cereus’s bid fell through and Roller has gone nowhere since.

Gillain Enterprises Ltd (Whangaparaoa accountant François Gillain) faces liquidation at the hands of KC Computer Services Ltd. The application will be heard in the Auckland High Court on Thursday 4 April at 10.45am.

Inland Revenue filed on 13 March to wind up Paramount Properties Ltd (Ian George Fistonich, of various Paramount companies, Forest Hill Properties Ltd & Silver Fern Trading Ltd, and Richard Coates). The application will be heard in the Auckland High Court on Thursday 4 April at 10.45am.

Inland Revenue applied on 13 March to wind up Wagner Properties Ltd (Graeme Edwin Low, Takapuna, also of Dynacorp Investments Ltd with Michael Peter Barry, Taka Investments Ltd, and of Keystone Properties Ltd, which was placed in liquidation last year and produced a shortfall for the mortgagee & nil return for unsecured creditors, according to McDonald Vague & Partners’ report). Mr Low was bankrupt from June 1990-93. The application to wind up Wagner Properties will be heard in the Auckland High Court on Thursday 11 April at 10.45am.

Inland Revenue applied on 26 February to wind up Coast Highway Holdings Ltd (Clifford Matson & David Tarring, whose other companies include Rhino Portable Buildings Ltd, Dial-A-Dunny Ltd & Morton Bay Investments Ltd). The application will be heard in the Auckland High Court on Thursday 11 April at 10am.

High Court liquidation list, 26 March 2002

The application by Avenue Builders Ltd to wind up Border Fencing Services Ltd (Patrick O’Meagher & William Cavanagh) was discontinued. Border’s application to wind up Construction Administration Services Ltd (Ian Ross Jurgeleit, also a director of Custommade Homes Ltd, Heath Glen Trust Ltd & Lakeview Estate Ltd, which is in liquidation) was adjourned to Thursday 18 April to allow creditors to consider a compromise scheme at a meeting on Wednesday 27 March.

Euroglass Systems Ltd’s application to wind up Ambrico Group Ltd (John Ede, whose other companies include St Clair Park Ltd, Dimension Furniture/Group of Companies Ltd, & Interlink Commercial Interiors Auckland Ltd) was settled & struck out.

Gosling Chapman’s application to wind up Wilson Neill Corp Ltd was adjourned to Thursday 4 April at 10am, lining up with a number of other applications.

Redeal Ltd (trading as Ideal Electrical Suppliers)’s application to wind up McDonough Duffy Electrical Co Ltd (Danny McDonough & Kieron Duffy; both are also directors of Aladin Lighting & Electrical Co Ltd, and Mr McDonough is a director of Current Electrical 2000 Ltd & 2Mac’s Property Ltd) was adjourned to Thursday 18 April at 10am.

Benchmark Building Supplies Ltd’s application to wind up The Extreme Team Ltd (Nicola Scofield) was enlarged to Thursday 23 May at 10am for advertising.

Grove Hardware Ltd’s application to wind up Gordon Construction Ltd (Peter Gordon, Hillsborough) was adjourned for settlement to Thursday 23 May.

AHI Roofing Ltd’s application to wind up Metro Construction Ltd (Brenton Linnell, Pakuranga) was settled & struck out.

Inland Revenue’s application to wind up Metal Roofing Services Ltd (Claudia Stephens, Papakura) was adjourned to Thursday 18 April for at least part settlement. Master Gambrill turned down the IRD request to proceed with the liquidation, questioning why a one-man-band in Papakura should have to take time off work to deal with the IRD office in Whangarei.

Inland Revenue’s application to wind up Cleary Planning Services Ltd (Peter Cleary) was settled & struck out. Mr Cleary settled an IRD action against Clearly Financial Services Ltd a fortnight ago.

Bracewell Construction Ltd (Barry Bracewell)’s application to wind up Couldrey Properties Ltd (Stephen Smythe, also a director of Raemeal Holdings, Ltd, Sweet Holdings Ltd, Sweet Developments Ltd & Scotia Properties Ltd) was adjourned to Thursday 16 May at 10am for a half-day fixture. Couldrey’s sole asset is an apartment in a building where there was a dispute over remedial work followed by arbitration.

Spencer Rd Developments Ltd (Douglas Hopkins & Albertus Voskuilen) was wound up on the application of Auckland Insulation Services Ltd, with Richard Agnew & Vivian Fatupaito (PricewaterhouseCoopers) appointed liquidators. Spencer Rd Developments settled with CSR Building Materials NZ Ltd to avoid liquidation on 1 November 2001, then faced a new application filed by LD Carr, which was withdrawn in court on 13 December, before this application.

Continue Reading

U: The names behind the action, week to 28 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.

25 April 2002

Shaft & Tunnel NZ Ltd (Alan Lewis) went into liquidation on 18 April, appointing Steve Lawrence & Brendon Gibson (Ferrier Hodgson) as liquidators.

Positive Air Conditioning Services Ltd (Darryl de Beer) went into liquidation on 18 April, appointing Gerry Rea & Paul Sargison (Gerry Rea Associates) as liquidators. Creditors must file proofs of debt by Monday 20 May.

Continue Reading

U: The names behind the action, week to 23 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.

18 June 2002

CB Richard Ellis has appointed Warren Hutt as national director of asset services, taking over from Mark Gibb, who has gone to a major project in East Tamaki. Mr Hutt was a Valuation NZ (Quotable Value) valuer before spending 5 years with JLL property management. For the past 3 years he’s been general manager of Bayleys’ commercial property management.

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U: The names behind the action, week to 1 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.

1 December 2002

Bridgecorp Residential Ltd entered into possession on 27 November as mortgagee of 2 properties in Ruze Vida Drive, Royal Heights, & 2 in Sunpark Place, Henderson, owned by Trendy Homes Ltd (Mohammad Ayub). Westpac Banking Corp applied on 31 October to wind up Trendy Homes. That application will be heard in the Auckland High Court on Thursday 5 December at 10.45am. (Earlier story, click here

Inland Revenue applied on 21 October to wind up RW Peters Contractors Ltd (Ray & Helen Peters, Orewa). The application will be heard in the Auckland High Court on Thursday 12 December.

Inland Revenue applied on 21 October to wind up SK Tau Builders Ltd (Steve Tau, Clendon). The application will be heard in the Auckland High Court on Thursday 12 December.

Inland Revenue applied on 4 November to wind up Club Havana Ltd (1 of 2 of Mariano Fernandez’s companies placed in receivership on 8 July, with Keith Palmer & Alison Sarginson (Wellington & Auckland offices of McCallum Petterson) appointed receivers/managers. Mr Fernandez has a third company, Advance International Marketing NZ Ltd, not in receivership. The application will be heard in the Auckland High Court on Thursday 12 December at 10.45am.

Inland Revenue applied on 22 October to wind up Leftfield Sports Café Ltd (George Evangelidakis of Mad Greek Investments Ltd and The Prawn Shack Ltd, & David Todd), which went into receivership in July, vacating its Princes Wharf bar. The application will be heard in the Auckland High Court on Thursday 12 December at 10am.

28 November 2002

Antique Buyers & Assessors Ltd (at Burlington Bertie’s, Remuera Rd; director Jonathan Drain, also Mixed Salad Ventures Ltd) went into voluntary liquidation on 27 November, appointing Marvin Cathey as liquidator.

27 November 2002

Predator Signs & Designs Ltd (Michael Forsyth, also Predator Finishing Systems/Fibreglass & Manufacturing/Birdwire Protection Systems/Marine Ltd) went into voluntary liquidation on 25 November, appointing John Price & Robert Horton (Horton Price Ltd) as liquidators. Creditors must file claims by 12 February 2003.

Property developer has wound up another of his companies, Angaline Investments Ltd, appointing Rob Hargrave (Hargrave Munn Teague Ltd) as liquidator on 25 November. A certificate of solvency has been completed. Creditors must file claims by Monday 9 December.

Hirepool Ltd applied on 4 November to wind up Paisley Painting & Sandblasting Ltd (Teresa Daly, Drury, also Daly Trust Administration Ltd and Aspect Sandblast & Paint Ltd). The application will be heard in the Auckland High Court on Thursday 12 December at 10.45am.

Carpet Market Auckland Ltd (Michael & Janine Turner, Browns Bay) went into liquidation on 21 November, appointing Derek Farrelly as liquidator. Creditors must file claims by Friday 20 December.

25 November 2002

The Blind Factory Ltd (Peter Coker, also Vista Blinds NZ Ltd and U-Drive Leasing No 1 Ltd) went into voluntary liquidation on 19 November, appointing John Vague & John Whittfield (McDonald Vague & Partners) as liquidators. Creditors must file claims by Friday 20 December.

Continue Reading

U: The names behind the action, week to 14 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. 11 April 2002 NZ Realties Ltd (renamed NZ Realty Group Ltd on 15 November 2001) was put into voluntary liquidation by its shareholders on Tuesday 9 April, 2 days ahead of an application by trustees of Bert Geerlig’s estate to wind it up was due back in court. The trustees won summary judgment in March 2001 and succeeded against NZ Realties’ appeals. The dispute concerned a deposit removed from a trust account to pay commission after a transaction went unconditional. The NZ Realties group was then controlled by Reg Watt, who was bankrupted last July. With the name change it also got a new director, Christopher Hill. John Vague & Graeme McDonald (McDonald Vague & Partners) are the liquidators. Coolwave NZ Ltd (Simon Day & Julie Booth, Christchurch)’s application to wind up Hi There Ltd (Auckland City Council’s 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) was adjourned to a pretrial evaluation conference on Tuesday 14 May at 11.50am after Hi There’s lawyer, Eugene St John, was able to provide proof that a statement of defence had been filed at the High Court, though none had apparently been served on the plaintiff. The 2 companies’ dispute concerns construction of a website. Product Brokers NZ Ltd (John & David Melville, also directors of Ultimo Holdings Ltd, and David Melville alone is a director of Nationwide Auctions NZ Ltd) was wound up unopposed in the Auckland High Court, with the Official Assignee appointed liquidator, on the application of.Allied Finance Ltd (formerly Frontline Finance Ltd; Stephen Montgomery & Bryan Mogridge, Pyne Gould Corp Ltd). Allied Concrete Ltd’s application to wind up R & F Concrete Contractors Ltd (Ross McDermott & Fleur Duncan, Massey) was enlarged to Thursday 16 May at 10am to allow advertising after settlement negotiations broke down. Raiser Developments Ltd (Brent Clode, struggling to get his 1 Parliament St apartment project underway after a Christmas site collapse resulted in 1 workman’s death) faced 2 applications in the Auckland High Court today to have it wound up, and survived both. Wilco Precast Ltd (Keith & Amanda Sinclair, Papakura) withdrew its application, filed on 25 February, after receiving final payment. Nauhria Precast Ltd (Roshan Lal Nauhria, East Tamaki, also director of Nauhria Building Supplies Ltd) filed its application on 5 April, has had payment made, but had its application adjourned to Thursday 16 May at at 10am for settlement to be completed. Reliance Worldwide Ltd (formerly IMI Titon Ltd) had its application to wind up STM Engineering Ltd (see below at 8 April; the company was struck off the Companies Register on 9 May 2001, director Eric Sinclair, Drury) adjourned to Thursday 13 June at 10am for payment to be made. The application of Renaissance Ltd (Malcolm Thompson & Clive Lewis, also directors of Conduit Technology Ltd & Insite Technology Ltd; Mr Lewis was previously a director of Honeywell Ltd) to wind up Sunesis Group Ltd (Richard Johnston, previously at Eric Watson’s Cullen Investments Ltd & numerous associated companies, now a director of several companies including Goods & Services Tax (GST) Management Ltd, and Nigel Birch, a director of Nextwave Technologies Ltd & Netdelivery Australasia Ltd with Mr Johnston) , filed on 6 March, was adjourned in the Auckland High Court to Tuesday 25 June at 10am for hearing of an application to strike out the liquidation application & restrain advertising. Rapid Metal Developments NZ Ltd’s application to wind up Formwork Construction Ltd (David & Rochelle Lilley) was adjourned in the Auckland High Court to Thursday 16 May at 10am to meet advertising requirements. Linx Ltd (Peter Noble, formerly a director of computer sales & service company Portables Plus Ltd) was wound up on Inland Revenue’s application, with Gerard Hulst (Gerard Hulst & Associates) appointed liquidator. Furniture Concepts Ltd (Peter McGrane, Papatoetoe) was wound up on the application of Inland Revenue, with Richard Agnew & Vivian Fatupaito (PricewaterhouseCoopers) appointed liquidators. Lisburn Developments Ltd (Joel McLellan & Sean Lake of Buildcorp) was wound up on the application of Inland Revenue, with the Official Assignee appointed liquidator. The IRD had 2 other Buildcorp companies, Bute Road Developments Ltd & Pinehill Developments Ltd, wound up on 14 March. Coast Highway Holdings Ltd (Clifford Matson & David Tarring, whose other companies include Rhino Portable Buildings Ltd, Dial-A-Dunny Ltd & Morton Bay Investments Ltd) was wound up on the application of Inland Revenue, with Richard Agnew & Vivian Fatupaito (PricewaterhouseCoopers) appointed liquidators. 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) was wound up on Inland Revenue’s application, with Richard Agnew & Vivian Fatupaito (PricewaterhouseCoopers) appointed liquidators. Fubu NZ Ltd (Hugh McIver of DMB Entertainment/K-1NZ/HRM Properties Ltd & David Benjamin of DMB) was wound up on the application of Euroglass Systems Ltd, with the Official Assignee appointed liquidator, after a final payment of $2883 wasn’t received. The application had been adjourned from 14 March for a cheque handed over in court to clear. Ramack Builders Ltd (Ronald & Jennifer Macdonald, Albany) withdrew its application to wind up Roseneath Properties Ltd (Stephen Kelly, also director of Southern Hemisphere Land & Property Investments Ltd, Central Strata Management Ltd, Grafton Ridge Ltd, New Oakland Properties Ltd, RAM Securities Ltd, Contributory Mortgage Investments Ltd & Contributory Mortgage Nominees Ltd, the last 3 with John Martin & Peter van Nieuwkoop). Mr van Nieuwkoop will be sentenced in the Auckland District Court on 14 May on charges of breaching securities laws while he was mortgage manager at Reeves Moses Hudig Mortgage Brokers Ltd. Central Trading Services Ltd (Alfonso Liguori) went into voluntary liquidation on Wednesday 10 April, after staving off an Inland Revenue application to wind it up since 5 October 2001, and with the next call of that application due in the Auckland High Court on 11 April. Mr Liguori was also replaced as director by Trevor Murphy, former owner of Shore Realty Ltd & Shore Realty (1993) Ltd, which have both been struck off the Companies Register. John Buchanan (JR Buchanan & Associates Ltd) has been appointed liquidator of Central Trading Services. Another Liguori company, 360 Church Street Ltd, faces liquidation on the application of the North Shore City Council, set down for its next hearing on Thursday 16 May at 10.45am, with Knight Coldicutt Solicitors Nominee Co Ltd as a supporting creditor seeking liquidation. Other Liguori companies include George Court & Sons Ltd, Gilmer Properties Ltd, Mega-Store Holdings Ltd, Quadrant Technology Ltd, Cardex Systems Ltd & Onyx Construction Ltd. Mr Liguori was bankrupted in 1991 after fighting it off for 3 years. At that time his debts, including mounting interest, totalled $26 million. Inland Revenue’s application to wind up Wagner Properties Ltd (Graeme Edwin Low, Takapuna, also of Dynacorp Investments Ltd with Michael Peter Barry, Taka Investments Ltd, and of Keystone Properties Ltd, which was placed in liquidation last year and produced a shortfall for the mortgagee & nil return for unsecured creditors, according to McDonald Vague & Partners’ report) was adjourned to Thursday 16 May at 10am for advertising to be completed. Mr Low was bankrupt from June 1990-93. Justice David Morris was quick to strike out an application for judgment in the Auckland High Court today, sought by EP Maddren & Sons Ltd against builder Brenton May on the basis of a guarantee which hadn’t been signed. Maddren was seeking to recover from Mr May personally for about $300,000 of timber supplied to his company, Brenton Builders Ltd, now in liquidation. 10 April 2002 Inland Revenue applied on 1 March to wind up RSM Management Ltd & RSM Security Ltd (Roger & Robyn Simpson-Marvin directors of both; Mr Simpson-Marvin is a director of The Protector Security Group Ltd, Protector South Island Ltd, and Masonry Products Ltd, and a former director of Castle Keeper Security Corp Ltd; Ms Simpson-Marvin is a former director of Masonry Products, which is in both receivership & liquidation). The IRD applications will be heard in the Auckland High Court on Thursday 18 April at 10.45am. Richard Agnew & Vivian Fatupaito (PricewaterhouseCoopers) have been appointed liquidators of Sycamore Properties Ltd (Peter Turner). Creditors must file proofs of debt by Wednesday 3 July. 9 April 2002 Herbson Den Ltd (Brent & Vicki Gibson) went into voluntary liquidation on 28 March, appointing Richard Herbert & Associates Ltd to liquidate it. Mr Gibson is also director of Waiheke Island Resort Ltd and of a new company incorporated in December, United Leisure Resorts Ltd. Ferncorp Property Group Ltd (Scott Massey, director of numerous Hamilton-based property companies) went into voluntary liquidation on 3 April, appointing Kenneth Brown & Sheree Ann Hart (Rodewald Hart & Associates Ltd, Te Puke) as liquidators. Lowes Properties Ltd (James Tong Lowe & Sue Ping Lowe) went into voluntary liquidation on 5 April after a declaration of solvency was signed, appointing Paul de Lacey (PA de Lacey & Associates Ltd) as liquidator. Lawton Building Removals Ltd (Brian & Kim Lawton, Stanmore Bay) went into voluntary liquidation on 5 April, appointing John Buchanan (JR Buchanan & Associates Ltd) as liquidator. The company faced an Inland Revenue application to wind it up on Thursday 11 April. 8 April 2002 Reliance Worldwide Ltd (formerly IMI Titon Ltd) applied on 28 February to wind up STM Engineering Ltd (struck off the Companies Register on 9 May 2001, director Eric Sinclair, Drury), but advertised the application only on Saturday, short notice for a hearing scheduled for this Thursday, 11 April, at 10am. Mr Sinclair is also a director of St Clair Ltd, International Cookware NZ Ltd and Process Sheetmetals Ltd, all in liquidation, LL Distributors Ltd and Malco Fittings (1986) Ltd. Bullseye Investments Ltd (Symon Peters of the collapsed City Wise group & Richard Watson) was wound up on 25 March by its shareholders, appointing Derek Farrelly as liquidator. Creditors must file proofs of debt by Friday 3 May. Iguacu Ltd & Iguacu Properties Ltd, both parts of the Wilson Neill group sent into receivership & liquidation last Thursday, had separate receivers, Michael Stiassny & Grant Graham (Ferrier Hodgson, attention Alan Garrett) appointed, also last Thursday.

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