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Big debts left behind by liquidated building company – New Zealand Herald

A Tauranga builder who went into liquidation leaving behind 30 unfinished houses owes at least $4.35 million.

This has been revealed in liquidator Tom Rodewald’s first report into the financial affairs of Bella Vista Homes Ltd.

Rodewald’s report on the Pyes Pa-based company was as at November 1 – the date Bella Vista went into liquidation.

Further work to finalise the accounts included putting amounts beside nine secured claimants. The amounts were currently listed as ”unknown”.

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The largest secured claim identified so far was nearly $1.1m owed to Carter Holt Harvey, the report said.

Looking at the next phase of work on the liquidation, Rodewald said in his report that he would be looking particularly at …

Read the full article at: http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11956201

Category: LiquidationBy Insolvency GuardianDecember 8, 2017

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Big debts left behind by liquidated building company – New Zealand Herald

A Tauranga builder who went into liquidation leaving behind 30 unfinished houses owes at least $4.35 million.

This has been revealed in liquidator Tom Rodewald’s first report into the financial affairs of Bella Vista Homes Ltd.

Rodewald’s report on the Pyes Pa-based company was as at November 1 – the date Bella Vista went into liquidation.

Further work to finalise the accounts included putting amounts beside nine secured claimants. The amounts were currently listed as ”unknown”.

Advertisement

The largest secured claim identified so far was nearly $1.1m owed to Carter Holt Harvey, the report said.

Looking at the next phase of work on the liquidation, Rodewald said in his report that he would be looking particularly at …

Read the full article at: http://www.nzherald.co.nz/bay-of-plenty-times/news/article.cfm?c_id=1503343&objectid=11956201

Category: LiquidationBy Insolvency GuardianDecember 8, 2017

Post navigation

PreviousPrevious post:Phoenix Solar to file for insolvency next week – Reuters – ReutersNextNext post:UPDATE 2-ED&F Man reviews physical grains trading, may exit business – Reuters

Related Posts

Tongaat Hulett narrowly escapes liquidation – Farmer's Weekly SA
June 23, 2026
OMT acquires Sacim business unit in judicial liquidation, preserving 70 skilled jobs
June 23, 2026
Kremlin’s 2030 Innovation Target Jeopardized by 44% Surge in Research Firm Closures — UNITED24 Media
June 23, 2026
Schwebel Baking Company to wind down operations in liquidation move – Global Food Industry News
June 23, 2026
No Cookies | Daily Telegraph
June 23, 2026
REVEALED: Latest business liquidations in Vincent – Daily Telegraph Sydney
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