By Peter Drennan*
When the High Court placed six Chance Voight (CVI) entities into interim liquidation on 9 December 2025, many observers noted the procedural similarities to the Du Val collapse of 2024. But as someone tracking these matters closely, I think the more interesting question isn’t whether the cases look similar, it’s whether Chance Voight will ultimately follow Du Val into statutory management, one of the most rarely-deployed weapons in New Zealand’s regulatory arsenal.
Having spent time mapping the corporate structure and reviewing the land title records, I’m increasingly persuaded that two factors may push this matter toward statutory management: the sheer complexity of the corporate web, and the extent of…