During the receivership process, Hansells’ assets were acquired by Hansells Acquisition – a newly formed company owned by Walter & Wild, just months after it tipped the business into receivership.
Once the business and major assets had been sold, the company had no ongoing operations and insufficient assets to meet the substantial remaining creditor claims.
The High Court at Auckland subsequently appointed Larissa Logan as liquidator to continue the winding‑up of the company’s affairs.
Since her appointment, Larissa Logan has conducted forensic investigations into the company, which has been renamed Ex HML Ltd.
This includes taking possession of the company’s books and records, including bank and financial statements, engaging…