Six Chance Voight companies have been placed into liquidation by the High Court after it found the Rangiora-based Chance Voight Group was insolvent and operating an unsustainable business model.
Following an investigation by the Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko, the FMA asked the High Court to appoint liquidators to Chance Voight’s parent company and five core subsidiaries. The High Court heard the FMA’s application on 29 June 2026.
Today the High Court has issued a decision appointing liquidators and finding the Group was insolvent and reliant on new investor funds to meet existing obligations and was unable to meet its debts as they fell due.
The FMA’s Head of Enforcement, Margot Gatland, says, “Our…