Skip to content
Insolvency Guardian
Insolvency Services & Bankruptcy Advice
Insolvency GuardianInsolvency Guardian
  • Insolvency
  • Zero Contact Solutions
  • Resources
  • News
  • About Us
  • Contact
1300 60 70 60
  • Insolvency
  • Zero Contact Solutions
  • Resources
  • News
  • About Us
  • Contact

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/business/news/article.cfm?c_id=3&objectid=11956201

Category: LiquidationBy Insolvency GuardianDecember 8, 2017

Post navigation

PreviousPrevious post:UPDATE 2-ED&F Man reviews physical grains trading, may exit business – ReutersNextNext post:Member for Maribyrnong faces his first real test – Gympie Times

Related Posts

SDAI Limited Reports No New Developments in Subsidiary Liquidation – TipRanks
May 31, 2025
RPs can now invite interim finance providers to CoC meetings
May 31, 2025
‘Absolutely gutted’: £16,500 Glastonbury packages won’t be fulfilled after company goes bust | Money News
May 31, 2025
Seek restructuring support at first sign of distress – GIPC CEO urges businesses
May 31, 2025
Corporate insolvencies reach highest level since July
May 31, 2025
IBBI Insolvency Reforms 2025 | SCC Times
May 31, 2025

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

SDAI Limited Reports No New Developments in Subsidiary Liquidation – TipRanks
May 31, 2025
RPs can now invite interim finance providers to CoC meetings
May 31, 2025
‘Absolutely gutted’: £16,500 Glastonbury packages won’t be fulfilled after company goes bust | Money News
May 31, 2025
Seek restructuring support at first sign of distress – GIPC CEO urges businesses
May 31, 2025
Corporate insolvencies reach highest level since July
May 31, 2025
IBBI Insolvency Reforms 2025 | SCC Times
May 31, 2025
Insolvency Guardian
© Insolvency Advisory Accountants Pty Ltd trading as Insolvency Guardian Australia.

Disclaimer

Go to Top
Call Now Button