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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

All staff made redundant as Nottinghamshire firm that worked on major UK projects enters liquidation – Nottingham Post
November 2, 2026
UK crisp maker shuts after 54 years and enters administration
November 2, 2026
Statomat Special Machines Navi Mumbai factory back on the block
November 2, 2026
Stirling Sports franchisee liquidation wraps up – leaving creditors $2m out of pocket – The Press
November 2, 2026
Full list: Companies entering liquidation or administration across Australia on November 1 – The Courier Mail
November 1, 2026
IBBI tightens insolvency rules for real estate projects, strengthens homebuyer protection
November 1, 2026
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