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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

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August 25, 2026
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August 25, 2026
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August 25, 2026
Bathla collapse puts Sydney home buyers, contractors and lenders on edge – latest building and construction news
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