Arthur Tzaneros reassures customers amid ACFS administration

The New Zealand arm of the business is insulated as Australian restructuring continues. ACFS Port Logistics has issued fresh assurances to customers across Australia and New Zealand as its Australian business continues through voluntary administration, emphasising that all operational services remain uninterrupted and that its New Zealand arm is fully capitalised, debt‑free and unaffected by…

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Company behind Haverfordwest solicitors enters liquidation

This is what happened to Phillips, Green & Murphy Solicitors, previously based in Haverfordwest (Image: Google) According to the published records, Phillips Green Limited traded under the names Phillips Green & Murphy Solicitors and PGM Solicitors, names that may be familiar to Pembrokeshire residents and businesses who used legal services in the county. A creditors’…

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Nakhle $40m family feud liquidates two firms

A $40 million case study in what informal governance can’t survive When a business is held together by nothing more than one family member trusting another, it works right up until the moment it doesn’t. The liquidation of two thoroughbred racing companies linked to the prominent Nakhle family is a textbook demonstration of what happens…

Losses mount for Hawke’s Bay apple mogul

Reading Time: 3 minutes The failure of a Hawke’s Bay apple empire has left unsecured creditors owed over $30 million, the liquidator’s report reveals. The first report on the state of Crasborn Fresh Harvest, a subsidiary of apple-growing company Kiwi Crunch – owned by ex-accountant Wade Glass – has confirmed initial losses are likely to…