The High Court appointed liquidators Lynda Smart and Derek Ah Sam to Hunua Rd Manufacturing on December 16, 2025, after an application by creditor Doehler NZ. In their first liquidators’ report released on Wednesday, Smart and Ah Sam said the company directors blamed the decline in the economy and environmental issues at its manufacturing plant…
A major South East Queensland construction firm employing more than 75 staff has been forced into liquidation, abruptly shutting its doors and leaving workers facing an uncertain future. Open Projects Group (OPG), described as the region’s largest full-service shop-fitting company, was placed into liquidation by creditors this week. Director Kane McCarthy broke the news to…
Solfest, an independent music and arts festival, was first held on the Solway coast near Silloth in September 2004. “After more than 20 years as one of the UK’s most established family festivals, the organisers of Solfest have taken the difficult decision to place the company into liquidation,” the organisers said in a statement. “This…
Wellington taxi company Kiwi Cabs goes into liquidation after airport ranks exclusion … Read the original article here
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“We understand from talking to the director that changes implemented by Wellington Airport in late 2025, in relation to Kiwi Cabs’ operating arrangements, had a material and immediate impact on the company’s ability to trade,” Henderson told NZME. Waterstone Insolvency liquidator Bede Henderson said Kiwi Cabs’ exclusion from the airport’s taxi ranks had an immediate…
Saks Off 5th is getting deep-sixed. The discount chain is closing 57 stores — the vast majority of its locations — in the coming weeks as part of Saks Global’s recent bankruptcy filing, the company said on Thursday. Liquidation sales at 34 Saks Off 5th stores will begin Saturday. Another 23 stores are slated to…
Solfest, an independent music and arts festival, was first held on the Solway coast near Silloth in September 2004. “After more than 20 years as one of the UK’s most established family festivals, the organisers of Solfest have taken the difficult decision to place the company into liquidation,” the organisers said in a statement. “This…
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Family business Alexander Cleghorn, in Newbridge Road, was established in 1958. The company, which has a 100,000sq ft site, specialises in tailor-made MDF, plywood, and other laminated or veneered products. After coming under financial pressure, the company had begun a company voluntary arrangement (CVA) in November 2024. This allows struggling companies to repay debts over…