Insolvency stories
If you were owed $100k from your company, you'd feel pretty aggrieved wouldn't you? Ex-employee, Lawrence Sami certainly feels that way.
New Zealand Technology Group teams up with RS Comms to provide telecoms services to small and medium-sized businesses.
Former Blue Chip boss Mark Bryers was accused of contriving to present himself as a consultant to Talos Accounting Group, when he was actually running.
Up to 70 staff, just under half of those working for Shanton Fashions, are losing their jobs as 17 stores close under a restructuring process before.
iData Resolutions, which crashed into liquidation last month, has debts of more than $2 million for the New Zealand operation according to the liquida.
Chris Maclean revives his family's IT legacy, buying back Maclean Computing's assets to launch Maclean Technology, a bold step beyond liquidation.
Failed IT firm Maclean Computing leaves 89 creditors, including tech giants and small businesses, $3m out of pocket as liquidation proceedings begin.
Family-run IT firm Maclean Computing enters liquidation after serving businesses since 1993, impacting 50 employees and numerous clients.
After years of operation, Auckland's NZNet spirals into liquidation amid financial turmoil and claims of unpaid debts.
Business risks are expected to increase in 2016. At the same time, it is unlikely there will be any improvement in the coming year.
Claims against two Optimizer HQ subsidiaries are likely to hit $11.3 million, with liquidators reviewing the sale of business assets pre-liquidation.
United States telecommunications service provider D&S Communications has acquired the assets of Mako Networks from the company's receivers.
Mako Networks in liquidation, Spark steps in as secured creditor to appoint receivers, thwarting the tech firm's financial tailspin.
Mecari Pty, once Pos Pos, hits receivership in Oz; NZ arm's destiny hangs in balance as clarity eludes stakeholders.
Michael Stiassny has been appointed to the board of Plan-b, New Zealand's only end-to-end business continuity provider.
Liquidators insist staff will be paid but funds for suppliers, vendors and partners are unlikely to be recovered.
Businesses overcome WAN woes, harnessing optimized solutions for bottom-line benefits, increased productivity, and future-proofing.
