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A group of companies owned by Auckland apartment developer Peter Chevin have folded.
The Companies Office shows Chevin's Columbard Management is in liquidation, his Chevin & Company Investments is in receivership and his Gridlock Ventures Trustee is in liquidation. He still has a list of other companies registered.
Chevin, who developed the Columbard corporate crash pad on Wyndham St, hit financial trouble earlier this year when debts of more than $450,000 forced the company behind the tower into receivership.
Columbard was labouring under a debt burden to Inland Revenue and its funder, Capital & Merchant Finance.
A receiver's report on Columbard Wyndham St issued earlier this year showed it owed $374,400 to Capital & Merchant Finance, $40,450 to Inland Revenue and $40,000 to unsecured creditors. In October, the Herald reported Columbard's receivers had sold the building to CP Group for more than $14 million. France-based hotelier Accor took over running the 144-room block and rebranded it Formule 1.
Chevin has also been developing a second Columbard tower on Scotia Place above Myers Park.
In August 2005, Chevin said Wyndham Construction had a $13 million contract to build the 15-level structure, which was expected to be finished by June this year.
Chevin said then he would then take his Columbard concept outside Auckland, saying it would soon become a national brand.
A company spokeswoman said Scotia Place was "still on the go", although it was up to Chevin to make any public statements about the issue.