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McKenna tries to win last-minute bankruptcy deal
Property developer Nigel McKenna, facing bankruptcy over an $880,000 debt, has put forward a $150m creditors proposal although he could owe as much as $260m.
Nathans Finance directors 'blind' to their duties
Nathans Finance directors were blinded by their ambition for parent company VTL, a vending machine business, to the extreme detriment of the subsidiary's Kiwi investors, the High Court heard yesterday.
Insolvency - Kill or cure?
They're our corporate doctors. But do receivers and liquidators deliver the right medicine, or just bleed the patient dry? Karyn Scherer reports.
TrustPower low-ball share offer warning
A TrustPower investor is warning other shareholders to beware of an unsolicited share offer with a twist.
<i>Inside Money:</i> Doh a double D (minus)
NZ fund managers rated the most stink in the world by Morningstar.
<i>Fran O'Sullivan</i>: Shareholder activist deserves to be heard
John Hepburn raises valid points on the Hotchin debacle and media coverage of it.
Guardian Trust $42m sale goes through
Australia's The Trust Company Ltd has completed its $42 million acquisition of The New Zealand Guardian Trust Co from Brisbane-based life insurer, Suncorp-Metway.
NZ managed funds still rate poorly - Morningstar study
New Zealand continues to rate poorly for investors in managed funds, according to a global study conducted by investment research company Morningstar.
Mark Lister: How to cut the risks from higher oil prices
Middle East tension poses a threat to the delicate global recovery.
<i> Inside Money: </i> Nothing PIEs coming up
A critical ingredient of New Zealand's mysteriously exciting 'financial hub' project is being secretly prepared by the IRD this month.