Andrew Krukziener bankrupt
Metropolis developer Andrew Krukziener has been bankrupted after surrendering to Inland Revenue's $6 million application.
Metropolis developer Andrew Krukziener has been bankrupted after surrendering to Inland Revenue's $6 million application.
One of New Zealand's top hotels, the Westin has been stripped of its Qualmark licence as a bitter battle between unit owners and the receiver of the hotel's management company continues.
Failed property developer May Wang's attempt to avoid bankruptcy in the Auckland High Court has been rejected after the IRD objected to a creditor repayment plan.
There was 7.3pc increase in house listings last month, but a big glut of unsold real estate is still weighing heavily on the market.
Hanover Finance has called in the lawyers to pursue Allied Farmers over allegedly attempting to "evade various contractual obligations to Hanover."
Auckland property developer Patrick Fontein has been declared bankrupt.
Not many aspiring Auckland property magnates can claim Donald Trump's right-hand man as their mentor.