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Andrew Krukziener bankrupt
Metropolis developer Andrew Krukziener has been bankrupted after surrendering to Inland Revenue's $6 million application.
Westin Qualmark rating pulled
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.
May Wang loses IRD fight as bankruptcy looms
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.
House listings up but glut remains
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 calls in lawyers on Allied Farmers
Hanover Finance has called in the lawyers to pursue Allied Farmers over allegedly attempting to "evade various contractual obligations to Hanover."
Property developer Fontein declared bankrupt
Auckland property developer Patrick Fontein has been declared bankrupt.