Liquidation stories

Buzzle, formed as Apple’s largest Australian reseller in 2000, collapsed within six months amid the dot‑com bust, sparking a precedent‑setting legal battle with Apple.

ITPNZ faces liquidation due to historic debts and declining membership, with a vote on the future set for 23 October, urging members to withhold renewals.

The Depository Trust has unveiled a digital collateral management platform, set for live demonstration on 23 April, to enhance institutional DeFi operations.

Michael Makridakis has joined Taylor David as a Partner, bringing over 20 years' experience in multi-jurisdictional insolvency to the renowned law firm.

KPMG's latest report on Dick Smith Electronics' liquidation reveals NZ$245.5M in secured debt and ongoing legal battles.

The platform is designed to help businesses to optimise receivables management and generate more liquidity, according to the company.

We summarise the creditors and financial position of third part sales agency WhiteLabel which is now in liquidation.

The story of WhiteLabelNZ has ended abruptly with the company's liquidation following an unsuccessful fundraising campaign.

Whitelabel NZ's failed fundraising campaign and alleged misleading information about its business practices have raised concerns.

Outsourced sales & marketing company, WhiteLabel NZ, faces financial troubles as staff leave & funds are owed. #BusinessNews #WhiteLabelNZ.

Networking service provider IndeServe has appointed liquidators, with a potential shortfall of between $1 million and $2.4 million.

IndeServe, a longstanding local service contractor that has worked with companies including IBM, Fujitsu and Datacom, has voluntarily filed for liquidation.

The NFT market is growing at an exponential rate, with unprecedented liquidity. Here we explore how businesses can profit.

Hills Limited slams Milestone Systems' request to have it wound up, calling it an abuse of power, as both companies prepare for a court battle this month.

The liquidator first report states that BizDojo Auckland Ltd has not been able to provide a balance sheet and does not own any assets.

Dick Smith Holdings creditors have voted to place the failed business into liquidation in a last ditch effort to recoup some of their lost money.

Unsecured creditors of failed POS distributor Mecari, previously known as Pos Pos, have received small payments as the company's liquidation winds up.

Spark NZ was owed $26.9 million when Mako Networks went into receivership, with little chance of unsecured creditors recouping their funds.

United States telecommunications service provider D&S Communications has acquired the assets of Mako Networks from the company’s receivers.

​Failed network management company Mako Networks has liabilities of more than $30 million, with an estimated deficit of $25m expected.