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Big debts left behind by liquidated building company – New Zealand Herald

A Tauranga builder who went into liquidation leaving behind 30 unfinished houses owes at least $4.35 million.

This has been revealed in liquidator Tom Rodewald’s first report into the financial affairs of Bella Vista Homes Ltd.

Rodewald’s report on the Pyes Pa-based company was as at November 1 – the date Bella Vista went into liquidation.

Further work to finalise the accounts included putting amounts beside nine secured claimants. The amounts were currently listed as ”unknown”.

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The largest secured claim identified so far was nearly $1.1m owed to Carter Holt Harvey, the report said.

Looking at the next phase of work on the liquidation, Rodewald said in his report that he would be looking particularly at …

Read the full article at: http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11956201

Category: LiquidationBy Insolvency Advisory AccountantsDecember 8, 2017

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Big debts left behind by liquidated building company – New Zealand Herald

A Tauranga builder who went into liquidation leaving behind 30 unfinished houses owes at least $4.35 million.

This has been revealed in liquidator Tom Rodewald’s first report into the financial affairs of Bella Vista Homes Ltd.

Rodewald’s report on the Pyes Pa-based company was as at November 1 – the date Bella Vista went into liquidation.

Further work to finalise the accounts included putting amounts beside nine secured claimants. The amounts were currently listed as ”unknown”.

Advertisement

The largest secured claim identified so far was nearly $1.1m owed to Carter Holt Harvey, the report said.

Looking at the next phase of work on the liquidation, Rodewald said in his report that he would be looking particularly at …

Read the full article at: http://www.nzherald.co.nz/bay-of-plenty-times/news/article.cfm?c_id=1503343&objectid=11956201

Category: LiquidationBy Insolvency Advisory AccountantsDecember 8, 2017

Post navigation

PreviousPrevious post:Phoenix Solar to file for insolvency next week – Reuters – ReutersNextNext post:UPDATE 2-ED&F Man reviews physical grains trading, may exit business – Reuters

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Investa’s Melbourne build to rent project could restart by June after builder Roberts Co’s insolvency
May 20, 2025
Two award-winning restaurants in Melbourne forced to close after racking up debts of over $1.3million
May 13, 2025
Beau Homes goes into liquidation
May 9, 2025
Regulating Fraudulent Use of the Corporate Form
May 6, 2025
Aussie Plant Based Co. acquired by Smart Foods, production resumes
May 4, 2025
Socceroo star Steve Horvat’s family company pushed into liquidation on the eve of Western United heading into A-League finals
May 2, 2025
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