The franchisor of national pizza chain Eagle Boys has entered voluntary administration ahead of a potential sale. However, the appointment of external managers does not extend to Eagle Boys franchises, which are owned by franchisees and continue to operate on a business as usual basis, Eagle Boys said in a statement late last week. Administrators…
After more than 50 years in business, Ike Morris, owner of Waco Oil and Gas Co., has decided to retire. The 79-year-old Glenville businessman and philanthropist said his age was a big factor in the decision. Were going to shut down the contract work and everything, Morris said. Were still in the royalty and land…
Laetitia and Edward Lues, shown with baby Isabelle, paid $130,000 to Stephen Foley but have only an unusable foundation on their Gulf Harbour section. Photo / Doug Sherring A building company has collapsed owing almost $2 million to 130 creditors including 30 homeowners who have been left in the lurch, some of them for the…
A NUISANCE call centre handed one of the biggest fines in consumer history is entering liquidation, according to letters sent to its former employees. Earlier this month, The Gazette was contacted by staff at Media Tactics, based in Chineham Business Park, who said the firm had let all its employees go as a result of it…
JOSEPH JOHNSON/FAIRFAX NZ Rolleston is one of Canterbury’s fastest growing towns. The $13 million failure of property company FCL Holdings (in liquidation) means a planned special housing subdivision at Rolleston near Christchurch is unlikely to proceed in the near future. FCL entered a purchase agreement in mid-2016 to buy the rural block from interests associated with Dryden Trust and Dean and…
Laetitia and Edward Lues, shown with baby Isabelle, paid $130,000 to Stephen Foley but have only an unusable foundation on their Gulf Harbour section. Photo / Doug Sherring A building company has collapsed owing almost $2 million to 130 creditors including 30 homeowners who have been left in the lurch, some of them for the…
Share this story: JOSHUA LEVI SOUTH Head Synagogues board has appointed a voluntary administrator, Rabbi Benzion Mileckis contract has been terminated and three members have loaned the shul $500,000 to ensure the bank cant sell the property. Shul president James Hochroth informed members on Thursday night that the administrator has terminated Rabbi Milecki, who has…
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Alan Brown MP The case for the introduction of a Bill to safeguard and release cash retentions in the construction industry was made to MPs at Westminster yesterday. In a Motion debate in the House of Commons, Alan Brown MP said unprotected cash retentions should not exist in the 21st century and described the human loss…
The number of people who have become personally insolvent is expected to have increased in official figures released on Friday. Experts predict there will be around 23,000 to 24,000 cases recorded across England and Wales during the first quarter of 2017 in figures released by the Insolvency Service. Previous figures show there were 22,852 personal…