The Waterstone Podcast
Hot takes from behind the scenes of insolvency in New Zealand
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Episodes
Wednesday Jun 05, 2019
Wednesday Jun 05, 2019
Damien and Brent sit down to discuss the history of Mainzeal:- How did the company ended up owing $110 million to creditors?- Was there any preventative action that could have been taken- What does the High Court judgement mean for directors and creditors moving forward?
www.waterstone.co.nz
Tuesday May 07, 2019
Tuesday May 07, 2019
Mainzeal was a large construction firm that went into liquidation in 2013 owing $110m to creditors.
The liquidators pursued the directors through the High Court, who were found to have been recklessly trading.
The judgement found the directors liable for $36 million.
Damien and Brent discuss Mainzeal’s situation and answer some key questions.