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Blue Chip

Government liable for $7.3m in failed finance co

Government liable for $7.3m in failed finance co
Wellington, May 14 NZPA - The Government says it will guarantee $7.3 million, or the bulk of investors' deposits, in failed Auckland finance company Viaduct Capital. Viaduct Capital put itself into receivership yesterday. McDonald Vague has been appointed receiver.

Blue Chip Investors Lose Second Court Battle

Auckland, Nov 28 NZPA - Investors in failed property company Blue Chip have suffered a second setback in the High Court.

Bid To Liquidate Northern Crest Investments Fails

Wellington, June 9 NZPA - A bid to liquidate the Blue Chip property scheme's surviving investment vehicle, Northern Crest Investments (NCI), has failed.

Blue Chip Victims Have Day In Court

Wellington, April 21 NZPA - A retired Whangarei couple who owe $629,000 following the collapse of property company Blue Chip have gone to court in a bid to get their mortgages discharged.

Crown Withdraws Deposit Guarantee From Viaduct Capital

Crown Withdraws Deposit Guarantee From Viaduct Capital
Wellington, April 20 NZPA - The Crown has kicked Viaduct Capital Ltd, a company associated with former Blue Chip executive Nick Wevers, out of its retail deposit guarantee scheme.

Crown Withdraws Depotsit Guarantee From Viaduct Capital

Wellington, April 20 NZPA - The Crown has kicked Viaduct Capital Ltd, a company associated with former Blue Chip executive Nick Wevers, out of its retail deposit guarantee scheme.

Bangerter Judge Bankrupt

Wellington, April 6 NZPA - Bob Bangerter, a 72-year-old businessman associated with failed property company Blue Chip, was adjudicated bankrupt today.

Bryers Plans Australian Exchange Listing

Bryers Plans Australian Exchange Listing
Wellington, March 5 NZPA - The co-founder of collapsed property investment company Blue Chip is planning to relist one of his companies in Australia despite facing court charges here.

Blue Chip Co-founder To Face 100 Fraud Charges

Blue Chip Co-founder To Face 100 Fraud Charges
Auckland, Feb 21 NZPA - Mark Bryers, co-founder of the collapsed property investment company Blue Chip, is facing more than 100 fraud charges.

Financial Crisis Of Historic Proportions Dominates Year

The global financial crisis that gathered momentum from September ruined lives and is ongoing. PAM GRAHAM of NZPA reports.

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