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Mason Heath

May Wang's offer accepted by creditors

Auckland, June 29 NZPA - Chinese businesswoman May Wang has upped her offer to 6 cents in the dollar to the creditors she owes $22 million, with the offer to be put before the court next month.

Two Of Porn Entrepreneur Steve Crow's Companies In Liquidation

Two Of Porn Entrepreneur Steve Crow's Companies In Liquidation
Wellington, July 8 NZPA - Two of porn entrepreneur Steve Crow's companies are in liquidation, with creditors unlikely to see any of their money. Meanwhile, Mr Crow has transferred the firms' assets into another company and continues to trade.

No Investor Returns From Blue Chip Company Asset Sales

Wellington, Sept 9 NZPA - Investors remain unlikely to see any returns from the property management company of the now defunct property investor Blue Chip, liquidators said in their latest report.

Minister Appeals On Behalf Of Blue Chip Investors

Wellington, Sept 6 NZPA - Commerce Minister Lianne Dalziel is appealing to two finance companies not to put the homes of Blue Chip investors up for mortgagee sale.

More Blue Chip Investors Face Losing Their Homes

Wellington, Aug 10 NZPA - More investors in failed property company Blue Chip have been served threatening recovery notices for loans on developments and face losing their homes, a group representing the victims says.

Elderly Blue Chip Investors Still Receiving Notices

Wellington, Aug 7 NZPA - An elderly couple living in Taupo face losing their home in the wake of the collapse of property investment company Blue Chip.

Lawyers For Blue Chip Investors `Run Off Our Feet'

Wellington, Aug 6 NZPA - Two lawyers acting for more than 300 Blue Chip investors say many of the investors in the failed Auckland apartment specialist are elderly and women -- often widows faced with financial disaster.

Blue Chip Liquidator Says No Forced Mortgagee Sales Yet

Wellington, April 24 NZPA - The liquidator for Blue Chip property investment companies said that funders of investors' loans had not forced any mortgagee sales, although some letters of default had been sent out.

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