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Michael Reeves

Lombard receiver to pay second payment

Lombard receiver to pay second payment
Wellington, Aug 2 NZPA - Lombard Finance and Investments Ltd's receiver has advised of a further payment to investors and is sticking to an estimate of a final payout in the 15 percent to 24 percent range.

Sir Douglas resiles from Treaty role amid Lombard charges

Wellington, April 15 NZPA - Former Lombard Finance director Sir Douglas Graham, one of four directors to face legal charges over the failed company, has stepped down from a government role as a Treaty of Waitangi facilitator.

Criminal charges laid against former Lombard directors

Criminal charges laid against former Lombard directors
Wellington, April 15 NZPA - Former Lombard Finance directors Sir Douglas Graham, Michael Reeves, William Jeffries and Lawrence Bryant are now facing criminal charges which carry a maximum penalty of five years in jail.

Criminal charges now laid against Lombard directors

Criminal charges now laid against Lombard directors
Wellington, April 15 NZPA - The Securities Commission has laid criminal charges against Lombard Finance & Investments directors Sir Douglas Graham, Michael Reeves, William Jeffries and Lawrence Bryant.

Securities Commission acts against two companies

Securities Commission acts against two companies
Wellington, April 14 NZPA - The Securities Commission will file a statement of claim against Nuplex Industries in the High Court today, a day after saying it had started proceedings against four Lombard Finance & Investments directors.

Securities Commission to sue Nuplex and directors

Securities Commission to sue Nuplex and directors
Wellington, April 13 NZPA - The Securities Commission has decided to sue Nuplex Industries and six of its current and former directors.

Legal woes no business of reborn Lombard

Wellington, April 13 NZPA - The success of Lombard Group's reverse takeover yesterday was followed by news today that legal proceedings had been filed against former Lombard Finance directors over the company's failure.

Lombard Group reverse takeover unconditional

Lombard Group reverse takeover unconditional
Wellington, April 13 NZPA - Perth-based insurer Australian Consolidated Insurance (ACIL) has succeeded in a reverse takeover bid for Lombard Group, the parent of failed Lombard Finance.

Securities Commission acts against Lombard directors

Securities Commission acts against Lombard directors
Wellington, April 13 NZPA - The Securities Commission has issued civil proceedings against former government justice ministers Sir Douglas Graham and Bill Jeffries related to the collapse of Lombard Finance & Investments.

Lombard Announces Reverse Takeover Details

Lombard Announces Reverse Takeover Details
Wellington, Feb 23 NZPA - The Lombard Group, the parent of failed Lombard Finance, will go to its shareholders this week with details of a reverse takeover deal that could see it 98.5 percent owned by the shareholders of Perth-based insurer Australian Consolidated Insurance.

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