Liquidators finish up on Developers Institute after six months

Liquidators finish up on Developers Institute after six months
Developers Institute's Ruth Green-Cole and George Norris. (Image: Supplied)
Riley Kennedy
The liquidation of Developers Institute has wrapped up after the online educator’s intellectual property failed to sell.Last September, the Northland-based educator fell into liquidation after the Tertiary Education Commission (TEC) tried to claw back $1.3 million in overpaid fees.BDO’s Rees Logan and Andrew McKay were appointed to the company’s three entities, which collectively owed more than $2.7m.As BusinessDesk previously reported, a TEC audit obtained under the Official Information Act (OIA) found “major issue...

More Law & Regulation

Calling all mediators
Law & Regulation

Bronwyn Heenan: Calling all mediators

Workers and their bosses both need to have access to timely and skilled mediators.

Bronwyn Heenan 26 Apr 2024
'Serious compliance breaches' in NZ sharemarket
Markets

'Serious compliance breaches' in NZ sharemarket

Seven matters were referred to the NZ Markets Disciplinary Tribunal last year.

Murray Jones 24 Apr 2024
RBNZ challenges ComCom call to review its banking capital settings
Law & Regulation

RBNZ challenges ComCom call to review its banking capital settings

The RBNZ says it has just finished reviewing capital settings and is phasing them in.

Staff reporters 23 Apr 2024
NZ promotor of global pyramid scheme convicted on five charges
Law & Regulation

NZ promotor of global pyramid scheme convicted on five charges

Investors in the 'Lions Share' scheme lost nearly $17 million worldwide.

Staff reporters 23 Apr 2024