Ngāti Awa Group owed $8m by White Island Tours

Ngāti Awa Group owed $8m by White Island Tours
Paul Quinn is the sole director of White Island Tours. (Image: NZME)
Gregor Thompson
White Island Tours owes $8.5 million to creditors, according to the liquidator's first report released on Wednesday.Chartered accountants and licensed insolvency practitioners Raymond Paul Cox and Gareth Russel Hoole from Ecovis KGA were appointed liquidators on June 7.The company ferried tourists to Whakaari/White Island, north of Whakatāne, on Dec 9, 2019, when 22 people lost their lives when it erupted, and 25 were injured.According to Wednesday’s report, White Island Tours owes just over $8.5m to creditors, $8m of which is attribu...

More Law & Regulation

Damien Grant 'stacked creditor vote', US lender claims
Property

Damien Grant 'stacked creditor vote', US lender claims

Ormiston Rise funder Arena is taking court action to have the liquidator removed.

Rise in liquidations compounded by IRD crackdown
Economy

Rise in liquidations compounded by IRD crackdown

The IRD filed two-thirds of creditor applications in the March quarter.

Gregor Thompson 22 Apr 2025
Employers behaving badly
Law & Regulation

Rachael Judge: Employers behaving badly

The consequences can be significant for employers.

Rachael Judge 22 Apr 2025
ComCom clears Woolworths ready-meal deal
Retail

ComCom clears Woolworths ready-meal deal

The Commerce Commission granted clearance for Woolworths Group to acquire ready-meal manufacturer Beak & Johnston.Through facilities in New Zealand and Australia, Beak & Johnston (B&J) makes and supplies ready-to-eat meals under its brands to grocery retailers, wholesalers, and f...

Gregor Thompson 17 Apr 2025