Black Robin faces another receivership and Serepisos action

Black Robin faces another receivership and Serepisos action
McKenzies Shute was set up to develop three alpine villas in Jack's Point, near Queenstown. (Image: Supplied)
Maria Slade
Auckland property group Black Robin’s troubles continue to mount, with another of its companies going into receivership and two High Court cases pending.McKenzies Shute, a Black Robin entity set up to develop three alpine villas at Jack’s Point near Queenstown, was placed into receivership by FM Custodians on Monday.The company raised $2.6m to develop the three villas and listed the equity investment on the Catalist small business exchange.The latest collapse follows the receivership in April of Black Robin entity 3370GNR, whic...

More Property

Co-operative Bank, ComCom agree penalty fee
Finance

Co-operative Bank, ComCom agree penalty fee

The bank is silent on the penalty amount it and the Commerce Commission are aligned on.

Andy Macdonald 26 Nov 2025
Amendment may create a fast-track to judicial reviews
Property

Amendment may create a fast-track to judicial reviews

How a fix to speed up projects could send more to court instead.

Garth Bray 26 Nov 2025
Kiwi Property Group's interim profit lower as write-downs bite
Economy

Kiwi Property Group's interim profit lower as write-downs bite

The property company reiterates its full-year dividend views.

Andy Macdonald 24 Nov 2025
Penk announces compulsory building warranties
Economy

Penk announces compulsory building warranties

Under the proposed change, those responsible pay their share only.

Staff reporters 24 Nov 2025