Developer avoids liquidation for now

Longevity Construction owes Mitre 10 $153,000. (Image: Dean Purcell)

Tue, 25 Mar 2025

A bid to liquidate the construction company of a troubled Auckland developer has been put off until May as the firm claims it can come up with a compromise to pay its debts.There was no dispute Longevity Construction owed firewall manufacturer Korok Building Systems $50,000, “we just need more time”, the company’s lawyer, Daniel Grove, told the High Court at Auckland on Friday.Building supplies merchant Mitre 10 is also owed $153,000 and supports Korok’s application to liquidate Longevity.The founder and sole direct...

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