George Kerr's Pyne Gould receivership continues

George Kerr's Pyne Gould receivership continues
George Kerr came on board as an active investor in Pyne Gould in late 2008. (Image: supplied)
Victoria Young
Receivers for George Kerr’s Pyne Holdings have made legal moves in the UK to protect their claim in shares in Pyne Gould Corporation as court action continues.BNZ appointed receivers Neale Jackson and Natalie Burrett in April 2021 to Pyne Holdings, with the bank owed about $65 million at the date of their third report, June 28.The report said Kerr disputes this amount in separate legal proceedings.The receivers are still trying to get a declaration that Pyne Holdings owns more Pyne Gould Corporation shares, and are preparing for discovery...

More Property

Most Du Val investors unlikely to get anything
Property

Most Du Val investors unlikely to get anything

The statutory manager has released its latest report into the failed property group.

Oceania forecasts sales lift as it targets debt
Property

Oceania forecasts sales lift as it targets debt

It said sales applications had lifted 23% between July and August.

Ryman pulls $240m retirement village plans, lists premium Christchurch land for sale
Property

Ryman pulls $240m retirement village plans, lists premium Christchurch land for sale

CBRE described the property as a ‘generational’ development opportunity. 

Staff reporters 15 Sep 2025
Real estate industry wants AML levy exemption
Finance

Real estate industry wants AML levy exemption

The real estate industry is warning an AML levy will drive up costs in the sector.

Michael Neilson 15 Sep 2025