Blue Chip's Mark Bryers arrested in A$17m fraud probe
Former Blue Chip boss Mark Bryers - who is banned from running companies in New Zealand - has been arrested in Australia as part of a A$17 million fraud investigation.
Payroll provider first PledgeMe firm to pay a dividend
Thankyou Payroll says it will be the first local equity crowd-funded firm to pay a dividend, declaring less than 1.6 cents per share or a total of $100,000. The announcement was made at the payroll provider’s annual meeting today, where the company celebrated 10-year turnover...
Long-running Sorensen dispute settled
Investor John Sorensen has settled a longtime dispute with former business partner Michael Jacomb, who tried to get him to reveal his financial affairs. Jacomb, as trustee of Genset Trustees advanced millions to Edel Metals Groups, a company owned by Ken Wikeley, which Sorense...
Victoria Young: VICTORIA YOUNG: Business debt hibernation at a standstill
A Google search of “business debt hibernation NZ” will return more than 50 articles from different professional services firms advising how to use it.In one of these, law firm DLA Piper writes, “while we remain interested to see how the practical use of the BDH regime plays out i...
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