{"id":104515,"date":"2019-03-01T00:00:00","date_gmt":"2019-02-28T17:00:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainzeal-anatomy-of-a-corporate-downfall\/"},"modified":"2019-03-01T00:02:56","modified_gmt":"2019-02-28T17:02:56","slug":"mainzeal-anatomy-of-a-corporate-downfall","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainzeal-anatomy-of-a-corporate-downfall\/","title":{"rendered":"Mainzeal: anatomy of a corporate downfall"},"content":{"rendered":"


\nMainzeal was a basket case for years. The company was propped up like a sad puppet, taking advantage of a pile of clients’ cash before it dished that out to workers, kept afloat when really it should have dropped like a plumb line…
\n
\nSource : nzherald.co.nz\/Property
\nRead more…Mainzeal: anatomy of a corporate downfall<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Mainzeal was a basket case for years. The company was propped up like a sad...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-104515","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rbJ","jetpack-related-posts":[{"id":105387,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainzeal-liquidators-appeals-will-delay-settlement-for-creditors\/","url_meta":{"origin":104515,"position":0},"title":"Mainzeal liquidators: Appeals will delay settlement for creditors","date":"March 26, 2019","format":false,"excerpt":"\r Liquidators of failed construction company Mainzeal, which went under owing about $115 million, have voiced disappointment about Appeal Court proceedings announced this week.Brian Mayo-Smith and Andrew Bethell of BDO issued a statement...\r \r Source : nzherald.co.nz\/Property\r Read more...Mainzeal liquidators: Appeals will delay settlement for creditors","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143145,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainzeal-claims-hit-159m-dame-jenny-shipley-settles-6-6m-payment\/","url_meta":{"origin":104515,"position":1},"title":"Mainzeal claims hit $159m, Dame Jenny Shipley settles $6.6m payment","date":"March 22, 2024","format":false,"excerpt":"\r BDO got 1408 creditor claims against Mainzeal and continues to pay money.\r \r Source : nzherald.co.nz\/Property\r Read more...Mainzeal claims hit 9m, Dame Jenny Shipley settles .6m payment","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98545,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jenny-shipley-and-others-ignored-mainzeal-risk-for-almost-a-decade-court-hears\/","url_meta":{"origin":104515,"position":2},"title":"Jenny Shipley and others ignored Mainzeal risk for almost a decade, court hears","date":"September 26, 2018","format":false,"excerpt":"\r Significant governance risks existed at failed construction company Mainzeal almost a decade before the company collapsed, according to evidence from veteran company director Sandy Maier.But directors, including former Prime Minister...\r \r Source : nzherald.co.nz\/Property\r Read more...Jenny Shipley and others ignored Mainzeal risk for almost a decade, court hears","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104397,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/three-mainzeal-directors-speak-out-taking-advice-on-36m-decision\/","url_meta":{"origin":104515,"position":3},"title":"Three Mainzeal directors speak out: taking advice on $36m decision","date":"February 26, 2019","format":false,"excerpt":"\r Three directors of failed builder Mainzeal, including former prime minister Dame Jenny Shipley, have reacted to today's $36 million High Court liability decision saying it has 'novel aspects' and that they are taking advice on it....\r \r Source : nzherald.co.nz\/Property\r Read more...Three Mainzeal directors speak out: taking advice on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105383,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jenny-shipley-and-other-mainzeal-directors-to-appeal-36m-high-court-decision\/","url_meta":{"origin":104515,"position":4},"title":"Jenny Shipley and other Mainzeal directors to appeal $36m High Court decision","date":"March 26, 2019","format":false,"excerpt":"\r Former Mainzeal directors Dame Jenny Shipley, Clive Tilby and Peter Gomm will appeal against a High Court decision ordering them to pay a total of $36 million. The former directors will today file a notice of appeal of the High...\r \r Source : nzherald.co.nz\/Property\r Read more...Jenny Shipley and other\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109440,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainzeal-case-36m-penalty-stands-as-jenny-shipley-other-directors-lose-appeal\/","url_meta":{"origin":104515,"position":5},"title":"Mainzeal case: $36m penalty stands as Jenny Shipley, other directors lose appeal","date":"July 29, 2019","format":false,"excerpt":"\r Former Prime Minister Dame Jenny Shipley and other directors of failed national builder Mainzeal Construction have lost an attempt to reduce financial penalties.The High Court at Auckland rejected the case brought by Jennifer Mary...\r \r Source : nzherald.co.nz\/Property\r Read more...Mainzeal case: m penalty stands as Jenny Shipley, other directors\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/104515"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=104515"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/104515\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=104515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=104515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=104515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}