{"id":105387,"date":"2019-03-26T08:29:06","date_gmt":"2019-03-26T01:29:06","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainzeal-liquidators-appeals-will-delay-settlement-for-creditors\/"},"modified":"2019-03-26T09:04:08","modified_gmt":"2019-03-26T02:04:08","slug":"mainzeal-liquidators-appeals-will-delay-settlement-for-creditors","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainzeal-liquidators-appeals-will-delay-settlement-for-creditors\/","title":{"rendered":"Mainzeal liquidators: Appeals will delay settlement for creditors"},"content":{"rendered":"<p>&#013;<br \/>\nLiquidators 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&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : nzherald.co.nz\/Property&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.nzherald.co.nz\/property\/news\/article.cfm?c_id=8&amp;objectid=12216435&amp;ref=rss\" target=\"_blank\">Mainzeal liquidators: Appeals will delay settlement for creditors<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Liquidators of failed construction company Mainzeal, which went under owing about $115 million, have voiced&#46;&#46;&#46;<\/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-105387","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-rpN","jetpack-related-posts":[{"id":142110,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-businessman-richard-yan-sought-by-new-zealand-liquidators-for-us60-million-debt-he-owes-to-collapsed-construction-firm\/","url_meta":{"origin":105387,"position":0},"title":"Shanghai businessman Richard Yan sought by New Zealand liquidators for US$60 million debt he owes to collapsed construction firm","date":"January 29, 2024","format":false,"excerpt":"\r Liquidators of collapsed Auckland-based construction company Mainzeal are pursuing Shanghai businessman Richard Yan for over US$60 million that he owes to the company\u2019s creditors, in a case that has implications for Chinese developers operating in New Zealand.\r \r Source : South China Morning Post\r Read more...Shanghai businessman Richard Yan\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105779,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/failed-national-builder-ebert-claims-rise-to-massive-108m-second-only-to-mainzeal\/","url_meta":{"origin":105387,"position":1},"title":"Failed national builder Ebert claims rise to massive $108m, second only to Mainzeal","date":"April 5, 2019","format":false,"excerpt":"\r Unsecured creditor claims against failed builder Ebert Construction have climbed to $108 million, according to an update just issued, which puts the failure second only to Mainzeal's $110m losses.Ebert's six-monthly liquidators'...\r \r Source : nzherald.co.nz\/Property\r Read more...Failed national builder Ebert claims rise to massive 8m, second only to Mainzeal","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109820,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/liquidators-file-bankruptcy-application-against-mainzeals-yan\/","url_meta":{"origin":105387,"position":2},"title":"Liquidators file bankruptcy application against Mainzeal&#039;s Yan","date":"August 12, 2019","format":false,"excerpt":"\r The liquidators for Mainzeal say they have been forced to use bankruptcy proceedings to get $18 million out of former director Richard Yan. While both sides are appealing the $36 million in damages awarded against several former...\r \r Source : nzherald.co.nz\/Property\r Read more...Liquidators file bankruptcy application against Mainzeal's Yan","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104411,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/36m-mainzeal-ruling-can-jenny-shipley-and-co-directors-pay-up\/","url_meta":{"origin":105387,"position":3},"title":"$36m Mainzeal ruling: Can Jenny Shipley and co-directors pay up?","date":"February 26, 2019","format":false,"excerpt":"\r Mainzeal creditors can find some satisfaction in a $36 million award, but the building company's collapse six year's ago still highlights \"deep flaws\" in the system, a construction lawyer says.The High Court yesterday ruled that...\r \r Source : nzherald.co.nz\/Property\r Read more...m Mainzeal ruling: Can Jenny Shipley and co-directors pay\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104515,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainzeal-anatomy-of-a-corporate-downfall\/","url_meta":{"origin":105387,"position":4},"title":"Mainzeal: anatomy of a corporate downfall","date":"March 1, 2019","format":false,"excerpt":"\r Mainzeal 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...\r \r Source : nzherald.co.nz\/Property\r Read more...Mainzeal:\u2026","rel":"","context":"In &quot;Property News&quot;","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":105387,"position":5},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/105387"}],"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=105387"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/105387\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=105387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=105387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=105387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}