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BWA Insolvency - Latest News [Page 1]
Liquidator's Report Reveals Findings On Silvermoon
Thursday, 7 March 2024, 5:34 pm | BWA Insolvency
The Liquidator's First Report on jewellery retailer Silvermoon reveals financial and management challenges were the key factors in the failure of the business. Bryan Williams of BWA Insolvency Ltd, the appointed liquidator for Keeper's Quarter & More >>
Insolvencies Continue To Rise In New Zealand, According To Latest Data
Friday, 25 August 2023, 9:52 am | BWA Insolvency
As the economy stagnates, latest quarterly data shows insolvencies continue to rise, up 34% on Q1 and 69% on the same time last year. Insolvency practitioners have been kept very busy over the past year as business failures continue their upward trajectory, ... More >>
Latest Data Shows Insolvencies Continue To Rise, Up 28% Year-on-Year
Tuesday, 16 May 2023, 10:32 am | BWA Insolvency
The latest report from Auckland-based BWA Insolvency shows a steady increase in business failures across the country, with the triple whammy of price increases, supply shortages and decreasing demand affecting a range of different sectors. ... More >>
Insolvency Triggers New Zealand’s Largest Auction Of Commercial Plant And Equipment
Thursday, 6 April 2023, 11:22 am | BWA Insolvency
The largest insolvency-triggered auction of commercial earthmoving and civil construction equipment in New Zealand will take place next month. More than 350 items belonging to AH Construction Services, an Auckland-based company specialising in site preparation ... More >>
Insolvency Triggers New Zealand’s Largest Auction Of Commercial Plant And Equipment
Thursday, 30 March 2023, 2:57 pm | BWA Insolvency
The largest insolvency-triggered auction of commercial earthmoving and civil construction equipment in New Zealand will take place next month. More than 350 items belonging to AH Construction Services, an Auckland-based company specialising in site preparation ... More >>
Latest Quarterly Data Shows Insolvencies Continue To Rise
Thursday, 16 March 2023, 3:18 pm | BWA Insolvency
The latest quarterly report from Auckland-based BWA Insolvency shows a steady increase in business failures across the country. Between October and December 2022, 457 formal insolvency proceedings were lodged compared to the previous period between July and ... More >>
Insolvency Expert Becomes Second In NZ To Be Inducted Into Global Organisation
Thursday, 8 September 2022, 1:09 pm | BWA Insolvency
Kiwi insolvency expert Bryan Williams has become just the second person in New Zealand and one of 200 people worldwide to be named a Fellow of global insolvency organisation Insol International. And as the global economy looks set to head into a recession ... More >>
Business Insolvency In A Pandemic World
Thursday, 22 July 2021, 11:32 am | BWA Insolvency
By Bryan Williams of BWA Insolvency The economic effects of the COVID-19 pandemic have seen an increase in demand for insolvency services. We believe this demand will only increase over the next few years. While New Zealand hasn’t seen ... More >>
Underlying Conditions
Thursday, 23 April 2020, 11:44 am | BWA Insolvency
“Underlying conditions” and “impaired immune systems” are terms that New Zealand now readily understand. They are used in the context of those people in our society who are most vulnerable to the effects of COVID-19. That same vulnerability ... More >>
Government’s Business Debt Hibernation Scheme Is A Watered-down Version Of Voluntary Administration
Wednesday, 15 April 2020, 1:19 pm | BWA Insolvency
The government has made positive plans to reignite the economy post lockdown. An example of this is the Business Debt Hibernation scheme. This is designed to increase the survival potential of a viable business that may be faltering because of the ... More >>
COVID-19 The Ultimate Disrupter
Wednesday, 15 April 2020, 1:19 pm | BWA Insolvency
The way we obtain our music, source our goods, find answers or gossip has never been the same since iTunes, Amazon, Google and Facebook became part of our lives. While they were disrupters to what came before them, they will pale in significance ... More >>
Up to 70 jobs to go at Shanton Fashions Limited
Thursday, 26 February 2015, 9:15 am | BWA Insolvency
Up to 70 jobs to go at Shanton Fashions Limited Up to 70 staff working for Shanton Fashions Limited will lose their jobs and 17 stores will close as the company begins a restructuring process amid voluntary administration. Of the 37 stores nationwide, ... More >>
Shanton Fashions Limited owes almost $7.8 million
Wednesday, 11 February 2015, 1:18 pm | BWA Insolvency
Creditors of women’s clothing chain Shanton Fashions Limited are owed almost $7.8 million while the business is being advertised for sale in an attempt preserve the brand’s inherent value and make a distribution to creditors. More >>
Shanton Fashions Limited owes almost $4 million
Thursday, 22 January 2015, 9:51 am | BWA Insolvency
Almost $4 million is owed to about 220 unsecured creditors of Shanton Fashions Limited, but administrator Bryan Williams of BWA Insolvency is confident Shanton can and will continue to trade. More >>
BWA Insolvency appointed as administrator for Shanton
Monday, 12 January 2015, 11:25 am | BWA Insolvency
The directors of Shanton Fashions Limited have placed the company into voluntary administration, with insolvency expert Bryan Williams of BWA Insolvency appointed as administrator. More >>
