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U: The names behind the action, the week to 8 May 2005, part 3

Click to see the rest of this week’s U column: Part 1, Part 2, Part 3, Part 4, Part 5, Part 6

Contents:

Kidd Holdings (1988) wound up

Le’Kreme settles

Liguori calls liquidator in to Lemba 15 minutes before court hearing

Loyal Group Logistics wound up

National Trade Manuals settling

Creditor pushes for costs against Online Resources

PJPH Properties wound up

R Munro Building & Earthmoving Contractors settles

Names, connections, 2+2

The U column is mostly about the down side of business, court-ordered liquidations but also voluntary liquidations. To make reading of the columns more manageable, they will be cut into sections of about 100 lines, which print out to 3 pages.

The Auckland High Court liquidations list was heard early this week, Tuesday instead of Thursday, by Associate Judge Graham Lang. Items arising from that list are in parts 2-4 of this week’s U column.

3 May 2005:

Court liquidation: Kidd Holdings (1988) wound up

Defendant: Kidd Holdings (1988) Ltd

Directors: Catherine & James Kidd; Maree Kidd resigned last September

Applicant: GDR Plasterboard Services Ltd

Liquidators: Arron Heath & Mike Lamacraft (Meltzer Mason Heath)

Directors’ other main interests: Catherine Kidd is also a director of Faulty Towers Restaurant Ltd and a former director of Clay Block Homes Ltd, Collections (NZ) Ltd & Sou Kina Investments Ltd. Maree Kidd is also a director of Greyhound Lounge & Function Centre Ltd & Sou Kina, and is a former director of Catering Professionals Ltd, Clay Block Homes, Collections (NZ), GN Design Ltd & Progressive Personnel Recruitment Ltd. James Kidd is a former director of Faulty Towers, and is a director of Clay Block Homes, Collections (NZ), GN Design, Gulfstream Property Group Ltd, Progressive Personnel Recruitment Ltd, Regal Motors Ltd and Shalex NZ Ltd.

Settlement: Le’Kreme settles

Court liquidation application, defendant: Le’Kreme Ltd

Directors: Elena Kremechnaia & Leonid Kremechnyi

Applicant: Lasertone Ltd (trading as House of Camille)

Voluntary liquidation: Liguori calls liquidator in to Lemba 15 minutes before court hearing

Defendant: Lemba Investments Ltd

Directors: Alfonso Liguori

Applicant: Inland Revenue

Liquidators: Anthony McCullagh (Horwath Corporate Auckland Ltd)

Directors’ other main interests: Lemba’s counsel, Bob Warburton, said Lemba was placed in voluntary liquidation at 9.45am, 15 minutes before the court session at which Inland Revenue intended to seek a liquidation order. Liguori companies 360 Church Street Ltd & Central Trading Services Ltd went into voluntary liquidation in 2002. Other Liguori companies include Cardex Systems Ltd, Circuit Graphix Ltd, George Court & Sons Ltd, Gilmer Properties Ltd, Mega-Store Holdings Ltd, Onyx Construction Ltd & Quadrant Technology Ltd.

Court liquidation: Loyal Group Logistics wound up

Defendant: Loyal Group Logistics Ltd

Directors: Ismail Mohammed Shameem

Applicant: South Pacific Tyres NZ Ltd

Liquidators: Iain Shephard & Christine Dunphy (Shephard Dunphy, Paraparaumu)

Adjourned hearing: National Trade Manuals settling

Defendant: National Trade Manuals Ltd

Directors: Jonathan Watson, Takapuna

Applicant: Inland Revenue

Adjournment date & time: Thursday 16 May at 10 for mention, completion of settlement

Adjourned hearing: Creditor pushes for costs against Online Resources

Defendant: Online Resources Ltd

Directors: Fiona Waldin

Applicant: Morning Star Trading Ltd

Adjournment date & time: Thursday 2 June at 10.45am, for payment of costs

Court liquidation: PJPH Properties wound up

Defendant: PJPH Properties Ltd

Directors: Philip Hackett, Remuera

Applicant: Inland Revenue

Liquidators: David Levin & Keith Palmer (McCallum Petterson)

Directors’ other main interests: Mr Hackett is also a director of Hapua Construction Ltd, a house-building company wound up in 2000.

Settlement: R Munro Building & Earthmoving Contractors settles

Court liquidation application, defendant: R Munro Building & Earthmoving Contractors Ltd

Directors: Robert Munro, Devonport

Applicant: Inland Revenue