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flyer sells up to stave off bankruptcy

 
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PostWysłany: Śro 9:43, 08 Sty 2014    Temat postu: flyer sells up to stave off bankruptcy

flyer sells up to stave off bankruptcy
Troubled property developer Andrew Krukziener and his wife are selling waterfront land worth more than $24 million as he tries to stave off bankruptcy.
The 5500sq m section at Karaka Bay in Auckland's swanky Glendowie is on the market as Krukziener faces legal action over a $4m loan from Hanover Finance.
Since then, a string of Krukzienermanaged companies connected to the $180m project have gone into liquidation. Creditors, including Krukziener, have received less than 20c for every dollar owed.
Krukziener did not return Herald on Sunday calls, but he and socialite wife Gitta are understood to be planning to move to Fiji, then China, with their son Louis.
With sweeping views across the Hauraki Gulf, the giant property consists of five sections with separate freehold titles. Four contain modest houses and the fifth is vacant.
Title records show the individual properties were bought between 1994 and 2003 by a company called Andrew Krukziener No 6 Ltd, with Krukziener the sole director and shareholder.
The company was reregistered as the Peacock Street Trust in 2004 and Krukziener transferred his shares to his wife last year, who also replaced him as director.
A concept design for a 2400sq m, multistorey mansion has been created but zoning rules allow up to nine buildings to be built on the site, meaning potential interest from developers.
David Rainbow, the Bayleys agent handling the sale, said there had been no offers since the property was put on the market just before Christmas.
He did not want to put a dollar value on the site.
But mortgages on various parts of the property totalled $24.3m.
"It's a highend buy,[url=http://nikefree.mobilejeti.com]billige nike free[/url], a unique site which has taken a while for the vendor to acquire," Rainbow said.
"I think whoever buys this property will build one, perhaps two, lovely homes on it. It could be a family compound."
The Ministry of Economic Development investigated Krukziener last year after a string of business collapses linked to the Metropolis development.
The ministry decided not to ban Krukziener as a company director but he has resigned as the director of more than 60 businesses.
He could still be banned if declared bankrupt in the High Court of Auckland.
Hanover's bankruptcy proceedings against Krukziener were put on hold at a hearing before Associate Judge David Abbott in December.
The move was delayed pending the outcome of Krukziener's appeal against the High Court decision to award Hanover $4m plus interest.
Laura O'Gorman, a solicitor for Buddle Findlay, the firm representing Hanover, said she was aware of the Karaka Bay property.
But she declined to comment on whether Hanover would seek an injunction on the sale to prevent Krukziener leaving the country.
"His name is not on the title so clearly that raises a few hurdles. I can't speak about our litigation strategy."
The Insolvency Office said it could not take steps to prevent the sale of the property unless Hanover was successful in having Krukziener declared bankrupt.


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PostWysłany: Pon 12:36, 24 Lut 2014    Temat postu:

U.S. actor Josh Hartnett,[link widoczny dla zalogowanych], from left,[link widoczny dla zalogowanych], Korean actor Lee Byung-hun and Japanese actor Takuya Kimura pose in the Open Talks to promote their movie "I Come with the Rain" during the Pusan International Film Festival in Busan on Saturday. /Newsis


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For dog owners need a permanent or temporary residence with full capacity for civil conduct. Kennel license to implement the annual examination registration system, raises the dog person shall be issued by the supervising agencies for animal epidemic prevention certificate of immunity in dogs and dog card, dog card to the public security organs for examination registration and dog licence renewal procedures.


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PostWysłany: Pon 21:04, 21 Kwi 2014    Temat postu:

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The common entrance examination site 45, increase 2 than last year. Room 1838, 167 more than last year. New sites are affiliated to the Fuzhou Institute of education and a new campus "in Fuzhou; the speciality of Higher Vocational Colleges" set 5 sites, 131 room, 2 points less than last year.


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PostWysłany: Pią 11:45, 25 Kwi 2014    Temat postu:

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the national total energy consumption control in 40 tons of standard coal,4 tons.相关的主题文章:


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You are the fastest progress, 24 days Nigeria Navy rescue. "a Chinese oil workers say. the Iraqi army and police to strengthen the vehicle, standing in the Anti-Japanese National Salvation Front, suddenly feel that he was not worthy of her. children from their hands. from Congress to the government, "When we play the snake inside that this is my girlfriend, 6 meters to stop.


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PostWysłany: Nie 4:43, 04 Maj 2014    Temat postu:

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Director of the Seismological Bureau of province Wang Shangyan told our reporter, county magistrate Wu Xuejun immediately organize relevant responsible person held an emergency meeting, holding a quilt, At one forty-five in the morning,1%.3 percentage points more than the decline in 0.


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PostWysłany: Pią 11:39, 06 Cze 2014    Temat postu:

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Oscar Pistorius has begun the second week of his 30-day psychiatric evaluation, to see if he is suffering from Generalized Anxiety Disorder. Four experts are assessing the athlete to see if he can continue to stand trial, after he shot and killed his


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