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News Archive - April 2012

3 Apr 2012Allied Farmers granted another year's life by finance coy receivers
The receivers of Allied Farmers's former finance company have granted it another year of life.
3 Apr 2012Bank debt issues could be raging buys
Depending on whether you can cope with some uncertainty, some of the NZX-listed bank debt issues look like raging buys at the moment.
5 Apr 2012Bridgecorp directors found guilty
Three former directors of failed finance company Bridgecorp have been found guilty of misleading investors
5 Apr 2012NZF Money's receivers sue, allege insolvent transaction
  NZF Money's receivers are taking legal action against NZF Group and an unspecified number of its past and present directors alleging an insolvent transaction and are seeking to freeze its assets.
10 Apr 2012High Court temporarily freezes NZF Group's assets
The High Court has temporarily frozen NZF Group's assets at the request of the receivers of its former finance company.
11 Apr 2012Heartland edges toward meeting annual profit forecast
Heartland New Zealand has edged closer to meeting its annual profit forecast after posting a $5.3 million operating net profit for the three months ended March.
12 Apr 2012Lombard directors appeal convictions
All four former directors of Lombard Finance have appealed against their recent convictions on Securities Act charges
13 Apr 2012FMA’s case against Hanover revealed
The Financial Markets Authority has revealed its case in its civil proceedings against former directors and promoters of Hanover Finance. 
16 Apr 2012Rates Round Up: April 16
Bank profitability grows; fraud on the increase; more criticism of FMA over Hanover
23 Apr 2012Rates round up: April 23
Hotchin asset freeze remains; Auckland Council gets a rating; F&P Finance rating affirmed; Five Star director pleads guilty

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