A Napier car and boat dealer in liquidation owes close to $1.2 million to 148 creditors. The latter include fellow businesses in the auto industry, staff,.
In administration, TPT has faced legal action from some of the world’s largest shipping companies.
Global shipping firms have demanded more than $39 million from Tauranga forestry logistics business TPT Shipping over a missing shipment of logs, according to the first administrator’s report.
Tony Maginness and Jared Waiata Booth from Baker Tilly Staples Rodway were appointed as voluntary administrators shortly after legal action from two major shipping providers in October.
TPT Shipping is a subsidiary of TPT Group, owned by a group of Tauranga business people, which has provided marketing, sales and shipping for some of New Zealand’s largest forest owners.
In administration, TPT has faced legal action from some of the world’s largest shipping companies.
Global shipping firms have demanded more than $39 million from Tauranga forestry logistics business TPT Shipping over a missing shipment of logs, according to the first administrator’s report.
Tony Maginness and Jared Waiata Booth from Baker Tilly Staples Rodway were appointed as voluntary administrators shortly after legal action from two major shipping providers in October.
TPT Shipping is a subsidiary of TPT Group, owned by a group of Tauranga business people, which has provided marketing, sales and shipping for some of New Zealand’s largest forest owners.