New Zealand's High Court has ordered 23 further entities in the Chance Voight group into liquidation, the Financial Markets Authority (FMA) said on Monday, widening a wind-up that already covers the group's parent company.
The Court granted the FMA's application on 10 September 2026. It found that the group's active entities — those holding bank accounts — are insolvent and unable to pay their debts as they fall due.
The inactive companies, which hold no bank accounts, were placed into liquidation on just and equitable grounds. The Court concluded it was artificial to treat them as separate from the group, and that the efficiency of the liquidation process and other factors warranted winding them up alongside the rest.
The ruling follows an earlier High Court decision that placed the group's parent, Chance Voight Investment Corporation Limited, and five related companies into liquidation.
The FMA said investors and creditors with questions about the liquidation should contact the liquidators. Anyone with information can contact the regulator at cvi@fma.govt.nz.
