Tag: blue chip
A group of Blue Chip investors have won the right to void contracts forcing them to buy apartments. Five Supreme Court justices, led by Chief Justice Sian Elias, have ruled Blue Chip was effectively selling the investors debt securities without producing a prospectus or appointing a trustee, both of which are illegal under the Securities Act 1978.
09 Aug 2012 more >>
Blue Chip liquidators have gone to court claiming more than $40 million from former directors and auditors of the failed property investment scheme.
24 Jan 2012 more >>
ANZ Bank and PropertyIQ have been trialing a valuation clearing house system aimed at eliminating fraudulent valuations.
01 Sep 2011 more >>
The Serious Fraud Office is to investigate allegations against an employee of the failed property investment group, Blue Chip, for alleged misinformation to investors and altering loan documents to induce financiers to lend.
22 Jul 2010 more >>
After a tumultuous few years, the Auckland central business district apartment market is finally regaining lost ground. Vicki Holder explores the concrete jungle for investment potential.
08 Apr 2010 more >>
Accountants throughout the country are offering an hour's free time to help struggling Blue Chip investors, the NZ Herald reported on Wednesday
17 Apr 2008 more >>
The Commerce Commission is investigating several alleged breaches of the Fair Trading Act by Blue Chip which may have broken a string of laws.
26 Feb 2008 more >>
Urgent notices are being issued to investors who bought properties from real estate businesses associated with Blue Chip telling them to terminate their lease deals
19 Feb 2008 more >>
Investors in hard-sell property investment company Blue Chip Financial Solutions Ltd may be wondering if they made the right investment decision.
27 Oct 2007 more >>
Diana Clement looks at the dream offered by some of the companies selling one-stop-shop packaged property investments.
09 Feb 2007 more >>
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