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Receiverships, administrations and liquidations
Arena Capital Limited
27 August 2015
Grant Graham and Neale Jackson
Access to information about Arena contained on this web page (and any links thereto) is limited to creditors of Arena (and any professional advisor of those creditors). In order to access this information, you must declare as follows:
“I declare that I am a creditor of Arena (or a professional advisor of such a creditor) and I agree not to communicate any information contained on this web page (and any links thereto) to any person other than another creditor of Arena without the express written consent of KordaMentha or unless otherwise compelled by law.”
By clicking Proceed below you declare and acknowledge the above statement:
Grant Robert Graham and Neale Jackson were appointed Joint and Several Receivers and Managers of the assets and undertaking of the Company on 27 May 2015 pursuant to a court order made under s 522 Financial Markets Conduct Act 2013. The receivership ended on 27 August 2015.
On 24 July 2015 Neale Jackson and Grant Graham were appointed liquidators by the Court under the Companies Act 1993.
Arena Capital Limited (in Liquidation) trading as BlackfortFX
Company No: 5104841
Liquidation: 24 July 2015
Receivership: 27 May 2015 – 27 August 2015
Appointees: Grant Robert Graham and Neale Jackson
Arena took funds from investors (‘clients’) purportedly for investment in foreign exchange transactions. Transactions with clients were recorded in a spreadsheet analysis. We have secured and realised the Company’s assets and have written to all known clients regarding their accounts. We are now focusing on recovery actions.
We have funds available for an initial distribution to clients and creditors of Arena. On 22 February 2017 we filed an application with the Court seeking directions regarding the distribution of recovered assets to Arena’s clients and creditors (see “Directions Application re Distribution of Assets” link under “Documents” below).
All Court documents we file and material developments (including any hearing date) will be posted on this website.
For the latest information please refer to the latest investor email under “Directions Application re Distribution of Assets” Download Documents link below.
Statutory updates on the receivership and liquidation are lodged six-monthly on the New Zealand Companies Office website at https://companies-register.companiesoffice.govt.nz.
All other enquiries can be made to our office using the following email address: [email protected].