The newly updated and reformatted Companies Office website was officially opened at 8 a.m. Monday 28 June 2010. It reveals as at 3 July 2010 that for Truth Publications Ltd (In Liq) – “There are outstanding filing obligations in relation to this companys insolvency”. The company was put into liquidation on 21 October 2009 and the Liquidator’s initial report highlighted that $622,000 was estimated as owed to “unsecured creditors and subordinated lenders”. The Liquidator’s six monthly report due out on 21 May 2010 has yet to be filed. [Read more…]
Porn King Steve Crow was appointed co-director on 8 December 2005 of a company directed by Dermott Malley, and Linzi Frances Malley – Computer Shopper (NZ) Ltd (Co. No. 514464) – that is now in liquidation. According to the Liquidator’s Report dated 28 May 2009, it owes $163,550 to Second Ranking Preferential Creditor – the IRD – and $262,528 to over 40 unsecured creditors, with other debts yet to be assessed.
Dermott Malley and his wife were directors of the company from 14 May 1992 to 1 September 2006 and Stephen Peter Crow (Steve Crow) served with them as co-director for 11 months before becoming sole director after they resigned. Under Crow’s leadership the company became insolvent and Crow recommended to shareholders, that it be placed into liquidation on 27 May 2009. The Company is 100% owned by CVC Group Ltd (Co. No. 1738154), of which Crow is currently one of three directors and Dermott Malley is a former director (see below).