Failed Weiti Bay Project: Land to be Sold to Recover $67M Debt
The Weiti Bay housing project, a 909-hectare coastal development north of Auckland, remains stalled in a high-stakes legal battle as creditors seek to recover more than $67 million in debt. Following a May Court of Appeal ruling, control of the land is now subject to an expressions-of-interest process managed by administrators, as warring parties contest … Read more
