High Court places 23 further Chance Voight entities in liquidation

Media Release
MR No. 2026 - 40

The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko has welcomed a High Court decision placing 23 further entities in the Chance Voight group into liquidation.

On 10 September 2026, the Court granted the FMA’s application to liquidate 23 additional entities in the Chance Voight group. The Court found that the active entities (those with bank accounts) are insolvent and unable to pay their debts as they fall due, and that the inactive companies (those without bank accounts) should be placed in liquidation on the grounds that it is just and equitable to so do because it was artificial to see them as separate to the Group and the efficiency of the liquidation process and the other factors warrant their liquidation.

The decision follows an earlier High Court decision on 24 July 2025 placing the group’s parent company, Chance Voight Investment Corporation Limited, and five related companies into liquidation.

John Fisk, Lara Bennett and Malcolm Hollis have now been appointed liquidators to all entities in the group.

"We welcome the Court's decision. The judgment recognises that the active entities are insolvent, and that it is just and equitable to liquidate the inactive companies given how the group was structured," said Margot Gatland, Head of Enforcement, FMA.

"Bringing all entities under one liquidation process is an efficient way to protect the interests of investors and creditors. Our investigation into the group and associated parties continues, and we encourage anyone with information to contact us."

Anyone with information can contact the FMA at cvi@fma.govt.nz.

Investors and creditors with questions about the liquidation should contact the liquidators.

ENDS

**Media enquiries:**media@fma.govt.nz?subject=Enquiry%3A%20High%20Court%20places%2023%20further%20Chance%20Voight%20entities%20in%20liquidation%20 **Other enquiries:**questions@fma.govt.nz?subject=Enquiry%3A%20High%20Court%20places%2023%20further%20Chance%20Voight%20entities%20in%20liquidation%20

Background

The 23 entities placed in liquidation in the 10 September 2026 judgment are:

Callery Properties Limited
Camden Equities Limited
Chance Voight Aviation Limited
Copeland Properties Limited
Cropp Properties Limited
CVI Accounting Group Limited
CVI Corporation Limited
CVI Finance Limited
CVI Legal Services Limited
CVI Residential Limited
Gawler Equities Limited
Grafton Equities Limited
Hanmer Equities Limited
Hawdon Equities Limited
Penrith Downs Limited
Perth Properties Limited
Ryton Resources Limited
CVI Financial Group Limited
CVI Funds Management Limited
CVI Partners Deep Value Limited
CVI Partners Master Fund Limited
CVI Accountants LP
CVI Management Services LP (in liq)

The first six companies placed in liquidation are Chance Voight Investment Corporation Limited, Chance Voight Investment Partners Limited, CVI Partners Mortgage Fund Limited, CVI Partners Mortgage Income Fund Limited, CVI Securities Limited and CVI Financial Limited. These companies were placed in interim liquidation on 9 December 2025. The FMA applied to have them liquidated on the grounds of insolvency, serious breaches of the Companies Act 1993, and that it was just and equitable to do so. The Court heard the application on 29 June 2026 and released its decision on 23 July 2026 (Financial Markets Authority v Chance Voight Investment Corporation Ltd (2026) NZHC 2113).

To read the background and previous media releases on the Chance Voight Investment Corporation Limited and related entities visit our website -

Chance Voight