Media Release
MR No. 2026 – 33
Six Chance Voight companies have been placed into liquidation by the High Court after it found the Rangiora-based Chance Voight Group was insolvent and operating an unsustainable business model.
Following an investigation by the Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko, the FMA asked the High Court to appoint liquidators to Chance Voight’s parent company and five core subsidiaries. The High Court heard the FMA’s application on 29 June 2026.
Today the High Court has issued a decision appointing liquidators and finding the Group was insolvent and reliant on new investor funds to meet existing obligations and was unable to meet its debts as they fell due.
The FMA’s Head of Enforcement, Margot Gatland, says, “Our primary goal in bringing the liquidation proceeding was to ensure the preservation of investor funds to the extent possible. The Court’s judgment confirms the FMA’s concerns about the management of these companies.
“The Court found that the companies, with one exception were insolvent, and that the evidence was overwhelming. The remaining company was a holding company that did not trade and was wound up on the basis of a justifiable lack of confidence in its management.”
Investigation continues
The FMA’s investigation into Chance Voight Investment Corporation Limited, its subsidiaries and persons and entities associated with the Chance Voight Group remains ongoing. Anyone with information can contact the FMA by email: [email protected] or by phone to 0800 434 566.
Investor or creditor queries should be referred to the liquidators by email: [email protected].
ENDS
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