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 New Zealand’s Financial Markets Authority (FMA), regulator 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, said:

“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.”

The FMA’s investigation into Chance Voight Investment Corporation Limited, its subsidiaries and persons and entities associated with the Chance Voight Group remains ongoing.

Chance Voight Investment Corporation Limited is a South Island based investment firm. In December 2025, the FMA confirmed it opened an investigation into Chance Voight, it subsidiaries and associated persons due to serious concerns about the management of the Chance Voight Group and the circumstances of the business, which included concerns that the group appeared to be insolvent, failed to supply information to FMA when required to do so and may have misled investors and not met legal requirements for investment offers made to the public. The Chance Voight group is made up of a number of limited companies and partnerships.