The luxury boutique Hotel du Vin, located south of Auckland
near Pokeno, has gone into receivership.
On Friday receivers Kordamentha were called in to manage the
business and all of its assets, The New Zealand Herald
reported.
Companies office records show Hotel du Vin is directly owned
by Leeward Holdings -- the holding company for Aster
Investment Company which was also put into receivership on
Friday.
Its spa business Spa du Vin is also owned by Aster Investment
Company.
Hotel du Vin was bought by wealthy American Ed Aster and his
wife in 2001 on a visit to this country.
The hotel is managed by the Heritage Hotel Management chain
and continues to be run. Heritage is not in receivership.
A spokesman for Heritage Hotel Management said it was
continuing to operate the hotel under the receivers and would
continue to do so until a formal agreement was reached.
A meeting would be held with the receivers today.
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