The Official Assignee has filed papers in the High Court opposing the automatic discharge of high-profile property developer Terry Serepisos from bankruptcy next month. The government agency, which administers all bankruptcies, filed a notice in the High Court in Wellington objecting to the lifting of Serepisos’s bankruptcy, a spokesman said in an emailed statement. “This means that he will not …

Kathmandu Holdings, which today posted a 4.5 percent decline in annual profit, said Australasian earnings should rise in the coming year although overall profit at the outdoor equipment retailer may be dented by investment spending. Net profit fell to $42.2 million, or 20.8 cents a share, in the year ended July 31, from $44.2 million, or 21.9 cents, a year earlier, the Christchurch-based …

GeoOp chief executive Leanne Graham has resigned 11 months after the small business app developer listed on the New Zealand Alternative Index and will take a new role with the company leading its push into the US. The shares dropped 11 percent. Graham will move to the US to become executive strategic adviser for America, which currently makes up 8 percent of the company’s customer base, the …