High Court imposes tough bankruptcy conditions on 'grossly reckless' David Henderson

Mon, 19 Dec 2016

By Paul McBeth Dec. 19 (BusinessDesk) - The High Court in Christchurch has banned property developer David Henderson from running a company for six years on top of his six-year-long bankruptcy, which is set to be lifted next month. Associate Judge Rob Osborne today ordered a number of restrictions on Henderson's dealings in a 134-page judgment, which will release the developer from his second bankruptcy on Jan. 27. Henderson was bankrupted in 2010 when his property empire failed in the collapse of the country's finance sector. While the...

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