Rodney Hide pays $268k to fight LPF

Wed, 13 Jan 2021

In the latest twist in the David Henderson Property Ventures Limited liquidation saga, a company directed by former politician Rodney Hide has paid more than $260,000 to fight litigation funder LPF Group and others in court.LPF had funded liquidator Robert Walker’s suit against Property Ventures' former directors, PwC and other parties alleging breach of duties.A final settlement with LPF’s funding vehicle, SPF Group, was reached in 2018.However, 100 Investments, a company directed by Hide which claims to be a secured credi...

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