Property Ventures liquidator drops Henderson from lawsuit, citing 'lack of assets'

Mon, 13 Nov 2017

By Jonathan Underhill Nov. 14 (BusinessDesk) - The liquidator of Property Ventures Ltd (PVL) has dropped former managing director David Henderson from its lawsuit against the directors and insurer of the failed investment group saying the former bankrupt has no assets to satisfy the claim. In a note dated Nov. 2, Judge Graham Lang said Henderson was no longer a party to the proceeding, which is set down for a substantive hearing starting in February next year. He is the second defendant to exit the lawsuit after PVL's auditor Pricewaterho...

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