Assets of Du Val founders Charlotte and Kenyon Clarke to remain frozen: Court

The Clarkes’ lawyer, Ron Mansfield, KC addresses the court at last month's hearing. (Image: Michael Craig: NZME)

Tue, 22 Jul 2025

The High Court has upheld orders seizing the assets of Du Val founders Charlotte and Kenyon Clarke and their failed property group.Last year, the Financial Markets Authority (FMA) gained the asset preservation orders as part of its ongoing investigation into Du Val, a property development, management and investment group controlled by the Clarkes.The Aug 2 orders included appointing interim receivers to the whole group and the Clarkes themselves.Three weeks later, 70 Du Val entities were put into statutory management. The Clarkes’ family...

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