D-day looms for Du Val pair

D-day looms for Du Val pair
Du Val founders Kenyon and Charlotte Clarke. (Image: Supplied)
Maria Slade
Du Val founders Charlotte and Kenyon Clarke have until January 15 to deliver a range of items to receivers PwC and provide a statement of their personal financial affairs.Before Christmas, the receivers asked the High Court to order the couple to provide the items and information, and to present for interviews.Auckland property development group Du Val was placed in statutory management in August owing an estimated $240m to its lenders, investors and suppliers.PwC are the statutory managers, and the receivers of the Clarkes’ property and...

More Property

Brothel goes into liquidation
Property

Brothel goes into liquidation

One33 Vincent had been in dispute with its landlord over covid-related rent arrears.

Maria Slade 23 Jan 2025
Government looks to sell 35 homes in Waikanae
Policy

Government looks to sell 35 homes in Waikanae

Ministry to pay $21.5m and on-sell homes after developer triggers underwrite.

Oliver Lewis 21 Jan 2025
Clarkes hand over 'certain items' to Du Val receivers
Property

Clarkes hand over 'certain items' to Du Val receivers

The failed property group's founders had until Wednesday to front up with the assets.

Maria Slade 16 Jan 2025
Analysts expect RV companies to raise equity
Property

Analysts expect RV companies to raise equity

“We expect investor support for a capital raise," Jarden's Arie Dekker said.

Gregor Thompson 15 Jan 2025