Du Val founders ordered to pay FMA costs

Du Val founders Charlotte and Kenyon Clarke remain in receivership. (Image: Supplied)

Mon, 13 Oct 2025

The High Court has ordered Du Val founders Charlotte and Kenyon Clarke to pay the Financial Markets Authority $46,000 in expenses after the regulator succeeded in freezing the couple’s assets.In July, Justice Jane Anderson upheld asset preservation orders seizing the assets of the Clarkes and their failed property business.The Financial Markets Authority (FMA) gained the original orders in August 2024 as part of its ongoing investigation into Du Val, a property development and investment group controlled by the Clarkes.Three wee...

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