Du Val founders seek legal aid

Du Val founders seek legal aid
The FMA raided the Clarkes' Victoria Ave home on Aug 2. (Image: NZME)
Maria Slade
Garth Bray
Charlotte and Kenyon Clarke, the founders of failed property developer Du Val, have applied for legal aid to cover the cost of lawyers representing them in the Financial Markets Authority case against the group.In August, the Government, on the FMA's recommendation, put 70 Du Val entities into statutory management, while the Clarkes personally and their family trust are in receivership.The FMA gained orders seizing the group’s assets and conducted an early morning raid on the Clarkes’ rented home in Victoria Ave, Remuera.The cou...

More Property

F&P Healthcare one step closer to new Karaka campus
Policy

F&P Healthcare one step closer to new Karaka campus

Auckland Council has approved a request to rezone nearly 90ha going to hearings.

Oliver Lewis 12 Sep 2025
Average home insurance tops $2,000
Infrastructure Risky Business

Average home insurance tops $2,000

Insurance premiums in New Zealand have increased dramatically in recent years.

Michael Neilson 11 Sep 2025
IRD property sector blitz finds $228m in unpaid tax
Property

IRD property sector blitz finds $228m in unpaid tax

IRD uncovered $75m from undeclared income tax and GST from property.

Garth Bray 10 Sep 2025
Investore taps investors to buy Auckland’s Silverdale Centre
Property

Investore taps investors to buy Auckland’s Silverdale Centre

Chair Mike Allen said the acquisition presented a “compelling opportunity”.

Gregor Thompson 08 Sep 2025