Regulator remains ‘in the dark’ about Du Val founders’ finances

Justice Jane Anderson is deciding whether asset preservation orders should continue against the Clarkes. (Image: Michael Craig)

Maria Slade

Tue, 17 Jun 2025

Receivers handling the affairs of Du Val founders Charlotte and Kenyon Clarke remain “in the dark” about their financial position, the High Court at Auckland has heard.The court is deciding whether orders made last year allowing the Financial Markets Authority (FMA) to seize the assets of the couple and their failed property group can stay in place.The FMA obtained the asset preservation orders without notice, meaning the Clarkes did not have the opportunity to participate.This week’s hearing is to ask the court whether the or...

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