UPDATED: Du Val liquidation hearing to proceed as Chinese bank moves

Du Val's Kenyon Clarke is in receivership (Image: Supplied)

Tue, 06 Aug 2024

A liquidation hearing involving Du Val’s former construction subsidiary is set to proceed on Monday despite regulators swooping on more than 60 of the property group’s companies.Meanwhile, company records show China Construction Bank also moved to appoint receivers last Friday when the High Court placed 64 Du Val entities and the group’s two founders, Kenyon and Charlotte Clarke, in interim receivership at the Financial Markets Authority's (FMA) request. This means some entities now have two sets of receivers appointed.The...

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