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Du Val was in a ‘precarious position’ – Andrew Bayly

Cabinet briefing paper on statutory management stressed urgency as creditors were set to move on the troubled development firm.

Du Val founders Kenyon and Charlotte Clarke.

Du Val and its associated entities joined a select club after being moved into statutory management on August 21, dominated by failed property schemes.

In the August 21 Cabinet briefing, released today, Commerce and Consumer Affairs Minister Andrew Bayly said while the move was “rarely

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Brent Melville Mon, 30 Sep 2024
Contact the Writer: bmelville@nbr.co.nz
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Du Val was in a ‘precarious position’ – Andrew Bayly
Law,
106064
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