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Hot Topic Hawke’s Bay
Law
3 mins to read
5

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.

Brent Melville Mon, 30 Sep 2024

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
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Tags
Du Val Group Kenyon Clarke Charlotte Clarke Andrew Bayly build-to-rent
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