NBR Court Report: Would you forget spending $350,000?

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A big-spending bankrupt who cannot remember where $350,000 went, an alleged fraudster’s $2 million home and a Rich Lister’s gate are all issues discussed in the courts this week.

On Tuesday, a man’s bankruptcy was extended for failing to assist investigations into his affairs, with his claim he “cannot remember” spending $350,000 fell on deaf ears.

NBR court reporter Hamish McNicol tells NBR Radio that Matthew Joseph Eggers has been found to have “scant regard” for process after his mother uplifted $350,000 from a bank account following a Family Court order he pay his former wife $500,000.

Associate Judge Hannah Sargisson’s judgment says Mr Eggers is determined to prevent the Official Assignee from investigating his affairs and from his ex-wife ever getting her money.

The bankrupt’s claim he “spent up large” on $1000 Lotto tickets, beer and holidays failed to convince the associate judge further investigation into his affairs will not find the money.

On Thursday, the court heard the daughter of an alleged fraudster has been allowed to stay living free in his $2 million Mairangi Bay home despite an American firm’s desire to put it into receivership.

Los-Angeles-based marketing firm Americhip alleges New Zealander Jason Charles Dean defrauded it of $10 million and wants his home put into receivership as it is the only known major asset of Mr Dean’s.

Mr McNicol says the company wants it preserved and rented out at market rates, said to be about $1500 a week, which can then be held until the company’s claim to the property is settled.

Justice Simon Moore, however, declined the receivership, and has allowed Mr Dean’s daughter to continue living in the property rent free.

Finally, Mr McNicol says it is “gate closed” on the Rich List neighbours at war dispute concerning access to a shared driveway between multi-million dollar properties in the Hauraki Gulf.

Evan Christian has claimed victory in the dispute, after a judge ruled his Rich List neighbour Cameron Gregory cannot force a gate Mr Christian took down to be put back up.

Mr Christian called the win, fought out between two Queen’s Counsel, one for “all parents.”

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