
Fri Sep 06 02:57:27 UTC 2024: – Work on a Du Val apartment project in Auckland stopped as contractors threatened legal action
– Investors and staff felt they had been burnt, with one woman losing up to $1.2 million
– Du Val Group placed into receivership and then statutory management
– Statutory managers found irregular accounting and questionable asset values in the company
– Kenyon Clarke denies the company is insolvent, but has taken down his social media accounts
– Statutory managers working to seek positive outcomes for those impacted by the situation.
Du Val founder faces his last rodeo
Du Val founder faces his last rodeo