Dave Henderson – a former high-flying property developer – has been accused of misrepresenting his personal financial position in documents supporting loan applications.
Henderson, 60, is under public examination in the High Court in Christchurch before Associate Judge Rob Osborne to decide if he can be discharged from bankruptcy and, if so, under what conditions.
Henderson was adjudicated bankrupt in November 2010 with self-acknowledged debts of about $142 million.
He was due to be automatically discharged from bankruptcy in January last year but the discharge was opposed by the Official Assignee. The court will ultimately decide. The businessman was also bankrupted in 1996.
See Full story by Martin Van Beynen. Published 3/08/15