Bankrupt property developer takes Australia holiday
Published: 8:02PM Tuesday June 14, 2011 Source: ONE News
Bankrupt Auckland property developer David Stewart Henderson is on holiday in Australia, his lawyer says.
Daniel Grove told ONE News that his client was on a scheduled short break and was in contact with the Official Assignee.
Henderson, whose Kitchener Group was involved in some high profile developments including Princes Wharf and the Hilton Hotel, owes a total of $128 million to a range of creditors including Inland Revenue, Bank West and Downer Construction.
The bankruptcy order was made by Associate Judge Abbott in the High Court in Auckland last Thursday after he turned down Henderson's application for an adjournment.
A bankruptee who leaves New Zealand without the consent of the Official Assignee could face conviction and imprisonment for up to three years or a fine up to $10,000, or both.
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