'Strong' suspicion that bankrupt ran firms

MARTA STEEMAN
Last updated 12:22 21/03/2014

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Property developer Dave Henderson's exit from three years of bankruptcy has hit a major hurdle.

Mr Henderson, the man behind "Hendo's Hole" near Queenstown, would have been automatically discharged from bankruptcy in January but the Official Assignee has lodged an objection.

The Official Assignee "strongly suspects" Henderson managed and controlled companies during his bankruptcy, in breach of the Insolvency Act, a High Court judgment shows.

One of the Official Assignee's roles is to administer bankruptcies. She will be preparing a report for the High Court which will include the grounds for objecting to Henderson's discharge from bankruptcy, the court documents say.

The bankruptcy was imposed on November 29, 2010.

In December last year the assignee sought from Henderson copies of correspondence between himself and others, including that about companies previously associated with Henderson.

She summoned him to appear in the Christchurch District Court with the material on January 21.

However, Henderson took the approach that the request was for information about his property only and he told the court he had no property, the documents said.

The High Court judgment, released this week, grants the assignee's requests which demand Henderson hand over the required material in 10 working days.

The material includes a copy of the external hard drive and flash drives held by Robert Walker, the liquidator of Henderson's companies.

The hard drive and flash drives store data extracted from Henderson's laptop, seized by the police during a search on April 8, 2011, of Henderson's offices, the court documents said.

Other material sought includes copies of emails between Henderson and Grant Smith during his bankruptcy about companies in which Henderson has been a shareholder, director or had an interest in since July 9 2005.

It also includes copies of emails during his bankruptcy between himself and others.

Henderson will be summoned by the assignee to appear in the High Court on June 9 for an examination of his bankruptcy, the court documents said. He is representing himself.

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- The Southland Times

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