03/09/2024
If you are in the Construction Industry how can you protect yourself from a company you are working for?
You have to be a Secured Creditor.
How do I do this?
By registering a PPSR - A Person Property Security Registration over the company you are providing goods for.
And it is simple to do!
https://www.1news.co.nz/2024/08/22/du-val-leaves-at-least-quarter-billion-in-debts-govt-steps-in/
This is Kenyon Clarke and his wife Charolotte - whose companies the Du Val Group have gone into liquidation leaving behine a trail of disaster of a least $250 million!!
I can only imagine how someof these business owners are feeling!
Companies associated with the property developer have been placed into a statutory management, a rare move by the Government.