{"id":74967,"date":"2025-10-13T04:33:07","date_gmt":"2025-10-13T04:33:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/74967\/"},"modified":"2025-10-13T04:33:07","modified_gmt":"2025-10-13T04:33:07","slug":"du-val-founders-charlotte-and-kenyon-clarke-ordered-to-pay-46000-financial-markets-authority-costs","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/74967\/","title":{"rendered":"Du Val founders Charlotte and Kenyon Clarke ordered to pay $46,000 Financial Markets Authority costs"},"content":{"rendered":"

NZ Herald<\/p>\n

13 Oct, 2025 03:25 AM2 mins to read<\/p>\n

Subscribe to listenAccess to Herald Premium articles require a Premium subscription. Subscribe now to listen.Subscribe now<\/p>\n

\u200c<\/p>\n

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Du Val founders Charlotte and Kenyon Clarke.<\/p>\n

The High Court has ordered Du Val founders Charlotte and Kenyon Clarke to pay the Financial Markets Authority $46,000 in expenses after the regulator succeeded in freezing the couple\u2019s assets, BusinessDesk reports<\/a>.<\/p>\n

\n In July, Justice Jane Anderson upheld asset preservation orders seizing the assets of the
\n Clarkes and their failed property business.\n <\/p>\n

The Financial Markets Authority (FMA) gained the original orders in August 2024 as part of its ongoing investigation into Du Val, a property development and investment group controlled by the Clarkes. <\/p>\n

Three weeks later, 70 Du Val entities were put into statutory management. <\/p>\n

The Clarkes, their family trust and five associated entities remain in receivership. <\/p>\n","protected":false},"excerpt":{"rendered":"NZ Herald 13 Oct, 2025 03:25 AM2 mins to read Subscribe to listenAccess to Herald Premium articles require…\n","protected":false},"author":2,"featured_media":74968,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[58720,74,95,19092,1124,138,58722,39200,13177,802,12448,1349,6630,27125,1644,19363,44412,2959,58719,220,111,139,69,19719,2744,23942,766,58721,61,27078],"class_list":["post-74967","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-58720","tag-after","tag-and","tag-assets","tag-authority","tag-business","tag-businessdesk","tag-charlotte","tag-clarke","tag-costs","tag-couples","tag-court","tag-du","tag-expenses","tag-financial","tag-founders","tag-freezing","tag-high","tag-kenyon","tag-markets","tag-new-zealand","tag-newzealand","tag-nz","tag-ordered","tag-pay","tag-regulator","tag-reports","tag-succeeded","tag-to","tag-val"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/74967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=74967"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/74967\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/74968"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=74967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=74967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=74967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}