{"id":146765,"date":"2024-08-22T11:00:00","date_gmt":"2024-08-22T04:00:00","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/du-val-group-commerce-minister-andrew-bayly-quizzed-on-statutory-management\/"},"modified":"2024-08-23T08:24:46","modified_gmt":"2024-08-23T01:24:46","slug":"du-val-group-commerce-minister-andrew-bayly-quizzed-on-statutory-management","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/du-val-group-commerce-minister-andrew-bayly-quizzed-on-statutory-management\/","title":{"rendered":"Du Val Group: Commerce Minister Andrew Bayly quizzed on statutory management"},"content":{"rendered":"<p>&#013;<br \/>\nComplexity and scale meant immediate government intervention was required &#8211; Bayly.&#013;<br \/>\n&#013;<br \/>\nSource : nzherald.co.nz\/Property&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.nzherald.co.nz\/business\/du-val-group-commerce-minister-andrew-bayly-quizzed-on-statutory-management\/RCPGAHUZYVEELMZZYLWTUZHLVM\/\" target=\"_blank\" rel=\"noopener\">Du Val Group: Commerce Minister Andrew Bayly quizzed on statutory management<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Complexity and scale meant immediate government intervention was required &#8211; Bayly.&#013; &#013; Source : nzherald.co.nz\/Property&#013;&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-146765","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-Cbb","jetpack-related-posts":[{"id":146769,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-puts-auckland-apartment-developer-du-val-group-into-statutory-management\/","url_meta":{"origin":146765,"position":0},"title":"Government puts Auckland apartment developer Du Val Group into statutory management","date":"August 21, 2024","format":false,"excerpt":"\r Andrew Bayly and the FMA issued statements about why this happened and what's next.\r \r Source : nzherald.co.nz\/Property\r Read more...Government puts Auckland apartment developer Du Val Group into statutory management","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132630,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/building-company-liquidations-283-in-11-months-this-year\/","url_meta":{"origin":146765,"position":1},"title":"Building company liquidations: 283 in 11 months this year","date":"December 12, 2022","format":false,"excerpt":"\r 'This is only a sign of worse things to come.' - National's Andrew Bayly.\r \r Source : nzherald.co.nz\/Property\r Read more...Building company liquidations: 283 in 11 months this year","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119744,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-australia-relations-chinese-firm-pulls-out-of-us230-million-bid-for-australian-builder-probuild\/","url_meta":{"origin":146765,"position":2},"title":"China-Australia relations: Chinese firm pulls out of US$230 million bid for Australian builder Probuild","date":"January 12, 2021","format":false,"excerpt":"\r State-owned China State Construction Engineering Corporation has dropped its bid for the Australian builder of the tallest residential tower in Sydney, Probuild, after indications that Australian Treasurer Josh Frydenberg would block the deal on national security grounds.Probuild\u2019s South African parent company, Wilson Bayly Holmes\u2013Ovcon (WBHO), said in a statement\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147196,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/failed-du-val-businesses-owe-237-6-million-first-pwc-statutory-managers-report\/","url_meta":{"origin":146765,"position":3},"title":"Failed Du Val businesses owe $237.6 million: first PwC statutory managers\u2019 report","date":"September 26, 2024","format":false,"excerpt":"\r 'A number of limitations in respect of these financial records' - PwC on Du Val entities.\r \r Source : nzherald.co.nz\/Property\r Read more...Failed Du Val businesses owe 7.6 million: first PwC statutory managers\u2019 report","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":150348,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jewellery-artworks-firearms-du-val-statutory-managers-still-wrangling-over-assets\/","url_meta":{"origin":146765,"position":4},"title":"Jewellery, artworks, firearms: Du Val statutory managers still wrangling over assets","date":"April 2, 2025","format":false,"excerpt":"\r PwC sought court orders for Clarkes to deliver assets or provide information about them.\r \r Source : nzherald.co.nz\/Property\r Read more...Jewellery, artworks, firearms: Du Val statutory managers still wrangling over assets","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172600,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/du-val-group-properties-four-of-six-sold-as-statutory-managers-seek-buyers-for-two-auckland-sites-investigations-ongoing\/","url_meta":{"origin":146765,"position":5},"title":"Du Val Group properties: Four of six sold as statutory managers seek buyers for two Auckland sites, investigations ongoing","date":"September 21, 2026","format":false,"excerpt":"\r Managers will seek court directions as forensic accounting continues.\r \r Source : nzherald.co.nz\/Property\r Read more...Du Val Group properties: Four of six sold as statutory managers seek buyers for two Auckland sites, investigations ongoing","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/146765"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=146765"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/146765\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=146765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=146765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=146765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}