Court parks developer's bankruptcy

Mohsen Haghi had proposed to pay his unsecured creditors $600,000, representing about 15% of his overall debt but the IRD wanted to bankrupt him.

Hamish McNicol
Thu, 04 Jun 2015

A private developer facing bankruptcy has managed to stave off Inland Revenue just months after winning a case against Wilson Parking over a $15.5 million property.

In March, Mohsen Haghi sought approval in the High Court at Auckland for a payment plan on debts owed to multiple unsecured

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