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Arria’s Henry averts bankruptcy with bond payout

UPDATE: The imminent arrival of cash from the redemption of Arria NLG bonds persuades the High Court to grant reprieve.

Arria NLG co-founder Gerald Henry.

Tim Hunter Thu, 17 Oct 2024

UPDATE: Documents showing bank transfers from Australia averted bankruptcy for Arria NLG co-founder Gerald Henry at the High Court on Friday.

Henry was ordered by the District Court in February to pay investor Rhonda Joseph $144,000, owing after she triggered a promissory note requiring him to buy

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Tim Hunter Thu, 17 Oct 2024
Contact the Writer: thunter@nbr.co.nz
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Arria’s Henry averts bankruptcy with bond payout
Law,
106320
true