Henderson's post-banko conditions upheldJOHN KIRK-ANDERSON/STUFF Hospitality night spot SOL Square in Lichfield St, central Christchurch was one of Henderson's ventures. The conditions include a permanent ban on giving personal guarantees on loans and forbidding him from being a director until 2022. "He was satisfied that the root causes of Mr Henderson's bankruptcy were profound and endemic to his character." "The causes of Mr Henderson's bankruptcy were undisputed. "In late 2007 PVL and related companies under Mr Henderson's control started to experience difficulties in meeting debt repayment obligations which Mr Henderson had guaranteed."

Source: Stuff September 19, 2017 04:41 UTC