Henderson creditors' meeting delayed

David Henderson Photo / Herald on Sunday

Embattled Auckland developer David Henderson has another week to fine-tune his proposal to creditors.

Henderson, being chased by IRD and others, said a creditors' vote due to be taken today to avert bankruptcy had been delayed until next Monday.

Henderson is fighting a bankruptcy application supported by Inland Revenue, which is owed $3.7 million, and the Bank of Western Australia, owed about $33 million, in the High Court at Auckland.

High Court Associate Judge Jeremy Doogue previously adjourned IRD's application to bankrupt Henderson to April 19, to allow Henderson's creditors to vote on his new proposal today.

He is quietly confident he would be able to get creditors' agreement and stave off bankruptcy.

- Anne Gibson