Auckland property developer McKenna bankrupt

Auckland property developer Nigel McKenna has been declared bankrupt.

He was adjudged bankrupt on Tuesday, according to the insolvency register. There was a debtor petition, the notice said.

A High Court hearing had been scheduled for 2pm today to clarify confusion over whether McKenna was bankrupt or not.

The New Zealand Herald earlier reported that McKenna had petitioned to have himself made bankrupt. Fletcher Construction is a major creditor.

McKenna is associated with a number of collapsed property developments.

NZPA

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