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Budget 2022: Arts and culture under-represented, yet again
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Ferrari, plane uncovered in bankruptcy of man jailed for Sir Peter Jackson fraud
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Because he’s now bankrupt he lost control of his side of a hearing at the High Court in Wellington which ended on Friday with a judge reserving her decision on The Vintage Aviator and a related trust’s claim for up to $4.2 million from DeMarco and his company. The company was put into liquidation this week. The Official Assignee, who is now in charge of DeMarco s estate, believes a WWII fighter plane, a Corsair, of unknown value, will be a prime asset to meet as yet unknown creditors’ claims. But the Official Assignee’s lawyer, Gareth Neil, admitted in court to having no idea how to go about selling a vintage plane.