CHRISTCHURCH – Clearwater Land Holdings Ltd, the entity formerly responsible for the Clearwater golf course in Christchurch, has been placed into liquidation. The move, described as being for “restructuring purposes,” was initiated last Monday by special resolution of its shareholders, Clearwater Property Holdings Ltd and Wildlife Investments Ltd.
John Darby, a Queenstown property developer, serves as the sole director of the company. Darby is also the sole director of shareholder Clearwater Property Holdings, which is owned by New Zealand Land Fund Ltd, a company directed by Darby and Mike Coburn. The other shareholder, Wildlife Investments, is directed by Robert Clarke and Alister McDonald, with William Luff as a third…