Bankrupt former GLW Group director Garth Paterson was told to "get your skates on" and find his lawyer by Associate Judge Smith in the High Court in Napier yesterday, after Mr Paterson attempted to address the court on four companies' applications to liquidate GLW.
At noon his lawyer, Matthew Lawson, apologised to the court, saying he had assumed the matter would be adjourned until an application to set aside a statutory demand made by a creditor of GLW was heard next month.
GLW's attempt to subdivide 24.3ha on the Tukituki River's Horseshoe Bend near Havelock North has sparked about a dozen legal actions, many pending the outcome of others, after GLW fell into financial difficulties.
With GLW in default of its mortgage, Charlie's Juice Company co-founder Stefan Lepionka was worried he would lose a $463,000 deposit paid for four subdivision lots.
His solution was to buy the mortgage off Westpac Bank last year and become Mortgagee in Possession of the property.