Allied tries to cobble together loan repayment
Allied Farmers is trying to cobble together a loan repayment by the end of the day in a bid to stave off a potential liquidation.
Allied Farmers is trying to cobble together a loan repayment by the end of the day in a bid to stave off a potential liquidation.
Ex-Shareholders' Association chairman Bruce Sheppard says he hasn't even thought about making a settlement offer to Mark Hotchin and Eric Watson in his defamation case.
Former Hanover Finance bosses Eric Watson and Mark Hotchin have won a significant victory in their legal battles.
Hanover Group Holdings is expected to file an appeal this afternoon after it lost a High Court fight with AIG.
Allied Farmers has two weeks to repay a $500,000 loan plus interest of about $40,000.
The SFO has spent longer considering charges after the Hanover collapse than in the case of any other finance company it has probed.
Hanover Group Holdings has lost its High Court fight with insurance giant AIG over a policy worth up to $20 million.
Financial Markets Authority chief executive Sean Hughes has confirmed that
Former chairman of Hanover Finance chairman Greg Muir says the decision by the FMA to launch civil proceedings against company directors is 'disappointing'.