AdvertisementAdvertise with NZME.
Latest fromHanover Finance
Eric Watson charged with insider trading in US
The former co-owner of Hanover Finance was charged after a company name change.
Owen Glenn's $40m battle with former Hanover co-owner Eric Watson
Watson's jail sentence comes 12 years after the Hanover Finance debacle.
Hanover accord offers little closure
The FMA's $18 million Hanover settlement leaves the public none the wiser on whether the six defendants breached disclosure obligations or not.
FMA wouldn't have won at trial: Hotchin
Hanover directors take a shot at the Financial Markets Authority as an $18 million settlement is reached with the regulator.
The $18m Hanover deal
Civil claim against directors and promoters of failed finance company settled just two weeks before court date.
Hanover case takes High Court step
The Hanover Finance case took another tentative step towards closure yesterday with revelations the finance company was undertaking settlement negotiations.
Hanover Group's lawsuit set for court
Hanover Group's lawsuit against its former insurance broker for failing to get it full cover hasn't settled and is now expected to be argued almost 1 1/2 years after it was due.
FMA prefers Hanover deal to trial
The FMA says it would prefer to settle its civil action against six businessmen associated with Hanover Finance, and its chief executive says he is "still hopeful" a deal can be reached.
Hanover delay on the cards
Financial Markets Authority action against six former men linked to Hanover could be delayed if Mark Hotchin wins a case against the failed finance group's trustees in the Supreme Court, says his lawyer.
Hotchin loses Hanover decision appeal
Mark Hotchin has lost an appeal over a decision which said Hanover's trustees did not have a duty to verify the accuracy of statements in allegedly misleading prospectuses.
FMA talks Hanover settlement
A High Court insurance stoush has been parked to enable the Financial Markets Authority to enter into settlement talks with Hanover directors and promoters.
Hanover pursues broker in court
A company directed by Hanover's Mark Hotchin and Eric Watson is suing an Auckland insurance broker over potential losses on policies worth up to $50 million.
Allied Farmers handed $4.2m debt notice
A subsidiary of Allied Farmers has been served with a liquidation notice from Inland Revenue for $4.2 million.
Mark Hotchin: I may never return
Mark Hotchin has been keeping his head down. These days, he's a stay-at-home family man who enjoys a game of tennis and swimming.
Trustee: Reimbursement not agreed
One of Mark Hotchin's family trusts never agreed to reimburse the former Hanover director for the millions he poured into a Paritai Drive mansion, the High Court heard.
Fran O'Sullivan: SFO call leaves questions unanswered
The Serious Fraud Office has stopped a long way short of issuing Hanover Finance and its key protagonists - Eric Watson and Mark Hotchin - a clean bill of health.
No charges against Hanover - SFO
The Serious Fraud Office says it will not be making any prosecutions around the collapse of Hanover Finance.
Trust selling home linked to Hotchin
Former Hanover Finance boss Mark Hotchin is again trying to sell his luxury Waiheke Island property and doesn't have a fixed price in mind.
Trustees want Hanover claims struck out
Two trustees have been caught up in the Financial Markets Authority's case against six former Hanover directors or promoters and are now trying to remove themselves from the proceedings.
Sheppard seeks jury in case brought by Hotchin, Watson
Former Shareholders' Association chairman Bruce Sheppard wants the defamation action against him to be heard by a jury.