Latest from Hanover Finance

Alloway to remain at Allied, admits mistakes

"Mistakes have been made which the board and management acknowledge," Alloway told shareholders.

Hanover fraud probe likely to be long and complex - SFO

Hanover directors face SFO probe

The directors of failed company Hanover Finance are to face questions as part of a Serious Fraud Office probe, the office confirmed yesterday.

SFO confirms Hanover probe, fraud suspected

The SFO has been investigating Hanover Finance for the past three months and says it has reasonable grounds to suspect fraud.

Hanover co-operating

Hanover calls in lawyers on Allied Farmers

Hanover Finance has called in the lawyers to pursue Allied Farmers over allegedly attempting to "evade various contractual obligations to Hanover."

<i>Brian Gaynor</i>: Muir's departure takes pressure off AGM

Hanover link spurs Muir to quit Patch

Greg Muir quits as Pumpkin Patch chair

A successful shareholders campaign has pushed former Hanover Finance chair Greg Muir from the board of listed clothing retailer Pumpkin Patch.

Auditor gives Allied Farmers only qualified opinion

Auditors have given Allied Farmers' financial statements only a qualified opinion, and have raised concerns about the going concern basis of the company and the carrying value of assets.

Allied Farmers auditor says unsure if company can survive

Allied Farmers' auditor PwC says it hasn't enough evidence to say whether the company can be viewed as a going concern.

Waiting on Allied accounts

Allied close to clearing debt with sale of loan

Allied Farmers hocks off ex-Hanover loan to finish repaying Westpac

Watson left sleeping with the enemy

When Eric Watson boarded an Air New Zealand flight in Los Angeles on September 17, 2008, en route to New Zealand from London, he had a lot on his mind.

Trouble in Eric's empire

After the Hanover debacle, Eric Watson might have hoped for a big win with his latest venture in the US. So far, it isn't working out that way, reports Denise McNabb.

Allied Farmers says debt falling on Five Mile sale, US news

Struggling Allied Farmers says it has settled the about $27m sale of stage two of Queenstown's Five Mile property development early.

<i>Fran O'Sullivan</i>: Hanover's legal man goes in to bat