Allied Farmers gets $441k as PVL litigation wraps up
Payment points to multi-million dollar settlement for Property Ventures liquidator.
Tim Hunter
Fri, 23 Mar 2018
Allied Farmers’ ill-fated dalliance with Hanover Finance has formally ended with a payment of $441,137 from the proceeds of legal action.
The money takes its total recovery to $541,137 from a loan asset nominally valued at $39 million.
Allied’s announcement indicates the conclusion of
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Smartphone Only Annual Subscription
NZ$249.00 / yearly
Monthly Premium Online Subscription
NZ$49.95 / monthly
Smartphone Only Subscription
NZ$29.95 / monthly
Premium Group Membership 10 Users
NZ$385+GST / monthly
$38.5 per user - Pay by monthly
credit card debit
Premium Group Membership 20 Users
NZ$660+GST / monthly
$33 per user - Pay by monthly
credit card debit
Premium Group Membership 50 Users
NZ$1375+GST / monthly
$27.5 per user - Pay by monthly
credit card debit
Premium Group Membership 100 Users
NZ$2100+GST / monthly
$21 per user - Pay by monthly
credit card debit
Yearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Tim Hunter
Fri, 23 Mar 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.