Hanover sister company wins claim against bankrupt's brother
FAI Money had sought $386,267 in repayment for a $300,000 loan but won judgment for $137,000 against a negligent trustee.
NBR reporter Hamish McNicol talks about Hanover on NBR Radio and on demand on MyNBR Radio.
Hamish McNicol Tue, 08 Sep 2015
The brother of a now bankrupt and disbarred lawyer has been ordered to pay a sister company of failed Hanover Finance $137,000 for negligently breaching a loan agreement.
FAI Money, of which Hanover co-founders Eric Watson and Mark Hotchin are directors, lent $300,000 to Edward Errol Johnston for
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