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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Law
3 mins to read

Liquidators will seek Eric Watson bankruptcy if $57m unpaid

A $57 million legal claim against the expat businessman was accepted by a High Court judge this morning.

Eric Watson.

The liquidators of Eric Watson's Cullen Group will seek the expat businessman's bankruptcy if he fails to pay the $57 million legal claim entered against him.

This morning, Justice Neil Campbell entered summary judgement against Watson for $57,463,306.61, plus interest and costs. The matter was

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Hamish McNicol Tue, 07 Feb 2023
Contact the Writer: Hmcnicol@nbr.co.nz
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Liquidators will seek Eric Watson bankruptcy if $57m unpaid
Law,
97560
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