FAI Money lent $300,000 to Edward Errol Johnston for a Waitakere property in late 2009.
Investor class action mulled but multiple limitations.
In a remarkable turnaround, Mr Hotchin says he will prove the prospectus had ‘untrue statements.'
Like a bolt from the summer blue, the latest job market figures have surprised even the economic optimists.
A trust associated with Mark Hotchin has emerged as a 10.2% shareholder in an American company spearheaded by his Hanover co-founder Eric Watson.
Deloitte will make the first distribution "in the coming days" with the process running to schedule.
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