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Hanover Finance

Allied Farmers lifts provision for loan guarantee to $1.4m

Allied Farmers, which took over Hanover Finance’s loan obligations, has increased a provision for any shortfall in a $7 million loan guarantee sold by its asset management services unit.

Court of Appeal leaves Hotchin assets frozen

Mark Hotchin

The Court of Appeal has rejected an attempt by former Hanover Finance boss Mark Hotchin to replace the court-ordered freeze on his personal assets with less onerous “formal undertakings”.

Hanover Six face $30m in penalties

Three of the Hanover Six: Watson, Hotchin, O'Regan - face up $5m penalties each

The FMA reveals the full arsenal the market watchdog will use against the six former Hanover Finance directors and promoters, first reported by NBR April 12.

Hotchin and Watson in FMA sights, Hanover liquidity likely focus

Eric Watson (left) and Mark Hotchin

Why Hanover poster boy is not under FMA gun

Former One News presenter turned Hanover pitch man Richard Long

Lucky escape for celebrity endorser.

My Hanover fears - Sir Tipene O'Regan

Sir Tipene O'Regan (with Eric Watson & Mark Hotchin): talks exclusively to NBR