Keep up with
Newstalk ZB

Sun, 26 May 2013, 15:10

Have Your Say

Talkback 0800 80 10 80
Overseas +64 9 307 1080
Text 9292

Follow Us

  • Facebook
  • Twitter
  • YouTube
  • RSS
  • Sign Up

Site Search

Search Search

Select your region:

Hotchin's lawyers lose asset freeze appeal

Share |

Hotchin's lawyers lose asset freeze appeal

By: Newstalk ZB staff | Latest Crime News | Friday August 17 2012 15:11

 

Another blow for former Hanover director Mark Hotchin.

Lawyers for the trust which owns the half-built mansion on Paritai Drive have lost an appeal against asset freezing orders put in place by the Financial Markets Authority.

Financial Markets Authority CEO Sean Hughes is welcoming the Court of Appeal decision.

He says the interim orders are important for enabling the FMA to preserve assets for aggrieved investors.

That's dependent on the outcome of civil proceedings yet to be heard.

Photo: NZ Herald

 

Related Subjects

Hanover | Mark Hotchin |

 

Latest Crime News

Advertisement
Mike Hosking Breakfast
Advertisement

Latest Newstalk ZB Video

  • Ron Williams: Barbarians Rugby ...

  • Cricket panel: Chris Harris & ...

  • Maggie Kirkpatrick: Wicked

  • Megan Singleton: US travel tip ...

  • Friday-Bashing Banks

  • Wednesday-Twister

  • Tuesday-Things People Do Not W ...

  • Friday-Budget Passion

National Convention Centre

Do you support the Government's deal with SkyCity over the National Convention Centre

Vote Now

View Results

Advertisement

  • Advertise With Us
  • Paper Plus
  • ZB App ad
  • Roger Advice
  • Awesome Service
  • Radius Care