Recent Posts

Vale Craig Norgate (1965-2015)

As news of Craig Norgate’s sudden death rippled around the world –  friends, colleagues, and business partners took to social media to share their shock, grief, and war stories. Norgate was Fonterra’s first CEO and a galvanic business leader who died at just 50. NZ INC. checks in on some messages that paint a picture of this out-of-the-ordinary man. “He …

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Hanover settlement ‘some comfort’ for investors in better regulated market, PM Key says

The $18 million settlement reached between Hanover Finance’s directors and promoters and the Financial Markets Authority should be of some comfort to investors in what has become a “better regulated” market, Prime Minister John Key said. The FMA settled for just under half its $35 million civil claim, which was due to go to court later this year alleging misleading and …

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Hanover four say $18m settlement was in investors’ best interests – claim court case would have failed

Four of the Hanover directors and promoters involved in an $18 million settlement with the Financial Markets Authority say it’s the best outcome for investors and taxpayers, and the regulator would have failed in court. In a written statement, Mark Hotchin, Greg Muir, Tipene O’Regan and Bruce Gordon said they decided to settle because of the cost and burden of litigation …

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