Hanover duo win defamation case

Monday, March 4th 2013, 6:42AM 2 Comments

Hanover Finance directors Mark Hotchin and Eric Watson have reportedly won a six figure settlement from the NZ Shareholders Association.

The NZ Herald reports the association has paid a significant sum to settle a defamation case.

The case revolves around comments its former chairman Bruce Sheppard made against the duo in television and radio interviews, in emails to MPs and ministers, and on his blog.

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Comments from our readers

On 5 March 2013 at 12:16 pm brent sheather said:
This is a shock. I would have thought it would have been hard to defame either of these gentleman. A bit ironic that many members of the shareholders association probably supported the Hotchin/Watson finance company.
On 6 March 2013 at 9:15 pm Independent Observer said:
Agree. The court of public opinion has found these folks guilty as charged... with the Shareholders Assoc simply delivering the message

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