CORRECT Hotchin, Watson settle with NZSA, continue to chase Sheppard on defamation

Sun, 03 Mar 2013

(Fixes Hotchin and Watson's role with Hanover in lead) March 4 (BusinessDesk) – Former Hanover Finance shareholders Mark Hotchin and Eric Watson have settled their defamation suit against the New Zealand Shareholders Association and continue to pursue its former chairman Bruce Sheppard. The association awarded its 2010 Golden Glob award to the two businessmen in 2010, a gong it gives out for “appalling corporate practise.” Sheppard gave media interviews in 2009 where he suggested the pair didn’t act correctly over Hanover’s debt restructurin...

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