Peter Simunovich knocked back again in fishing loan dispute

Peter Simunovich knocked back again in fishing loan dispute
Court of appeal. (Image: Supplied)
Riley Kennedy
The court of appeal has dismissed Peter Simunovich’s attempt to overturn a ruling that saw him fail in getting a claim tossed out by his former FE Investments co-director Mel Stewart that the former fishing magnate guaranteed $450,000 of loans now in default.Last Nov, Associate Judge Rachel Sussock knocked back Simunovich’s first attempt to strike out the claim by Stewart’s Federal Capital that he personally guaranteed two loans to Seafish Tasmania.These loans were part of an arrangement that arose from Seafish Tasma...

More Finance

Todd Corporation: the reset
Finance

Todd Corporation: the reset

Legacy gas assets will give way to a focus on solar electricity generation.

Pattrick Smellie 13 Dec 2024
Kiwibank won't bring banking Revolut-ion
Finance

Kiwibank won't bring banking Revolut-ion

Forget Kiwibank. Revolut is the force big banks will have to reckon with, expert says.

FMA to oversee ‘regulatory sandbox’ for fintechs
Finance

FMA to oversee ‘regulatory sandbox’ for fintechs

The initiative aims to speed up financial services innovation and regulation in NZ.

Ben Moore 12 Dec 2024
Todd Corp: what went wrong?
Finance

Todd Corp: what went wrong?

A dividend freeze as the family empire rebuilds for the future.

Pattrick Smellie 12 Dec 2024