A High Court judgement for payment of more than $1 million for a Queenstown apartment - including $400 a day in penalty interest - is being disputed by Mosgiel real estate agent Paul Baines, a former salesman for the McEwan Group's separate failed Hilton Dunedin development.
As McEwan Group ventures around the country continue to unravel, troubled Strategic Finance gained a court judgement in Dunedin against Mr Baines last month, a finding which he has said will be challenged through the courts.
Strategic has control of more than 30 former McEwan Group Pounamu apartments in Queenstown and is seeking buyer settlements, understood to be worth about $20 million, some of which are being disputed by some investors.
