PHOTO: SUPPLIED – Mike Pero has been in legal battles with Mike Pero Mortgages directors since 2014.
Businessman Mike Pero has notched up a victory in a long-running legal stoush with his business partners at Mike Pero Mortgages.
Pero’s lawyer Ian Hunt says Mike Pero Real Estate directors on Thursday agreed to pay a $6.75 million dividend to its two shareholders, one of whom is Pero.
The dividend payout was something Pero had been fighting for, partly so he could pay off a debt he owed to brothel owners and property tycoons the Chow brothers.
On Thursday afternoon a source said, following the dividend resolution, Pero was spotted celebrating at the Pullman hotel in Auckland drinking Moet champagne.
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