PHOTO: SUPPLIED – Mike Pero Real Estate chief executive Mike Pero is seeking to exit a messy business relationship involving Mike Pero Mortgages directors and shareholders.
Businessman Mike Pero suggested expanding his real estate company to Australia in a last ditch attempt to mend a failing business relationship with an Australian millionaire, a court has heard.
Pero made the revelation when he took the stand in the High Court in Auckland on Wednesday to give evidence in a hearing in which he seeks to end his business relationships with Mike Pero Mortgages directors and shareholders.
Pero founded Mike Pero Mortgages in 1991 but is no longer a director or shareholder. It is now owned by Liberty Financial. He also founded Mike Pero Real Estate, of which he is still chief executive.
The long-running and highly complex case has been making its way through the courts since 2014.
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