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Newcastle Herald
Newcastle Herald
National
Donna Page

Funda director Mark Owen found personally liable for $5m debt to retirees

Mark Owen Nathan Wright Don DocuSign Merewether

FORMER Funda director Mark Owen has been found personally liable for more than $5 million owing to Merewether retirees Don and Janine McLachlan.

The Supreme Court of NSW ruled Owen was liable for the money loaned by the McLachlans, plus interest accruing daily, because he personally guaranteed two loan agreements.

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