But the lawyer said Hancocks companies were soon haemorrhaging money, courtesy of a Romanian bargaining deal and the tens of millions of dollars he had taken from Hancock Prospecting to bankroll Porteous mansions, jewellery, luxury cars and a private jet.
With the BHP deal now in jeopardy, the court was told Lang wrote to his lawyer Martin Bennett to overhaul his will and reverse his convoluted scheme.
He ordered the mining assets and their proceeds be returned to Hancock Prospecting, not Porteous, who was instead allocated $1.2 million.
Hutley said Bennett, who was also representing Porteous, wrote to Lang to express his reservations.
The inevitable, and I stress inevitable, consequence of this direction is that you personally will hav…
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