Facing eviction, embattled dairy farmer Allan Crafar, has lodged an application at the High Court in Rotorua to force the receivers of his farms to hand over a number of documents.
Mr Crafar told the National Business Review this afternoon the application for discovery of documents was lodged in an effort to obtain information about how the receivership of his family’s 16 dairy farms was being handled, including how decisions were being made and who was making them.
Also today, the Crafars were told to hand over a tenancy agreement for their home.
Receiver Michael Stiassny of KordaMentha said the family was saying they have a document that includes an arrangement to stay on the property for life.
Mr Crafar said the tenancy agreement was between the family and one of the family’s companies, Plateau Farms, which actually owned the house.
Mr Stiassny said the receivers had not been made aware of the document before last week.
He added that if the Crafars plan to request documentation through the courts, the receivers would clearly comply with any requirements.
Meanwhile, the Crafar interests have until August 6 to prove they have the money to retire more than $200 million of debt that led to receivers KordaMentha being called in last October.
In addition, $50,000 for security of costs needed to be made available if an application for an injunction to stall the sale of the farms was to proceed at the High Court in Auckland.
This article is tagged with the following keywords. Find out more about MyNBR Tags
Most listened to
- Order Paper: Rob Hosking on good intentions, political correctness and social investment
- Levante S is the ultimate Maserati SUV… and it’s coming to NZ
- Is Pence poised to dump Trump? asks Michael Coote
- Michael Wigley on the rising cybersecurity challenges for boards; the risks for directors; and how to deal with them
- NBR Radio: best of the week ended May 26, with Grant Walker