Fight over Fonterra milk money in failed dairy firm
In the fallout from the collapse of Waitonui Milltrust, a UK fund manager is challenging receivers for the right to milk payouts.
The Waitonui Milltrust group ran dairy farms around Taupō and Oamaru.
A High Court ruling has revealed a squabble over Fonterra milk payments as receivers and overseas investors seek recoveries from the failed Waitonui Milltrust dairy group.
A major investor in the Waitonui group, which collapsed in April owing $35m to BNZ and $31m to livestock lender StockCo, was UK
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