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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.

Tim Hunter Fri, 20 Dec 2024

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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Tim Hunter Fri, 20 Dec 2024
Contact the Writer: thunter@nbr.co.nz
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Fight over Fonterra milk money in failed dairy firm
Law,
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