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Home / Business / Companies / Agribusiness

Court date set down for Crafar

Herald online
1 Jun, 2010 03:18 AMQuick Read

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The receivers for the Crafar dairy empire will finally get their day in court next month.

Michael Stiassny of KordaMentha said a first call-over date had been set down for July 26 in Rotorua.

Receivers are trying to get a court order to remove Crafar from the property, after he
rejected an offer for six months' free rent if he left the farm on April 9.

The Crafar empire went into liquidation owing more than $200 million to PGG Wrightson and banks last year.

KordaMentha said Crafar, as the director of Plateau Farms Limited (in receivership), no longer controlled the properties and therefore had no legal right to be living there.

Crafar has always maintained he would defend any court action brought against him by receivers.

- Herald online

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