High Court rescues Farmers’ $2.8m employee assets
Judge in no doubt Farmers acted honestly and reasonably.
Jenni McManus
Thu, 21 Nov 2019
Retailer Farmers Trading Company has been given the green light to vest $2.8 million worth of trust assets into an incorporated society set up last year to benefit its 4098 employees.
The company was forced to seek orders from the High Court after the trust, established by Farmers’ founder
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Jenni McManus
Thu, 21 Nov 2019
Contact the Writer: jenni@nbr.co.nz
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High Court rescues Farmers’ $2.8m employee assets
Law,
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