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Law
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Receivers wrong in handling of Huka Lodge deal

Court directs receivers reconsider their approval of a changed sale agreement for the property.

Reweti Kohere Wed, 19 Aug 2020

A High Court judge has ruled receivers misunderstood whose interests they were acting for in trying to sell Taupō’s famed Huka Lodge, a core asset in a decades-long feud between businessmen Michael Kidd and Alexander van Heeren.

In a just-released judgment that was issued back in June,

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Reweti Kohere Wed, 19 Aug 2020
Contact the Writer: reweti@nbr.co.nz
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Receivers wrong in handling of Huka Lodge deal
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