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Crasborn Fresh Harvest over $53m in debt
['Jaime Lyth']
BusinessDesk | NZ breaking news and commentary on business, NZX and politics
New Zealand’s second-largest apple grower, Crasborn Fresh Harvest, owes more than $53 million.
(Image: NZME)New Zealand’s second-largest apple grower, Crasborn Fresh Harvest, owes more than $53 million to creditors, liquidators’ documents reveal.Crasborn Fresh Harvest was tipped into liquidation by Inland Revenue (IRD) on July 3 in the High Court at Auckland.The first liquidators’ report by KPMG liquidators Leon Francis Bowker and Kristal Pihama lists total liabilities at $53.6m.
Secured creditors, primarily ASB Bank, which holds a GSA, are owed $3.4m.IRD is listed as a preferential creditor, owed $19.9m on...