Allied Farmers says no deal yet with Property Ventures directors

Tue, 09 Jan 2018

By Paul McBeth Jan. 10 (BusinessDesk) - Allied Farmers says a deal hasn’t yet been reached with the directors of property developer Dave Henderson’s Property Ventures Ltd (PVL), contrary to reports yesterday. The Hawera-based rural services firm is a beneficiary of the litigation against PVL after selling various loans to a unit of the action's funder in 2013. While a deal has been reached with the developer's auditor PwC, the liquidator was still pursuing PVL's former directors Austin Forbes, Alister Johnston, Gordon Hansen, Adolf de Ro...

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