Entity previously backed by Hanover to buy Big Sky Dairy Farms owes $2.6m

Otago's Maniototo Basin. (Image: Getty)
The entity set up by Big Sky Dairy Farm’s former principal to buy back its farms out of receivership, funded by Hanover Finance, is in the hands of liquidators six years after drawn-out litigation wrapped up.Around 2000, Ewan Carr got into a joint venture with Howard Paterson and Rodney Humphries to own and operate multiple farms in Otago’s Maniototo Basin which had been connected to Carr’s family for four generations.However, tensions between the three developed, and escalated when Paterson died in 2003.After that, Carr and H...
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