Multi-million dollar Zespri claim pulled

Multi-million dollar Zespri claim pulled
Victoria Young
A multi-million dollar legal claim against Zespri Group has been dropped, six years after it was filed. The claim brought by Zespri’s former Chinese importer Shanghai Neuhof arose after the kiwifruit marketer and the company were busted for under-declaring customs duties between 2008 and 2010. Both were fined and Shanghai Neuhof’s general manager Xiongjie Liu was imprisoned as a result. The importer’s claim was for $25 million in compensation, while Zespri’s counterclaim calculated damages totalling $57 million. Shanghai Neuhof c...

More Primary Sector