UPDATE: Fonterra considers options, including appeal, after losing supply contract case

Tue, 01 Dec 2015

(Adds Fonterra reaction to judgment) By Fiona Rotherham Dec. 1 (BusinessDesk) - Fonterra Cooperative Group is considering its options, including an appeal, after losing a High Court case taken by former suppliers to the failed New Zealand Dairies milk processing plant at Studholme who challenged the legality of inferior supply contracts they were offered by the dairy giant. The nub of the case was whether Fonterra, which bought the Studholme plant from the receivers in 2012, was lawfully able to offer the former suppliers to the plant...

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