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High Court clears way for GDX liquidators to recover millions from farmers

Reading Time: 3 minutes Liquidators of the failed live export company Genetic Development (NZ) Exports Limited Partnership have won a High Court case allowing them to chase up insolvent transactions involving millions of dollars.  All parties initially believing to be secured creditors, including 96 farmers who were paid in full – involving around $9 million in total – will now be issued notice of repayment letters.  The High Court of Hamilton r…
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farmersweekly.co.nz broke the news on Thursday, August 20, 2026.
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