New Zealand Kiwi producer Zespri has found itself tied up in a legal battle with two former Chinese importers who are suing it NZ$33.5m for wrongful contract termination, according to reports.
According to New Zealand broadcaster ONE News, a claim was filed in the High Court in Auckland on 30 April.
Go deeper with GlobalData
The claim names Shanghai Neuhof Trade Company and Shanghai Zhang Logistic Limited, who say Zespri breached their trade relationship and wrongfully terminated a contract between the parties.
A Zespri spokesperson told ONE News the allegations related to matters that occurred in the “last decade” and the firm was confident the New Zealand court would quash the allegations as the Chinese courts already had.
Zespri did not respond to requests for comment when approached by just-food.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
