Post by Kiwi Frontline on Mar 15, 2016 16:32:10 GMT 12
Waikato-Tainui want court action over disputed farmland
The break up of ailing state-owned mining company Solid Energy has hit a legal hurdle with iwi saying farms currently offered for sale should be offered to them first.
Waikato-Tainui will file an statement of claim in the High Court in Hamilton on Tuesday, to stop debt-laden Solid Energy from proceeding with a tender process on land subject to a right or first refusal (RFR).
The company must meet any obligations like Waikato-Tainui's right of first refusal or the offer-back provisions of the Public Works Act, he said.
Solid Energy has a responsibility to ensure openness, transparency and market-competitiveness in relation to the sale of assets, he said……
www.stuff.co.nz/national/77843512/Waikato-Tainui-want-court-action-over-disputed-farmland
The break up of ailing state-owned mining company Solid Energy has hit a legal hurdle with iwi saying farms currently offered for sale should be offered to them first.
Waikato-Tainui will file an statement of claim in the High Court in Hamilton on Tuesday, to stop debt-laden Solid Energy from proceeding with a tender process on land subject to a right or first refusal (RFR).
The company must meet any obligations like Waikato-Tainui's right of first refusal or the offer-back provisions of the Public Works Act, he said.
Solid Energy has a responsibility to ensure openness, transparency and market-competitiveness in relation to the sale of assets, he said……
www.stuff.co.nz/national/77843512/Waikato-Tainui-want-court-action-over-disputed-farmland