18 July 2001
JOINT PRESS RELEASE
Meat Industry Association
Meat NZ
Judgement in Paramount Case to be Appealed
In a High Court decision dated 17 July 2001 the New Zealand Meat Board and the Meat Industry Association have been found
liable for damages relating to the insolvency of Paramount Export Ltd (in receivership and liquidation) and Ronnick
Commodities Ltd (in receivership and liquidation) following a quota decision in 1996.
The Board and MIA will vigorously defend their position and will be appealing the decision to the Court of Appeal.
ENDS