Dentons US LLP

10/16/2024 | News release | Distributed by Public on 10/16/2024 03:46

Farm Debt Mediation in New Zealand Information Document

October 16, 2024

Farm Debt Mediation is now an established part of the legal landscape. The Farm Debt Mediation Act 2019 (FDMA) encourages creditors and farmers to resolve outstanding debt via mediation, before enforcement action is taken in respect of farm property.

Given the compulsory nature of obligations under the FDMA, understanding how and when this process applies is crucial for farmers, lenders, insolvency practitioners and their advisors.

For a confidential chat about how the FDMA applies to you, reach out to one of our trusted experts.

Find our helpful guide to the FDMA here.