The business partner on the other side of the Lowe Wines receivership has said he was “disappointed for David and Kim that it worked out this way.”
The partner, who didn’t wish to be named in the media, told the Mudgee Guardian some of the information being delivered was not correct.
A section 11 certificate was issued following mediation in accordance to the Farm Debt Mediation Act and a receiver was appointed for the winery.
Co-owners David Lowe and Kim Currie used social media this week to present their side of the story to the community about what was happening at the farm.
"We have been negotiating, but they have refused to make an offer that is acceptable,” the partner said.
"I lent them money, and if I hadn't they wouldn't be here at the moment. They would have folded in 2011.
The partner said it was “a very emotional time”.
"(The people that work here) are the most wonderful people, they are enthusiastic and fully committed to making this work and to working towards this being a central point in the region,” he said.