Schnapps founder and former real estate agent Ulf Fuhrer declared bankrupt

  • Former Wellington commercial real estate agent Ulf Michael Fuhrer has been declared bankrupt in the High Court in Wellington over debts owed to the ASB Bank.

Fuhrer first appeared in March, but his case was adjourned for two months to allow some commercial property deals to be settled and payment to be made.

When Fuhrer’s case was called on Tuesday, he did not appear, nor did his lawyer. Fuhrer’s debts were last reported to be about $27,000.

In March, Fuhrer said the debt with ASB related to a property settlement deal from his marriage.

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CRAIG SIMCOX/FAIRFAX NZ

Ulf Fuhrer established Aotearoa Distillers, which produced Zumwohl schnapps, in 2008.

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