The 5th District Court of Appeal in Fresno has overturned a $73.4 million verdict against McCarthy Family Farms and Bay Area developer John Vidovich and Sandridge Partners involving a land. Some farmers cant afford to do either, making the difficult decision to get out of agriculture all together. Sunridge Partners actively seek investment opportunities that address the growing challenges in food and agriculture. His nephew spun the company into a $2.5 billion international farming and development powerhouse. Less surface water creates a greater need to pump from underground, which lowers the water table for all users. s.parentNode.insertBefore(gcse, s); Previously, Michael was an investment professional at RJI Capital, a boutique private equity and No way, according to Vidovich and his longtime associates. And Kings County doesnt have an ordinance against moving groundwater outside its borders. Bilyana holds a BSc in Management with first class honours from Cass Business School and is an ICAEW Chartered Accountant. Gianquinto and Vidovich have repeatedly said that it would be nearly impossible for an individual to use state facilities to create a private water market using any water, let alone groundwater. At the upper limit of 300 days per year, that could mean Boswell is pumping up to 140,000 acre feet a year. Vidovich is the owner of Sandridge Partners, LP - a farmland investment firm that has undertaken more than 100,000 acres of Valley farmland. His law license is inactive, according to the California State Bar Association website. Two days after the Tulare Lake Canal Company sued Sandridge Partners, the farming and water giant owned by John Vidovich, to halt trenching work on a water pipeline set to cut across the company's south of Stratford, Vidovich turned the tables and filed suit against Tulare Lake Canal. At issue? We help agribusiness owners, operators, and entrepreneurs grow their businesses into industry leaders with the help of our capital and strong industry focussed expertise, globally, Our unique focus on food and agriculture, allows us to better understand particular agribusiness needs faster and have in-depth sector and sub-sector expertise bringing solutions to your business, Our stewardship and value creation track-record is unparalleled and our investing, operations and business development skills add value beyond just capital, We are driven by the highest environmental, ethical and socially responsible principles and work with you to achieve the best possible outcomes for all stakeholders during the whole lifetime of our ownership, As we are family backed, we pride ourselves on providing patient and long-term capital, We can provide owners and operations with the following solutions, We have flexible mandate to create custom solutions for owners and operators wishing to either fully transition a business yet also have the ability to form mutually beneficial partnerships for ownership and growth, Growth capital (organic and acquisitions), Financing for management buy-outs/buy-ins, Real estate and agriculture tourism development (full in-house design & construction teams). . 2022 by Sunridge Partners (UK) LLP. Boswell Company, and Sandridge Partners, controlled by John Vidovich, will be back in court March 23 where Judge Valerie Chrissakis will decide whether the Sandridge pipeline is subject to review under the California Environmental Quality Act (CEQA). It doesnt make economic sense. Groundwater agencies up and down the San Joaquin Valley had to file plans with the Department of Water Resources earlier this year showing how they will bring the areas seriously depleted aquifers into balance by 2040 per the Sustainable Groundwater Management Act. Vidovich, he said, is just the new water baron on the block, thats all. The project was ordered to remain in stasis until the issue comes back to court. Kings County approved 1,238 new agricultural well permits between the start of the last drought in 2012 and 2021, according to county records. The idea of capturing Kings River floodwaters isnt new. The little guy is gone, said Walker, the walnut farmer. Boswell Company and Sandridge Partners. After Vidovich sold his Dudley Ridge state water, Pace said he drilled several wells in Green Valley, built a pipeline across I-5 and took the valleys groundwater to keep his Dudley Ridge trees alive. Sports, Crime So far, the 48-inch pipeline has been trenched and laid out from somewhere north of Lemoore more than 10 miles south near the community of Stratford on private land with no public notice or oversight.
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