PHOTO: STACY SQUIRES/STUFF Riverlaw on Aysley Tce, pictured before demolition, was once one of Christchurch’s finest homes.

The owner of a Christchurch riverside mansion lost in the earthquakes is fighting his insurer’s demand that he buy a $5 million to $6m house before it settles his claim.

Riverlaw owner Paul Myall is challenging insurance company Tower in the High Court over the settlement, and is fighting its attempts to charge him more than $400,000 interest on interim payments made.

Myall owned and extensively restored the three-storey 19th century Riverlaw homestead, at the foot of Murray Aynsley hill in Christchurch. It was badly damaged in the earthquakes and demolished in 2012.

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