Ruapehu Creditors Fail to Approve Sale Options
newscatcher
2023-06-20 06:30
Ruapehu Creditors Fail to Approve Sale Options
First published JUN 20, 2023 Updated 1 hour ago The company will be liquidated in court on Wednesday, with sales to the preferred bidders still a possibility Both proposals for the future of Whakapapa and Turoa failed to fly at the company's watershed meeting of creditors today. Ruapehu Alpine Lifts (RAL) will head to a liquidation hearing in the High Court of Auckland tomorrow where it is understood the current voluntary administrators, PwC's Richard Nacey and John Fisk, will be appointed as liquidators.

https://www.newsroom.co.nz/ruapehu-creditors-fail-to-approve-sale-options

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