Ruapehu Alpine Lifts files for liquidation: so what now?

Nine To Noon - Podcast készítő RNZ - Csütörtökök

Ruapehu Alpine Lifts will file for liquidation today, after two options to take over management failed to gain enough support among creditors at a crucial meeting yesterday. The coming days are pivotal as the liquidator tries to sell the assets of Whakapapa and Turoa ski areas to two separate bidders. A big question is whether Department of Conservation concessions can be transferred to new owners in enough time for the ski areas to open in a matter of weeks. Since RAL went into voluntary administration late last year, owing $45 million, PWC's John Fisk and Richard Nacey have been trying to stitch a deal together to enable the ski areas to continue. John Fisk says yesterday's vote was the worst possible outcome. So with the clock ticking, can a deal still be done?

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