Ruapehu Alpine Lifts' liquidators working 'hard' to avoid worst case scenario

There's no business in snow business. (Image: Supplied)

Thu, 22 Jun 2023

The liquidator of Ruapehu Alpine Lifts says they’re working hard to avoid the “worst” possible scenario – shutting the operations down.The operator of the Tūroa and Whakapapa ski fields, which went into voluntary administration last October owing more than $40 million, was put into liquidation on Wednesday by Justice Christine Grice in the high court at Auckland.That came after a four-hour watershed meeting the day before where major creditors, including the government, ski pass owners and ANZ Bank, voted on options pres...

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