VICTORIA YOUNG: Business debt hibernation at a standstill

Tue, 21 Jul 2020

A Google search of “business debt hibernation NZ” will return more than 50 articles from different professional services firms advising how to use it.In one of these, law firm DLA Piper writes, “while we remain interested to see how the practical use of the BDH regime plays out in the current economic environment, we suspect it may not get the traction its drafters intended and ultimately become much ado about nothing.”The law firm may very well be right as the number of firms writing about BDH is twice the number that h...

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