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The Government has agreed to give Ruapehu Alpine Lifts a $6 million loan to prevent the company from being liquidated and to enable the ski fields at Mt Ru ....
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Five more creditors pile in with claims against online payment platform. The High Court at Auckland has placed online payments platform NF Global in the hands of liquidators after the company and its overseas shareholder failed to pay existing creditors almost $17 million. And that debt is increasing, with at least five more international creditors coming out of the woodwork claiming they too are owed money. Associate judge Roger Bell in March ordered NF Global to clear its liabilities by April 23 or be placed in the hands of PwC’s John Fisk and Marcus McMillan, after the online payments platform claimed it had the financial backing of its London-headquartered owner, Starboard ....