Protest vote torpedoes Ruapehu sale scheme
Skifield operator to be placed in liquidation after creditors reject sale deal and deed of company arrangement.
Ruapehu Alpine Lifts will be placed in liquidation after the watershed meeting.
A prepackaged liquidation sale of Ruapehu skifields Turoa and Whakapapa to new private companies came unstuck at a creditors meeting today amid organised opposition from lifepass holders.
After a nine month administration process, creditors of insolvent skifield operator Ruapehu Alpine Lifts
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