High Court sets precedent in "most complex administration in New Zealand history"
Okahu Bay, New Zealand (Credit: iStock.com/denizunlusu)
In the first major decision of its kind, a court in New Zealand has ruled on Part 15A of the Companies Act, which governs the country's voluntary administration regime - rejecting a creditor's challenge to a deed of company arrangement prepared for New Zealand's largest coal mining company, Solid Energy.
To read more
Subscribe to Global Restructuring Review
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Register now
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.
Subscribe now