Life Membership Nominations are now open

To be eligible for Life Membership a person must have shown outstanding service to RITANZ or to the insolvency profession and meet the general criteria for membership to RITANZ.

To assist members in considering nominations for this role, the Board has considered factors which it will take into account when determining whether a nominee has shown outstanding service to RITANZ or to the insolvency profession.

Read more “Life Membership Nominations are now open”

Insolvency numbers plummet but there are still warning signs, expert cautions

NZ Herald Money editor, Tamsyn Parker, recently interviewed RITANZ Chairperson John Fisk to get his perspective on the outlook for 2021.

Court applications to wind up companies plummeted in 2020, bucking expectations of widespread business failures. But an insolvency expert says there are still warning signs that some companies are in for a tough time this year.

Wind-up applications dropped nearly 32 per cent from 707 to 481 between 2019 and 2020, figures from the Restructuring Insolvency and Turnaround Association New Zealand show.

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