Latest News
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.
04 February 2021
A Summary of the Insolvency Statistics for 2020
As we look back on 2020, RITANZ has compiled a summary of the insolvency statistics for what has been an unusual and challenging year for the economy.
08 January 2021
As outlined earlier in the Chairperson's introduction to our Q4 2020 newsletter, 2020 has been a busy year dealing with, amongst other matters, the implementation of regulation as well as the implicat...
31 December 2020
Government extends business debt hibernation relief
Government has announced that it is extending the Business Debt Hibernation Scheme until 31 October 2021. The scheme was expected to end on 24 December 2020.
02 December 2020
Class Actions - where are we and where might we be going?
Class actions can follow on from, or even cause, significant insolvency events.
12 November 2020
Best Practice Guideline 1 - Remuneration of Licensed Insolvency Practitioners
Read it here: BPG 1 FINAL 22 October 2020. pdf.
03 November 2020
Stock, Marshalling & Commingling under the PPSA
Stock, Marshalling & Commingling under the PPSA With insolvencies expected to rise in the wake of COVID-19, issues around the allocation of stock proceeds to different categories of secured and unsecured creditors will arise.
15 October 2020
Acuity podcast Episode 2: Insolvency and tough conversations
Businesses are struggling in these uncertain times and insolvency is a reality many CAs' clients are facing.
30 September 2020
Supreme Court raises the stakes for directors of distressed businesses
This article is reposted here courtesy of MinterEllisonRuddWatts.
28 September 2020