News Insolvency relief in sight for businesses affected by COVID-19

05 May 2020

The Beehive has released the following press release today: "Support is on the way for businesses facing insolvency due to COVID-19, with the Government introducing a package of measures in Parliamen... The Beehive has released the following press release today: "Support is on the way for businesses facing insolvency due to COVID-19, with the Government introducing a package of measures in Parliament today to further boost New Zealand’s economic recovery. “The Government is ensuring businesses affected by the economic impacts of COVID-19 can access the assistance they need to stay afloat as we get New Zealand moving again,” Minister of Finance Grant Robertson said. Changes to insolvency and company law are progressing through the COVID-19 Response (Further Management Measures) Legislation Bill, which contains a range of measures to support business through the pandemic. To read the full press release View the Bill online

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