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New Zealand ski areas lacking snow face possible bankruptcy

Por: ABC News World October 11, 2022

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WELLINGTON, New Zealand -- Two of New Zealand's largest ski areas on Tuesday were placed into a type of bankruptcy proceeding following a disastrous winter season with barely any snow.The Tūroa and Whakapapa ski areas, which are both owned by Ruapehu Alpine Lifts, entered what is called voluntary administration. The proceeding is open to failing New Zealand businesses and has some similarities to Chapter 11 bankruptcy procedures in the... + full article



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