School lunch provider Libelle Group in liquidation

A company involved in supplying school lunches has gone into liquidation. Deloitte New Zealand, who has been appointed liquidator, said Libelle Group was contracted by Compass Group to deliver approximately 125,000 meals daily as part of the Government’s Ka Ora, Ka Ako Healthy School Lunches programme. “The Liquidators are undertaking a full and urgent review…

Insolvency Reforms Under Amended Companies Act

The Companies (Corporate Governance, Enforcement and Regulatory Provisions) Act 2024 (2024 Act) partially comes into force on 3 December 2024 under a recently published commencement order (Commencement Order). The Act amends the Companies Act 2014 (2014 Act), introducing enhancements in corporate governance, company law administration, enforcement and supervision, and corporate insolvency. This article focuses on…

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