Hawke’s Bay Rockit orchard flames out

Reading Time: 2 minutes Fallout from continuing low returns and surplus Rockit apple volumes is continuing, with another orchard business going into liquidation. Hawke’s Bay-based Mana Orchards was placed in liquidation on November 24, only four weeks after MyFarm investment company’s Rākete Rockit apple orchard went into voluntary administration. The liquidator’s report cites the company…

The new Corporate Insolvency and Governance Act: Implications for the energy and infrastructure sectors | Global law firm

Introduction The Corporate Insolvency and Governance Act 2020 (the “Act”) came into force in June 2020. It introduced a number of temporary and permanent measures to restructuring and insolvency law which will affect creditors’ rights in the UK. The overarching objective of the Act is to promote the rescue of companies in financial…