Troubled Ruapehu Alpine Lifts back in court next year

The troubled Ruapehu Alpine Lifts will be back in court next year after new claims were lodged over Christmas.

The operator of Turoa and Whakapapa ski fields went into liquidation in June after being in voluntary administration for nine months.

Since then the government has kept it going to find a new owner.

The receivers report has been published today on the Companies Office website.

It shows the company had total assets of around $56 million but said that value would be considerably lower given the location on Mt Ruapehu.

And the report shows creditors were owed just under $70m when it was placed into receivership.

The report also revealed that several groups lodged court proceedings just before Christmas over who has priority over any payouts.