From:
Martin Burrows
To:
Michael Harper; Robert Pigou; Murray Beatson; Shaun Brown; Josh Hercus
Cc:
Brendon Gibson; Mark Reese; Ben Methven; Oliver Cherry; Bianca Hawkins; Freddie Beaumont
Subject:
RE: RAL - Recent developments & options
Date:
Wednesday, 30 August 2023 3 51:31 pm
Attachments:
Scenario Timelines 30Aug23.pdf
Afternoon all,
As discussed, attached is a draft scenario timeline covering:
Out of Scope
2. Operations continue under Receivership construct.
We suggest a call to run through.
We and CT could do either 5 30pm today or 10am tomorrow morning if either of those suit?
Regards
Martin Burrows
Executive Director
Advisory | Restructuring
m +s 9(2)(a)
p +64 9 919 7481 calibrepartners.co.nz
Notice: This email is intended solely for the use of the addressee and may contain information that is confidential or subject to legal professional privilege. If you receive this email in error please immediately
notify the sender and delete the email.
From: Michael Harper <[email address]>
Sent: Tuesday, August 29, 2023 11:02 PM
To: Robert Pigou ([email address]) <robert.pigou@mbie govt.nz>; Murray Beatson <[email address]>; Shaun Brown
<[email address]>; Josh Hercus <[email address]>
Cc: Brendon Gibson <BGibson@calibrepartners co.nz>; Mark Reese <[email address]>; Ben Methven
<[email address]>; Oliver Cherry <s 9(2)(a)
>; Martin Burrows <[email address]>; Bianca
Hawkins <s 9(2)(a)
>; Freddie Beaumont <[email address]>
Subject: RAL - Recent developments & options
Out of Scope
s 9(2)(h)
s 9(2)(j), s 9(2)(h)
Out of Scope

Out of Scope

s 9(2)(h)

Out of Scope

s 9(2)(h)

Regards,

Michael

MICHAEL HARPER
PARTNER
Chapman Tripp
D: +64 9 358 9816
M: +64 21 777 681
LEGAL ADMINISTRATOR: s 9(2)(a)
| D: +s 9(2)(a)
www.chapmantripp.com

Disclaimer
This email is intended solely for the use of the addressee and may contain information that is confidential or subject to legal professional privilege. If you receive
this email in error please immediately notify the sender and delete the email.

From:
Michael Harper
To:
Murray Beatson; Josh Hercus; Mark Reese; Shaun Brown
Cc:
Robert Pigou; Brendon Gibson; Martin Burrows; Ben Methven; Bonita Morrissey Smith
Subject:
RE: s 9(2)(j)
response to latest Cabinet option [IN-
FIDENCE: RELEASE-EXTERNAL]
Date:
Thursday, 21 September 2023 2:23:58 pm
s 9(2)(j), s 9(2)(h)

Regards,

Michael

MICHAEL HARPER

PARTNER
Chapman Tripp
D: +64 9 358 9816
M: +64 21 777 681
LEGAL ADMINISTRATOR: s 9(2)(a)
| D: +s 9(2)(a)
www.chapmantripp.com

From: Murray Beatson <[email address]>
Sent: Thursday, 21 September 2023 2:19 pm
To: Josh Hercus <[email address]>; Mark Reese <[email address]>;
Shaun Brown <[email address]>
Cc: Robert Pigou <[email address]>; Michael Harper
<[email address]>; Brendon Gibson <[email address]>;
Martin Burrows <[email address]>; Ben Methven
<[email address]>; Bonita Morrissey Smith
<s 9(2)(a)
>
Subject: RE: s 9(2)(j)
response to latest Cabinet option [IN-C
IDENCE: RELEASE-
EXTERNAL]

The one legal entity owns the assets and business relating to both Whakapapa and Tūroa.
It’s the company (RAL) that would be put into receivership.
Once in receivership, the receivers can make the decisions on how to deal with the business and
its assets.
MJB

From: Josh Hercus <[email address]>
Sent: Thursday, 21 September 2023 2:13 pm
To: Mark Reese <[email address]>; Murray Beatson
<[email address]>; Shaun Brown <[email address]>
Cc: Robert Pigou <[email address]>; Michael Harper
<[email address]>; Brendon Gibson <[email address]>;
Martin Burrows <[email address]>; Ben Methven
<[email address]>; Bonita Morrissey Smith

<s 9(2)(a)
>
Subject: RE: s 9(2)(j)
response to latest Cabinet option [IN-C
IDENCE: RELEASE-
EXTERNAL]

s 9(2)(h)

Cheers,
Josh

From: Mark Reese <[email address]>
Sent: Thursday, 21 September 2023 9:55 am
To: Murray Beatson <[email address]>; Shaun Brown
<[email address]>; Josh Hercus <[email address]>
Cc: Robert Pigou <[email address]>; Michael Harper
<[email address]>; Brendon Gibson <[email address]>;
Martin Burrows <[email address]>; Ben Methven
<[email address]>; Bonita Morrissey Smith
<s 9(2)(a)
>
Subject: RE: s 9(2)(j)
response to latest Cabinet option [IN-
FIDENCE: RELEASE-
EXTERNAL]

Thanks Murray.
Out of Scope
Kind regards
Mark
Mark Reese
Partner
CHAPMAN TRIPP
D: +64 4 498 4933
M: +64 27 231 1925
F: +64 4 472 7111
LEGAL ADMINISTRATOR: s 9(2)(a)
| D: +s 9(2)(a)

www.chapmantripp.com
-----Original Message-----
From: Murray Beatson <[email address]>
Sent: Thursday, 21 September 2023 7:53 am
To: Mark Reese <[email address]>; Michael Harper
<[email address]>; Brendon Gibson <[email address]>;
Martin Burrows <[email address]>; Shaun Brown
<[email address]>; Josh Hercus <[email address]>
Cc: Robert Pigou <[email address]>

Subject: FW: s 9(2)(j)
response to latest Cabinet option [
FIDENCE: RELEASE-
EXTERNAL]

See below and attached ...
MJB
-----Original Message-----
From: s 9(2)(a), s 9(2)(j)
Sent: Wednesday, 20 September 2023 10:05 pm
To: Robert Pigou <[email address]>
Cc: s 9(2)(a), s 9(2)(j)
s 9(2)(a), s 9(2)(j)
Murray
Beatson <[email address]>
Subject: s 9(2)(j)
response to latest Cabinet option
Selamat Malam Pak Robert, salam dari Flores, Indonesia
Out of Scope
Kind regards
s 9(2)(a), s
9(2)(j)
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confidential or subject to legal professional privilege. If you receive this email in error please
immediately notify the sender and delete the email.

From:
Martin Burrows
To:
Mark Reese; Josh Hercus; Shaun Brown; Robert Pigou; Murray Beatson
Cc:
Brendon Gibson; Michael Harper; Bonita Morrissey Smith; Freddie Beaumont; Ben Methven
Subject:
RE: Options in RAL Cabinet paper
Date:
Wednesday, 27 September 2023 5:08:06 pm
Attachments:
Receivership Step Plan 27Sept23 DRAFT.pdf
Hi Josh,

We are looking at the press releases now with Chapman Tripp.

In the interim, attached is the Receivership steps/timeline. Best printed on A3.

Out of Scope
t would be helpful to talk through this with you when we next talk.

Regards

Martin Burrows
Executive Director
Advisory | Restructuring

m +s 9(2)(a)
p +64 9 919 7481

calibrepartners.co.nz

Notice: This email is intended solely for the use of the addressee and may contain information that is confidential or subject to legal professional privilege. If you receive this email in error please immediately
notify the sender and delete the email.

From: Mark Reese <Mark.Reese@chapmantripp com>
Sent: Wednesday, September 27, 2023 3:38 PM
To: Josh Hercus <Josh.Hercus@mbie govt.nz>; Shaun Brown <Shaun.Brown@mbie govt.nz>; Robert Pigou <[email address]>; Murray
Beatson <[email address]>
Cc: Brendon Gibson <BGibson@calibrepartners co.nz>; Martin Burrows <[email address]>; Michael Harper
<[email address]>; Bonita Morrissey Smith s 9(2)(a)
>; Freddie Beaumont
<[email address]>; Ben Methven <[email address]>
Subject: RE: Options in RAL Cabinet paper

s 9(2)(h)

Out of Scope

Cheers
Mark

MARK REESE
PARTNER
Chapman Tripp
D: +64 4 498 4933
M: +64 27 231 1925
LEGAL ADMINISTRATOR: s 9(2)(a)
| D: +s 9(2)(a)
www.chapmantripp.com

From: Josh Hercus <[email address]>
Sent: Wednesday, 27 September 2023 3 04 pm
To: Shaun Brown <[email address]>; Robert Pigou <[email address]>; Murray Beatson <[email address]>;
Brendon Gibson ([email address]) <[email address]>; Martin Burrows <[email address]>; Mark Reese
<[email address]>; Bonita Morrissey Smiths 9(2)(a)
Freddie Beaumont
<[email address]>; Ben Methven <[email address]>
Subject: RE: Options in RAL Cabinet paper

Hi again,

Attached are the draft PRs for both options being considered. Let me know if there’s any issues with the wording.

Cheers,
Josh

From: Josh Hercus
Sent: Wednesday, 27 September 2023 9:45 am
To: Shaun Brown <[email address]>; Robert Pigou <[email address]>; Murray Beatson <[email address]>;
Brendon Gibson ([email address]) <[email address]>; Martin Burrows <[email address]>; Mark Reese
<[email address]>; Bonita Morrissey Smith s 9(2)(a)
Freddie Beaumont

<[email address]>; Ben Methven <[email address]>
Subject: Options in RAL Cabinet paper

Morning all,

Out of Scope













Cheers,
Josh

Josh Hercus
PRINCIPAL ADVISOR TO ROBERT PIGOU, DEPUTY CHIEF EXECUTIVE and
HEAD OF KĀNOA - REGIONAL ECONOMIC DEVELOPMENT & INVESTMENT UNIT

[email address] | Mobile: +s 9(2)(a)
15 Stout Street, Wellington 6011, PO Box 1473, Wellington 6140

Disclaimer
This email is intended solely for the use of the addressee and may contain information that is confidential or subject to legal professional privilege. If you receive
this email in error please immediately notify the sender and delete the email.

Hon Kieran McAnulty

Minister for Regional Development
2 OCTOBER 2023
PĀNUI PĀPĀHO
MEDIA STATEMENT
Ruapehu Alpine Lifts under Crown Receiver

Ruapehu Alpine Lifts (RAL) has been placed into Crown-appointed receivership,
giving the Government  more control of the pathway forward for Mt Ruapehu’s ski ng
operations, jobs and regional economy in the immediate future.

“This decision has been carefully assessed and considered the best interim measure
for all parties impacted by the RAL process and the wider Mt Ruapehu region,” said
Kieran McAnulty.

“Receivership takes back Government control of RAL assets and operations from the
private liquidator, while aligning ongoing Government Treaty negotiations for the
wider Tongariro National Park (TNP).”

The decision provides additional $4.3 mil ion in loan funding to support RAL
operations on the mountain, until further decisions on next steps are made by the
Government by the end of March 2024.
s 9(2)(j), s 9(2)(i), s 9(2)(b)(ii)

Mt Ruapehu is a significant part of the economy in the Central North Island. The ski
operations are a key employer and have significant flow-on effects for businesses
and related industry. The value of the region’s GDP is estimated to be around $100
mil ion a year.
s 9(2)(j), s 9(2)(i), s 9(2)(b)(ii)

[ends]

From:
Michael Harper
To:
Robert Pigou
Cc:
Mark Reese; Murray Beatson; Brendon Gibson ([email address])
Subject:
Re: Ruapehu Alpine Lifts Limited (In Liquidation) (RAL) - Message from Liquidation Committee [
NFIDENCE: RELEASE-EXTERNAL]
Date:
Wednesday, 11 October 2023 7:31:58 am
Thanks Robert, I’ll send a teams link for 8.30am.
Sent from my iPhone
On 11/10/2023, at 6:13 AM, Robert Pigou <[email address]> wrote:
Thanks Michael.

Free from 8:30 to 10
Get Outlook for iOS
From: Michael Harper <[email address]>
Sent: Tuesday, October 10, 2023 10:06:50 PM
To: Robert Pigou <[email address]>; Mark Reese <[email address]>;
Murray Beatson <[email address]>
Cc: Brendon Gibson ([email address]) <[email address]>
Subject: RE: Ruapehu Alpine Lifts Limited (In Liquidation) (RAL) - Message from Liquidation Committee
[IN-C
FIDENCE: RELEASE-EXTERNAL]

Robert,

s 9(2)(h)

s 9(2)(b)(ii), s 9(2)(h), s 9(2)(i)

s 9(2)(h)

Regards,
Michael

MICHAEL HARPER
PARTNER
Chapman Tripp
D: +64 9 358 9816
M: +64 21 777 681
LEGAL ADMINISTRATOR: s 9(2)(a)
| D: +s 9(2)(a)
www.chapmantripp.com

From: Robert Pigou <[email address]>
Sent: Tuesday, 10 October 2023 8:48 pm
To: Michael Harper <[email address]>; Mark Reese
<[email address]>; Murray Beatson <[email address]>
Subject: FW: Ruapehu Alpine Lifts Limited (In Liquidation) (RAL) - Message from Liquidation Committee
[IN-C
FIDENCE: RELEASE-EXTERNAL]

s 9(2)(h)

Kind regards
Robert

From: Greg Hickman <s 9(2)(a)

Sent: Tuesday, 10 October 2023 7:30 pm
To: Robert Pigou <[email address]>
Subject: Fwd: Ruapehu Alpine Lifts Limited (In Liquidation) (RAL) - Message from Liquidation Committee

Robert - Below FYI. s 9(2)(j)

Thanks

Greg

From: PwC New Zealand <[email address]>
Date: 10 October 2023 at 6:16:46 PM NZDT
To: s 9(2)(a)
Subject: Ruapehu Alpine Lifts Limited (In Liquidation) (RAL) - Message from
Liquidation Committee
Reply-To: PwC New Zealand <reply-fecc10727667037d-16 HTML-10842689-
[email address]>
To all creditors of Ruapehu Alpine Lifts Limited (In Liquidation),
The Liquidators have been asked to send all creditors the following update from the Liquidation Committee of
Ruapehu Alpine Lifts Limited (In Liquidation) (RAL). We note that the position does not necessarily represent
the views of the Liquidators, nor have the Liquidators had any input into drafting this release.
"The liquidation committee was very concerned to read in the press the government's surprising proposals to
appoint a receiver to the company.  The committee considers that this is not in the interests of the creditors of
RAL or of the wider Ruapehu community generally.  The purpose of the government appointing a receiver
appears to be so that the receiver can ignore the interests of the unsecured creditors of the company, which
include local business owners, and life passholders.  There will be also a large amount of duplication and
expense of RAL being both in liquidation and receivership, for no advantage.
The liquidation committee considers that the interests of all can be best accommodated through a creditors'
compromise arrangement of the existing company with approval from the court if need be.  This allows a
more flexible approach which will better serve the interests of all interested parties including creditors, RAL
employees, Iwi and the local community. A compromise will assist in achieving finality and a robust solution
which is not available in a receivership which is liable to legal challenge.  The liquidation committee invites
the government to consult with them and the liquidators of RAL in relation to a compromise process.
A liquidation committee has the statutory obligation of monitoring and assisting the liquidators.
Ngā mihi
Jason Platt - Chairman, RAL Liquidation Committee"

Kind regards,
Richard Nacey
Liquidator
Ruapehu Alpine Lifts Limited (In Liquidation)
© 2023 PwC New Zealand. All rights reserved. "PwC" refers to the PwC network and/or one or more of its
member firms, each of which is a separate legal entity. Please see www.pwc.com/structure  for further
details.

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professional privilege. If you receive this email in error please immediately notify the sender and delete the email.

       2023
Calibre Partners
Level 21,
88 Shortland Street,
Auckland Central,
Auckland, 1010,
New Zealand

APPOINTMENT OF RECE

IVERS OF RUAPEHU ALPINE LIFTS LIMITED (IN
LIQUIDATION)

1
Under the RAL loans sale and purchase agreement, Crown Regional Holdings Limited
(Appointor) purchased and assumed, amongst other assets and obligations, all of
ANZ Bank New Zealand Limited’s (ANZ) right, title and interest in any cause of action
or remedy under or in connection with, amongst other documents, a General
Security Deed between ANZ and Ruapehu Alpine Lifts Limited (In Liquidation)
(Grantor) dated 12 April 2007 (Deed).
2
Accordingly, the Appointer has assumed the power to appoint a receiver of the
Grantor under clause 8 of the Deed.  That power is now exercisable because a
Default (as defined under the Deed) has occurred.
3
The Appointor now exercises that power by appointing Brendon James Gibson and
Neale Jackson of Calibre Partners, Level 21, 88 Shortland Street, Auckland Central,
Auckland, 1010, New Zealand jointly and severally to be receivers and managers of
all of the Grantor’s property, being the property charged by the Deed, with all the
powers conferred by, and subject to the terms and conditions of, the Deed.
Signed by Crown Regional Holdings Limited
by its authorised signatory:

_________________________

Date:
In the presence of:

_________________________

Name:
Occupation:
Date:

100557148/3438-2454-3271
1

We, Brendon James Gibson and Neale Jackson, accept appointment as receivers and
managers of Ruapehu Alpine Lifts Limited (In Liquidation).
Signed by Brendon James Gibson

_________________________
Date:

Signed by Neale Jackson

_________________________
Date:

100557148/3438-2454-3271
2

From:
Martin Burrows
To:
Mark Reese; Ben Methven; Bonita Morrissey Smith; Freddie Beaumont; Shaun Brown; Josh Hercus; Murray Beatson; Robert Pigou; [email address]
Cc:
Brendon Gibson; Oliver Cherry
Subject:
RAL Progress Update
Date:
Thursday, 19 October 2023 10:02:47 am
Attachments:
Receivership cashflow from RAL 181023.xlsx
Receiver & Liquidator Communications DRAFT.docx
Hi all,

We and Chapman Tripp have made good progress on several fronts over the past 24 hours:

Out of Scope

Out of Scope

The Receivership funding agreement is now largely agreed subject to final review by s 9(2)(h)

Out of Scope

Subject to Kanoa’s progress we think we are in good shape to formalise appointment next week if that is appropriate.

We are available to discuss next steps as required.

Regards

Martin Burrows
Executive Director
Advisory | Restructuring

m +s 9(2)(a)
p +64 9 919 7481 calibrepartners.co.nz

Notice: This email is intended solely for the use of the addressee and may contain information that is confidential or subject to legal professional privilege. If you receive this email in error please immediately
notify the sender and delete the email.

From:
Josh Hercus
To:
Philippa Harray; Martin Burrows; Erika Harrison; Sarah Harpur Ruigrok
Cc:
Shaun Brown; Adam Wood; Brendon Gibson; Oliver Cherry; Robert Pigou; Mark Reese (Mark Reese@chapmantripp com); michael harper@chapmantripp com; Ben Methven; Bonita
Morrissey Smith; Freddie Beaumont; Michelle Paki
Subject:
RE: RAL Progress Update - Comms approach for today"s receivership announcement [UNCLASSIFIED]
Date:
Friday, 27 October 2023 1:47:15 pm
Attachments:
image003.png
image004.png
Thanks Martin and Philippa. Robert’s PR will be published around 4pm today. Let us know if you’d prefer a different time.

Out of Scope

From: Philippa Harray <Philippa.Harray@mbie govt.nz>
Sent: Friday, 27 October 2023 1:46 pm
To: Martin Burrows <[email address]>; Josh Hercus <[email address]>; Erika Harrison <[email address]>;
Sarah Harpur Ruigrok <[email address]>
Cc: Shaun Brown <[email address]>; Adam Wood <Adam.Wood@mbie govt.nz>; Brendon Gibson <[email address]>; Oliver
Cherry s 9(2)(a)
  >; Robert Pigou <[email address]>; Mark Reese ([email address])
<[email address]>; michael.harper@chapmantripp com; Ben Methven <[email address]>; Bonita Morrissey Smith

s 9(2)(a)
; Freddie Beaumont <[email address]>; Michelle Paki
<[email address]>
Subject: RE: RAL Progress Update - Comms approach for today's receivership announcement [UNCLASSIFIED]

Small suggestions from me on the attached.  I have no issues with the email below.  Thanks for the redraft.
Philippa

From: Martin Burrows <[email address]>
Sent: Friday, 27 October 2023 1:36 pm
To: Josh Hercus <Josh.Hercus@mbie govt.nz>; Philippa Harray <[email address]>; Erika Harrison <[email address]>; Sarah
Harpur Ruigrok <[email address]>
Cc: Shaun Brown <[email address]>; Adam Wood <Adam.Wood@mbie govt.nz>; Brendon Gibson <[email address]>; Oliver
Cherry s 9(2)(a)
>; Robert Pigou <[email address]>; Mark Reese ([email address])
<[email address]>; michael.harper@chapmantripp com; Ben Methven <[email address]>; Bonita Morrissey Smith
s 9(2)(a)
; Freddie Beaumont <[email address]>; Michelle Paki
<[email address]>
Subject: RE: RAL Progress Update - Comms approach for today's receivership announcement [UNCLASSIFIED]

Hi Josh,

Further to our recent call we have updated the comms as attached and the staff email below:

-----------------------------------------
For those of you who were unable to attend the staff meeting earlier today, this email provides a brief summary of that update.

Brendon Gibson and Neale Jackson of financial advisory firm Calibre Partners have been appointed as receivers to Ruapehu Alpine Lifts Limited. Their appointment covers
all RAL’s operations at Turoa and Whakapapa.

Crown Regional Holdings Limited appointed the Receivers to provide a clearer path to (subject to grant of new concessions by DOC, and final government approval) transfer
the RAL business and operations to new entities. The business will continue to operate in Receivership pending any transfers occurring.

The receivers are working with the liquidator to ensure a seamless transition of the business.

The receivers will be on site next week to issue offer letters to those staff who will continue through the summer and deal with any questions you may have.

Kind regards

-----------------------------------

Martin Burrows
Executive Director
Advisory | Restructuring

m +s 9(2)(a)
p +64 9 919 7481  calibrepartners.co.nz

Notice: This email is intended solely for the use of the addressee and may contain information that is confidential or subject to legal professional privilege. If you receive this email in error please immediately
notify the sender and delete the email.

From: Martin Burrows
Sent: Friday, October 27, 2023 12:47 PM
To: Josh Hercus <Josh.Hercus@mbie govt.nz>; Philippa Harray <[email address]>; Erika Harrison <[email address]>; Sarah
Harpur Ruigrok <[email address]>
Cc: Shaun Brown <[email address]>; Adam Wood <Adam.Wood@mbie govt.nz>; Brendon Gibson <[email address]>; Oliver
Cherry s 9(2)(a)
Robert Pigou <[email address]>; Mark Reese ([email address])
<[email address]>; michael.harper@chapmantripp com; Ben Methven <[email address]>; Bonita Morrissey Smith
s 9(2)(a)
>; Freddie Beaumont <[email address]>; Michelle Paki
<[email address]>
Subject: RE: RAL Progress Update - Comms approach for today's receivership announcement

Thanks Josh,

There will several staff who will not be able to attend the staff meeting this afternoon so management has asked that we send an email after the meeting with key points. We
think is only fair to update those staff those are unable to attend.

There is a good chance this will forwarded by the staff to other parties.

The draft email is below which is consistent with our agreed comms:

--------------------------------

For those of you who were unable to attend the staff meeting earlier today, this email provides a brief summary of that update.

Brendon Gibson and Neale Jackson of financial advisory firm Calibre Partners have been appointed as receivers to Ruapehu Alpine Lifts Limited. Their appointment covers
all RAL’s operations at Turoa and Whakapapa.

Crown Regional Holdings Limited appointed the Receivers to provide a clearer path to (subject to grant of new concessions by DOC, and final government approval) transfer
the RAL business and operations to new entities. The business will continue to operate in Receivership pending any transfers occurring.

Out of Scope

The receivers are working with the liquidator to ensure a seamless transition of the business.

The receivers will be on site next week to issue offer letters to those staff who will continue through the summer and deal with any questions you may have.

Kind regards

-----------------------------------

Martin Burrows
Executive Director
Advisory | Restructuring

m +s 9(2)(a)
  p +64 9 919 7481  calibrepartners.co.nz

Notice: This email is intended solely for the use of the addressee and may contain information that is confidential or subject to legal professional privilege. If you receive this email in error please immediately
notify the sender and delete the email.

From: Josh Hercus <[email address]>
Sent: Friday, October 27, 2023 10:54 AM
To: Philippa Harray <[email address]>; Erika Harrison <Erika.Harrison@mbie govt.nz>; Martin Burrows
<MBurrows@calibrepartners co.nz>; Sarah Harpur Ruigrok <[email address]>
Cc: Shaun Brown <[email address]>; Adam Wood <Adam.Wood@mbie govt.nz>; Brendon Gibson <[email address]>; Oliver
Cherrys 9(2)(a)
Robert Pigou <[email address]>; Mark Reese ([email address])
<[email address]>; michael.harper@chapmantripp com; Ben Methven <[email address]>; Bonita Morrissey Smith
s 9(2)(a)
; Freddie Beaumont <[email address]>; Michelle Paki
<[email address]>
Subject: RE: RAL Progress Update - Comms approach for today's receivership announcement
Importance: High

Hi all,

We’re mindful that there’s a lot of information being passed around over the past few days on the receivership. The purpose of this email is to signal
what the comms plan is for today to make sure that we’re all on the same page. Please let me know if there’s any issues ASAP.

Supporting documents
Attached are two documents that support the communications of the receivership transition today:
1.  The RAL receiver & liquidator comms, noting that this version hasn’t incorporated the additional line provided by Philippa (“subject to grant of
new concessions by DOC, and final government approval”).
2.  A draft PR from Robert (pending his approval) to be published on the GrowRegions website after the meeting with RAL staff today at 3pm. It is
expected to be publish at around 4pm today.

Heads up to iwi
Last night, Robert spoke to
and
to inform them that we were appointing Calibre partners as Receivers today to
s 9(2)(a)
s 9(2)(a)
replace Mr Fisk/PwC as Liquidators. Michelle spoke with s 9(2)(a)   his morning and has left a voicemail with s 9(2)(a)  for a call back today. The conversations
have been supportive of the approach being taken.

Approach to queries from the media
I think we may not get too many queries today given the timing of the announcement. If we do, it’s useful to clarify who’s saying what:

Out of Scope
Any other general queries can be answered using the attached comms material. Calibre can answer operational queries.

It would also be useful for both MBIE and the receiver to notify each other of incoming media queries and responses. This is good practice to ensure
that any response is consistent.

Happy to discuss. Shout out if there’s any questions or concerns.

Cheers,
Josh

Josh Hercus
PRINCIPAL ADVISOR TO ROBERT PIGOU, DEPUTY CHIEF EXECUTIVE and
HEAD OF KĀNOA - REGIONAL ECONOMIC DEVELOPMENT & INVESTMENT UNIT

[email address] | Mobile: +s 9(2)(a)
15 Stout Street, Wellington 6011, PO Box 1473, Wellington 6140

From: Philippa Harray <Philippa.Harray@mbie govt.nz>
Sent: Friday, 27 October 2023 9:08 am
To: Erika Harrison <[email address]>; Martin Burrows <MBurrows@calibrepartners co nz>
Cc: Shaun Brown <[email address]>; Josh Hercus <[email address]>; Adam Wood <[email address]>; Brendon
Gibson <[email address]>; Oliver Cherry s 9(2)(a)
; Robert Pigou <[email address]>; Mark Reese
([email address]) <Mark.Reese@chapmantripp com>; [email address]; Ben Methven
<[email address]>; Bonita Morrissey Smith s 9(2)(a)
; Freddie Beaumont
<[email address]>
Subject: RE: RAL Progress Update [UNCLASSIFIED]

Hi Martin, Out of Scope

  Out of Scope

Ngā mihi
Philippa

This message may be subject to legal professional privilege.
_________________________________________________________________

Philippa Harray (she/her)
Principal Solicitor  Legal Services (Commercial)
Legal  Ethics and Privacy Branch | Corporate  Governance and Information Group
Ministry of Business  Innovation & Employment
[email address] | Mobile +s 9(2)( )

From: Erika Harrison <[email address]>
Sent: Friday, 27 October 2023 8:36 am
To: Martin Burrows <[email address]>
Cc: Shaun Brown <[email address]>; Josh Hercus <[email address]>; Adam Wood <[email address]>; Philippa
Harray <[email address]>; Brendon Gibson <BGibson@calibrepartners co.nz>; Oliver Cherry s 9(2)(a)
Robert
Pigou <[email address]>; Mark Reese (Mark.Reese@chapmantripp com) <[email address]>;
[email address]; Ben Methven <[email address]>; Bonita Morrissey Smith
s 9(2)(a)
; Freddie Beaumont <[email address]>
Subject: RE: RAL Progress Update [UNCLASSIFIED]

Good morning Martin,

Thanks very much for sharing this with me – I have no issues with the comms plan you attached, please do share with your senior management.

Nāku, nā

Erika Harrison (she/her/Ms)
PRINCIPAL ENGAGEMENT AND COMMUNICATIONS ADVISOR
Communications and Engagement, Kānoa – Regional Economic Development and Investment Unit
Ministry of Business, Innovation & Employment

From: Martin Burrows <[email address]>
Sent: Thursday, 26 October 2023 6:32 PM
To: Erika Harrison <[email address]>
Cc: Shaun Brown <[email address]>; Josh Hercus <[email address]>; Adam Wood <[email address]>; Philippa
Harray <[email address]>; Brendon Gibson <BGibson@calibrepartners co.nz>; Oliver Cherry s 9(2)(a)
Robert
Pigou <[email address]>; Mark Reese (Mark.Reese@chapmantripp com) <[email address]>;
[email address]; Ben Methven <[email address]>; Bonita Morrissey Smith
s 9(2)(a)
Freddie Beaumont <[email address]>
Subject: RE: RAL Progress Update [UNCLASSIFIED]

Hi Erica,

The draft comms updated to reflect discussions with Robert this afternoon is attached.

We have removed the draft media statement as we understand it is Robert’s preference for us not to issue one at this stage.

The attached is therefore distilled down to key themes and messaging for the staff meeting.

The staff meeting is scheduled for 3pm tomorrow afternoon and will be held via Teams.

We would like to share the attached with RAL senior management tomorrow morning if possible and the Liquidators (who have seen a previous
iteration) but won’t do that until we have your feedback.

Thanks

Martin Burrows
Executive Director
Advisory | Restructuring

m +s 9(2)(a)
  p +64 9 919 7481  calibrepartners.co.nz

Notice: This email is intended solely for the use of the addressee and may contain information that is confidential or subject to legal professional privilege. If you receive this email in error please immediately
notify the sender and delete the email.

From: Erika Harrison <[email address]>
Sent: Thursday, October 26, 2023 4:01 PM
To: Martin Burrows <[email address]>
Cc: Shaun Brown <[email address]>; Josh Hercus <[email address]>
Subject: RE: RAL Progress Update [UNCLASSIFIED]

Kia ora Martin,

I’m part of the team at Kānoa/MBIE, providing some comms support for this.  It looks like there is a final version of this document incorporating
feedback you’ve received – would I be able to see it?

I understand there is likely to be a meeting tomorrow with affected staff, letting them know of events.  What time is this planned for, and (if you are
planning to issue it proactively) when are you planning to issue the media statement?  We may proactively put a brief ‘news item’ on our own website
to frontfoot media interest, and want to make sure our timing dovetails.

Nāku, nā
Erika Harrison (she/her/Ms)
PRINCIPAL ENGAGEMENT AND COMMUNICATIONS ADVISOR
Communications and Engagement, Kānoa – Regional Economic Development and Investment Unit
Ministry of Business, Innovation & Employment
[email address] | Mobile: +s 9(2)(a)
15 Stout Street, Wellington Central, Wellington 6011

From: Martin Burrows <[email address]>
Sent: Friday, 20 October 2023 11:16 am
To: Shaun Brown <[email address]>; Josh Hercus <Josh.Hercus@mbie govt.nz>
Subject: FW: RAL Progress Update

Hi gents,

Do you know if there were any further comments from your side on this draft comms?

It would be good to get across to PWC.

Thanks

Martin Burrows
Executive Director
Advisory | Restructuring

m +s 9(2)(a)
p +64 9 919 7481  calibrepartners.co.nz

Notice: This email is intended solely for the use of the addressee and may contain information that is confidential or subject to legal professional privilege. If you receive this email in error please immediately
notify the sender and delete the email.

From: Mark Reese <Mark.Reese@chapmantripp com>
Sent: Thursday, October 19, 2023 1:34 PM
To: Martin Burrows <[email address]>; Ben Methven <[email address]>; Bonita Morrissey Smith
s 9(2)(a)
; Freddie Beaumont <[email address]>; Shaun Brown
<[email address]>; Josh Hercus <[email address]>; Murray Beatson <[email address]>; Robert Pigou
<[email address]>; Michael Harper <[email address]>
Cc: Brendon Gibson <BGibson@calibrepartners co.nz>; Oliver Cherry s 9(2)(a)
Subject: RE: RAL Progress Update

Martin

s 9(2)(h)



Thank
Mark

MARK REESE
PARTNER
Chapman Tripp
D: +64 4 498 4933
M: +64 27 231 1925
LEGAL ADMINISTRATOR: s 9(2)(a)
| D: +s 9(2)(a)
www.chapmantripp.com

From: Martin Burrows <[email address]>
Sent: Thursday, 19 October 2023 9:59 am
To: Mark Reese <[email address]>; Ben Methven <[email address]>; Bonita Morrissey Smith
s 9(2)(a)
Freddie Beaumont <[email address]>; Shaun Brown
<[email address]>; Josh Hercus <[email address]>; Murray Beatson <[email address]>; Robert Pigou
<[email address]>; Michael Harper <[email address]>
Cc: Brendon Gibson <BGibson@calibrepartners co nz>; Oliver Cherry s 9(2)(a)
Subject: RAL Progress Update

Hi all,

We and Chapman Tripp have made good progress on several fronts over the past 24 hours:

Out of Scope

Out of Scope

Out of Scope

The Receivership funding agreement is now largely agreed subject to final review by s 9(2)(j)

Out of Scope

Subject to Kanoa’s progress we think we are in good shape to formalise appointment next week if that is appropriate.

We are available to discuss next steps as required.

Regards

Martin Burrows
Executive Director
Advisory | Restructuring

m +s 9(2)(a)
p +64 9 919 7481 calibrepartners.co.nz

Notice: This email is intended solely for the use of the addressee and may contain information that is confidential or subject to legal professional privilege. If you receive this email in error please immediately
notify the sender and delete the email.

Disclaimer
This email is intended solely for the use of the addressee and may contain information that is confidential or subject to legal professional privilege. If you receive
this email in error please immediately notify the sender and delete the email.

15 Stout Street, PO Box 1473, Wel ington
www.mbie.govt.nz

DRAFT NEWS STORY FOR GROW REGIONS

27 October 2023

Crown Receiver appointed for Ruapehu Alpine Lifts
Ruapehu Alpine Lifts (RAL) has been placed into Crown-appointed receivership.

Calibre Partners has been appointed receiver.

“The many communities directly and indirectly affected by operations on Mt Ruapehu have been taken
into account in coming to this decision,” says Head of Kānoa Robert Pigou.

“The purpose of placing the company into receivership is to provide time for decisions to be made on the
future of RAL, in the interest of ensuring the best lasting outcome for these communities.”

This decision follows the Government's agreement earlier this month to provide additional loan funding
of $4.3 mil ion to support RAL until further decisions can be made on the pathway forward for operations
on Mt Ruapehu.

[ENDS]

From:
Martin Burrows
To:
Philippa Harray
Subject:
RE: RAL Progress Update - Comms approach for today"s receivership announcement [UNCLASSIFIED]
Date:
Friday, 27 October 2023 2:10:50 pm
Attachments:
image003.png
image004.png
Thanks Phillipa, good catch
Martin Burrows
Executive Director
Advisory | Restructuring
m +s 9(2)(a)
p +64 9 919 7481 calibrepartners.co.nz
Notice: This email is intended solely for the use of the addressee and may contain information that is confidential or subject to legal professional privilege. If you receive this email in error please immediately
notify the sender and delete the email.
From: Philippa Harray <[email address]>
Sent: Friday, October 27, 2023 1:46 PM
To: Martin Burrows <[email address]>; Josh Hercus <[email address]>; Erika Harrison <[email address]>;
Sarah Harpur Ruigrok <[email address]>
Cc: Shaun Brown <[email address]>; Adam Wood <[email address]>; Brendon Gibson <[email address]>; Oliver
Cherry s 9(2)(a)
>; Robert Pigou <[email address]>; Mark Reese ([email address])
<[email address]>; [email address]; Ben Methven <[email address]>; Bonita Morrissey Smith
s 9(2)(a)
; Freddie Beaumont <[email address]>; Michelle Paki
<[email address]>
Subject: RE: RAL Progress Update - Comms approach for today's receivership announcement [UNCLASSIFIED]
Small suggestions from me on the attached. I have no issues with the email below. Thanks for the redraft.
Philippa

27 October

27 October 2023
27 October 2023

27 October 2023

27 October 2023

Document Outline

45 RE_ RAL - Recent developments & options
62 RE_ Pure Turoa Ltd response to latest Cabinet o...(2)
66a RAL Mins MR - Receivership (DRAFT)
- Mt Ruapehu is a significant part of the economy in the Central North Island. The ski operations are a key employer and have significant flow-on effects for businesses and related industry. The value of the region’s GDP is estimated to be around $100 m...
67 RE_ Options in RAL Cabinet paper(1)
75 Re_ Ruapehu Alpine Lifts Limited (In Liquidatio...(1)
77a Deed of Appointment of Receiver v1
79 RAL Progress Update