Two companies in the Sacred Hill wine group have been placed into liquidation, with one of the companies owing staff $290,000.
In May and June the group, including Sacred Hill Vineyards, Sacred Hill Marlborough Vineyards, Sacred Hill Family Vineyards and Sacred Hill Global, went into receivership with more than $98 million in outstanding debts.
On Friday Ernst and Young associate partner Rhys Cain was appointed liquidator of Sacred Hill Vineyards and Sacred Hill Family Vineyards.
Cain said the order for liquidation was made by an associate judge at the High Court in Napier.
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* Sacred Hill wine group owes mor…
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