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Liquidator finds faults on both sides of RipeTime meltdown, reports potential law breaches to Companies Office


Liquidator finds faults on both sides of RipeTime meltdown, reports potential law breaches to Companies Office
7 Jan, 2021 04:00 PM
5 minutes to read
RipeTime was founded in 2016 and aimed to revolutionise quality control of the global fruit supply chain. Photo / 123rf
Allegations that Kiwi intellectual property ended up in Australia after a bitter falling out between founders and funders of failed horticulture analytics start-up RipeTime have been quashed after a liquidator s investigation.
RipeTime administrator/liquidator Conor McElhinney
of McGrathNicol told the Herald last year that his investigation into the July collapse of RipeTime in a welter of infighting included probing allegations by a former director that a company registered in Australia, or other parties, may have misappropriated RipeTime s intellectual property and other assets . ....

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