The High Court has appointed PWC's John Fisk and Richard Nacey as liquidators.
The coming days will be pivotal, as the liquidator tries to sell the assets of Whakapapa and Turoa ski areas to two bidders.
It is uncertain whether Department of Conservation concessions to run the ski fields can be transferred to the new owners quickly enough time for it to open in a few weeks.
Since RAL went into voluntary administration late last year, owing about $45 million, Fisk and Nacey have been trying to stitch a deal together to enable the ski areas to continue.
