The question that needs to be answered is;
What has ANCL achieved by doing this?
Sure Vinnies was in dire straights, but they could've kept going and possibly traded out of trouble. They had a couple of money making contracts. (That doesn't include Wairarapa which wouldn't have made much if any) but the 146 wasn't making money and needed to be cut loose. ANCL's court action won't get them any money, because there isn't any..just vindictive!