COVID-19. Contracts and performance flowchart
COVID-19. Contracts and performance flowchart
05 April 2020 | By  Karl Stolberger  | Michael Busch
We expect many businesses and individuals to be assessing the virus' impact on their contractual obligations, including whether the virus excuses a party from its contractual obligations under a force majeure clause or the doctrine of frustration. The flow chart is a resource you can use to help you with that assessment. Read More →
COVID-19. Contracts and performance flowchart
COVID-19. Contracts and performance flowchart
05 April 2020 | By  Karl Stolberger  | Michael Busch
We expect many businesses and individuals to be assessing the virus' impact on their contractual obligations, including whether the virus excuses a party from its contractual obligations under a force majeure clause or the doctrine of frustration. The flow chart is a resource you can use to help you with that assessment.
Read More →
COVID-19. The Government’s response to corporate insolvency
COVID-19. The Government’s response to corporate insolvency
05 April 2020 | By  Liam Closey
On Friday, 3 April 2020, the New Zealand Government announced changes to the Companies Act 1993 (Companies Act) aimed at supporting New Zealand businesses through the COVID-19 epidemic. The changes in law are to be applied retrospectively from that Friday. In particular, the changes look to ease the pressure on businesses and directors facing solvency issues so as to avoid companies being placed into liquidation prematurely.
Read More →
The case of the selfish shareholders
The case of the selfish shareholders
04 September 2018 | By  Joshua Woo
How (not) to draft an indemnity clause
How (not) to draft an indemnity clause
02 August 2017 | By  Lowndes Jordan  | Joshua Woo
Changes to Commerce Act 1986 seek to enhance competition
Changes to Commerce Act 1986 seek to enhance competition
05 July 2017 | By  Lowndes Jordan  | Tom Pasley
Limited partnerships become popular
Limited partnerships become popular
20 February 2017 | By  Abbey James
A flexible and convenient option, limited partnerships are an increasingly popular business structure for venture capital and private equity firms looking to enter the New Zealand market.
Read More →
When does a director “live in New Zealand”?
When does a director “live in New Zealand”?
20 September 2016 | By  Luke Balmforth
ince 1 May 2015, the Companies Act 1993 has required that at least one director of each New Zealand company “live in New Zealand” or “live in an enforcement country and be a director of a company that is registered … in that enforcement country”
Read More →
Parent company liable for debt of subsidiary company in liquidation
Parent company liable for debt of subsidiary company in liquidation
28 September 2015 | By  Luke Balmforth
If you are a director of a company in a corporate group, a recent High Court decision should serve as a timely reminder of the need to preserve each company’s separate legal identity within the group.
Read More →
Supreme Court decision on Voidable Transaction Defence
Supreme Court decision on Voidable Transaction Defence
05 March 2015 | By  Karl Stolberger  | Rachael Cederwall
The Supreme Court of New Zealand has recently released a decision giving clarity to the operation of the voidable transaction provisions within the Companies Act 1993.
Read More →
The devil’s in the details: validity of financing statements
The devil’s in the details: validity of financing statements
11 December 2013 | By  Rachael Cederwall  | 
In a recent decision, Polymers International Ltd v Toon [2013] NZHC 1897, the High Court held that, when registering a financing statement against a debtor company on the Personal Property Securities Register, the omission of the company number from the financing statement was seriously misleading...
Read More →
New Zealand Business Numbers
New Zealand Business Numbers
10 December 2013 | By  Valerie Rey
All companies currently registered in New Zealand have now been assigned a New Zealand Business Number (NZBN)...
Read More →