Emergency notification regime to begin
Emergency notification regime to begin
16 June 2020 | By  Graham Jordan  | Tamara McConnell
With the advent of Covid-19, a few aspects of the Government’s proposed overhaul of foreign investment law were expedited and passed into law under the Overseas Investment (Urgent Measures) Amendment Act 2020. One of the main drivers behind this Act was the desire to protect vulnerable New Zealand assets from being sold under “fire sales” to overseas buyers, while also giving due weight to the operation and viability of distressed businesses. Read More →
Emergency notification regime to begin
Emergency notification regime to begin
16 June 2020 | By  Graham Jordan  | Tamara McConnell
With the advent of Covid-19, a few aspects of the Government’s proposed overhaul of foreign investment law were expedited and passed into law under the Overseas Investment (Urgent Measures) Amendment Act 2020. One of the main drivers behind this Act was the desire to protect vulnerable New Zealand assets from being sold under “fire sales” to overseas buyers, while also giving due weight to the operation and viability of distressed businesses.
Read More →