Pursuing payment at all costs

While there are a variety of debt recovery mechanisms in place under New Zealand law, these are not always effective against bodies corporate. Creditors will be familiar with the presumption of insolvency that can trigger liquidation when a statutory demand is left unsatisfied.  However, this type of action is not available against bodies corporate because […]

This Month In Law

Once again we have an interesting month in New Zealand law. Join us as we run through some of the main employment law updates and recent interesting cases around the updates, as well as new legal protections at work. We’ll finish off with everyone’s favourite – tax time updates! Let’s dive in. Minimum wage rises […]

Clear communication key to successful earn-outs

According to Grant Thornton International research, ‘Earn-outs: How to avoid pitfalls and protect value’, earn-outs are one of the most disputed areas of transactions, during both negotiation and post-deal litigation, with 60% of New Zealand survey respondents stating earn-outs take the longest to negotiate; 57% of New Zealand respondents also said they’re the most disputed […]

This Month In Law

This month in law, there’s been tragedy as well as breaking news to shape New Zealand’s legislative future. We’ll go through some of the biggest legislation changes for the month, as well as recent updates to employment law, as well as some recent breaking news of laws that have been broken! Let’s dive in. Ban […]