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Bell Gully

LEVEL 21, VERO CENTRE, 48 SHORTLAND STREET, PO BOX 4199, AUCKLAND 1140, NEW ZEALAND
Tel:
Work +64 9 916 8800
Fax:
Fax +64 9 916 8801
Email:
Web:
www.bellgully.com
Auckland, Wellington

Garry Downs

Tel:
Work +64 9 916 8932
Email:
Bell Gully

Work Department

Corporate.

Position

Mergers and acquisitions, Takeovers, Joint ventures, Commercial, Corporate governance and advisory, Energy, Infrastructure and projects, Insurance, Māori, Agribusiness, International, Overseas investment, Project finance

Career

Garry specialises in mergers and acquisitions, joint ventures, corporate governance advice, energy and major infrastructure project development and has leading sector expertise in energy and utilities.

Garry's clients are across a broad spectrum of industries and he is a trusted advisor to significant New Zealand companies and to iwi organisations advising on their commercial activities. Garry is consistently recognised as a leading lawyer in independent international directories.

Admitted - 1984 New Zealand International Career: Freshfields, London 1987-1989.

Member

Member of the Accounting Standards Review Board (2003-2008) Member of the International Bar Association Member of the Institute of Directors

Education

LLB, University of Otago.


New Zealand

Projects and resource management (including environment)

Within: Projects and resource management (including environment)

At Bell Gully, ‘the service is exceptional’. For environmental law and resource management, the ‘efficient, on-point and persuasiveAndrew Beatson in Wellington ‘has complete understanding of his clients’ business and his advice mirrors their goals’. He assisted Nova Energy with the development of its planned 360MW gas-turbine generator at Tihiroa. On the same matter, he also acted for Transpower New Zealand, which is seeking designation of a transmission line to connect the plant to the National Grid. Also recommended are energy partners David Coull, who advised AWE Limited on the sale of its interest in the Tui oilfield, and Chris Gordon; public law expert Simon Watt; and projects specialists Hugh Kettle and David Chisnall. In Auckland, energy partner Garry Downs, projects partner Tom Bennett and ‘friendly and accommodating’ senior associate Natasha Garvan are highly regarded. Anadarko Petroleum and Contact Energy are also clients of the firm.

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Legal Developments by:
Bell Gully

  • The Tax Working Group’s Interim Report - A capital gains tax for New Zealand?

    ​​​​​​The Tax Working Group has released its Interim Report on the Future of Tax. Amongst a number of other matters, the Interim Report describes two alternative methods for the implementation of a capital gains tax in New Zealand, which will be the subject of further consideration over the coming months. 
    - Bell Gully

Legal Developments in New Zealand

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  • The Tax Working Group’s Interim Report - A capital gains tax for New Zealand?

    ​​​​​​The Tax Working Group has released its Interim Report on the Future of Tax. Amongst a number of other matters, the Interim Report describes two alternative methods for the implementation of a capital gains tax in New Zealand, which will be the subject of further consideration over the coming months. 
  • Privilege in regulatory investigations: UK Court of Appeal supports a broad approach

    Last week, the UK Court of Appeal released its much-anticipated judgment in ENRC v SFO[1], a decision with significant implications for the scope of legal professional privilege in the context of regulatory investigations.
  • Overseas Investment - review announced just as new regime comes into force

    Just days before amendments to New Zealand’s overseas investment regime take effect, the government has announced its intention to undertake a further review of the legislation.
  • New NZX Listing Rules in force from 1 January 2019

    NZX today published the final version of its updated listing rules. These new rules will take effect on 1 January 2019, subject to a six-month transition period.
  • Trans-Pacific Partnership trade benefits are coming

    Following several years of negotiations, and after the high-profile collapse of the original Trans-Pacific Partnership ( TPP ) in 2017, the renamed “Comprehensive and Progressive Trans-Pacific Partnership” ( CPTPP ) has now met the required number of ratifications to come into force. This is due to occur on 30 December 2018. This will offer New Zealand businesses a range of opportunities they should plan for, including reduced tariffs on a number of key exports.​
  • CPTPP Agreement sparks further legislative change

    The Government has introduced further amendments to the Overseas Investment Regulations 2005 (the Regulations ) to ensure New Zealand complies with its obligations under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (the CPTPP Agreement ) and various other international agreements New Zealand is a party to.
  • What is the latest in privacy law reform?

    The Overseas Investment Amendment Bill (the Bill) was passed yesterday after its third and final reading. It is likely to receive Royal assent this month. Once that occurs, the provisions of the Bill that limit the ability of overseas persons to purchase residential property in New Zealand and the changes in the regime governing overseas investments in forestry will officially become part of the Overseas Investment Act (the Act).
  • Residential land amendments mark new era in New Zealand’s overseas investment regime

    ​​​​​​The Overseas Investment Amendment Bill (the Bill) was passed yesterday after its third and final reading. It is likely to receive Royal assent this month. Once that occurs, the provisions of the Bill that limit the ability of overseas persons to purchase residential property in New Zealand and the changes in the regime governing overseas investments in forestry will officially become part of the Overseas Investment Act (the Act).
  • A fresh look at the recoverability of takeover expenses

    The High Court has revisited the recoverability of a target company's expenses for the first time in more than 45 years. The case has important implications for future reimbursement disputes.
  • Insurance contract law reform back on the agenda for 2018

    The Government announced on 6 March that it is undertaking a review of New Zealand's insurance contract law, and has released a terms of reference for the review here ​​.