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This amendment makes it clear that the new retentions trust regime applies only to contracts on or after 31 March 2017.

The Government is promising better protection for sub-contractors' retention payments, through a proposed 'trust'.

Tips to directors on managing risks associated with providing a personal guarantee in connection with company activities. .

The Act will extend to new categories of construction professionals, such as designers, engineers and quantity surveyors.

A building contract can vary depending on the builder, so it is important for it to be reviewed on a case by case basis.

Business-savvy iwi are now extending their investment into more social initiatives that directly benefit iwi members. .

The Ministry of Consumer Affairs (Ministry) has released a discussion document on the redress and enforcement provisions contained in the Fair Trading Act 1986 and the Consumer Guarantees Act 1993.

The Act comes into force on 1 September 2017, with an increasing shift towards user-friendly and modernised legislation.

Parties negotiating construction contracts should ensure that they include an effective limitation of liability clause.

MBIE has released a discussion document, inviting public consultation on independent contractors in today's economy.

Payments from a third party can, in certain circumstances, be treated as being made by the debtor, and are voidable.

All insurance policy documents should be reviewed and updated by 1 September 2017 to comply with the CCLA. with the CCLA.

Businesses talk about "confidential" information and should protect such information by specific agreements or clauses,.

The first article in this series looks at issues of confirmation and due diligence in commercial property transactions.

A direct agreement empowers the financier to step in and complete the construction project if the developer defaults.

Construction projects rely on a healthy labour force and on materials and components often produced in another country.

We share useful business articles on IT, Employment Law and Social Media for business owners and their staff.