A comprehensive, written partnership agreement should include a clear profit & loss distribution method to avoid dispute.

The arguments for and against a destruction policy for company board papers are both finely balanced.

The recent Court of Appeal decision in Vuletic v Contributory Mortgage Nominees Limited highlights the need for clarity in documentation intending to bind a guarantor.

This act introduces some significant changes which will affect all lenders providing consumer credit in New Zealand.

When eight people died when the vessel sank, the sole director of the company which owned the vessel was convicted.

These proposals aim to increase certainty, provide assistance to company directors, and further protect jobs and income.

The New South Wales Appeal Court recently upheld penalties for breach of directors’ duties against two former executives of James Hardie Industries Limited (JHIL). Although, unlike Australia, New Zealand law does not expressly impose directors’ duties on company "officers", it would be a mistake to think that the judgment is therefore not relevant to New Zealand.

A board or directors' resolution is a formal decision passed and signed off by the directors of a company.

The safe harbour from insolvent trading will provide welcome relief to directors who face significant liquidity issues.

Outlines what a non-executive director is & the legal duties they must comply with.

The start of a new calendar year is as good of a time as any to undertake a debt recovery health check for your business.

Even if a director is found in breach of duty, a Court will still address factors of causation, culpability and fairness.

Some companies need to change the composition of their board and provide additional information to the Companies Office.

Effective April 1, 2023, the New Zealand Exchange (NZX) has updated the NZX Corporate Governance Code (Code) and the NZX ESG Guidance Note (ESG Note). There are eight principles...

The ability of a company to pay its due debts is to be assessed objectively, taking a "practical business perspective".

The economic impact of the COVID-19 pandemic has required governments around the world to provide temporary relief to companies and directors experiencing distress as a consequence of the pandemic.

The High Court sent a strong message to directors against the dangers of companies continuing to trade whilst insolvent.

This new set of good governance guidelines aims to promote a better workplace health and safety culture in New Zealand.

Directors must maintain a subsidiary's independence to protect the parent against liability for the subsidiary's debts.

NZ has adopted Australian model work health and safety laws, with changes, and the response of business is important.