This decision confirms that a DoCA approved by creditors cannot be stymied by unwilling directors or a board's consent.

This new amending legislation seeks to protect New Zealand's international reputation as a trusted place to do business.

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

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

It is clear that there is potential for a ripple effect for New Zealand directors from the Australian Centro decision.

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

This guide answers ten key questions commonly raised by listed companies who are seeking to raise capital from their existing shareholders.

An officer must personally exercise due diligence to ensure that the PCBU complies with its HSW duties and obligations.

The culture and behavioural governance of the board and executive may often be at the nexus of organisational failure.

The new Insurance (Prudential Supervision) Act 2012 contains new risks and liabilities for insurers and their directors.

If you are the director of a company in New Zealand, you are subject to a range of legal duties under company law.

Judge Jan Doogue’s vigorous defence of a director’s right to rely on specialist advice in MED v Feeney and Ors has drawn sharply different responses with some seeing it as a source of comfort for directors and others as a source of concern. This Brief Counsel summarises the key points of the decision, samples some of the reactions it has provoked and gives Chapman Tripp’s assessment of the decision’s broader significance.

The Supreme Court prevented directors accessing costs to defend claims if amounts claimed exceed insurance policy limits.

This Australian case could also be relevant to a NZ court faced with assessing directors' conduct at a board meeting.

The fall-out from the strategy deployed by James Hardie Industries Ltd to limit its exposure to asbestos claims has provoked a searching examination in the Australian courts of exactly what happened at the board meeting when the critical decisions were taken.

This increased activity shows the FMA is prepared to flex its regulatory muscle and use significant enforcement powers.

This is a review of a number of recent cases involving corporates caught in what may be described as corrupt behaviour.

If you are considering directorship of a company in NZ, ensure that you understand what your director duties are.

When a director considers a related-party transaction involving the company, such a transaction must be for "fair value".

Administrators can be appointed by the directors of the company, the court or a secured creditor. But can a liquidator appoint himself or herself as administrator of the same company?