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  • Article

    Lenders can use Property Law Act notices to call up a loan

    The Court of Appeal has ruled that a lender can issue an acceleration notice without waiting for a PLA notice to expire.
    New ZealandFinance and Banking
    Chapman Tripp
    Chapman Tripp
  • Article

    Tough regime against low ball offers in force from 1 December

    Tough regulations to protect the public against unsolicited offers for securities were signed by the Governor General.
    New ZealandFinance and Banking
    Chapman Tripp
    Chapman Tripp
  • Article

    Supreme Court clarifies solvency test

    The ability of a company to pay its due debts is to be assessed objectively, taking a "practical business perspective".
    New ZealandInsolvency/Bankruptcy/Re-Structuring
    Chapman Tripp
    Chapman Tripp
  • Article

    Productivity Commission wants cleaner development charges regime

    The Productivity Commission recommends reform of development contributions in relation to new subdivisions of land.
    New ZealandReal Estate and Construction
    Chapman Tripp
    Chapman Tripp
  • Article

    Quick nip and tuck for development contributions regime

    Development contributions will be given a legislative nip and tuck in the next New Zealand Local Government Reform Bill.
    New ZealandReal Estate and Construction
    Chapman Tripp
    Chapman Tripp
  • Article

    Social housing – a long and winding path to the first sales

    The first sales under the social housing programme are likely to be late 2015, according to the government timeline.
    New ZealandReal Estate and Construction
    Chapman Tripp
    Chapman Tripp
  • Article

    Appeal court keeps parent company on the hook

    Directors must maintain a subsidiary's independence to protect the parent against liability for the subsidiary's debts.
    New ZealandCorporate/Commercial Law
    Chapman Tripp
    Chapman Tripp
  • Article

    Prime opportunity to sort out financial advisers' regime

    The Terms of Reference for the much-anticipated review of the FAA & FSPA are now out.
    New ZealandFinance and Banking
    Chapman Tripp
    Chapman Tripp
  • Article

    Temporary Aussie exemption from financial advisers regime

    Discusses which Australian-regulated financial advisers will be exempt from the new financial services regulatory regime in NZ.
    New ZealandFinance and Banking
    Chapman Tripp
    Chapman Tripp
  • Article

    Jail time for serious breach of directors' duties

    A director will be criminally liable if his or her conduct is knowingly and seriously in breach of those duties.
    New ZealandCorporate/Commercial Law
    Chapman Tripp
    Chapman Tripp
  • Article

    Towards best practice managed fund regulation

    Morningstar measures investor-friendly managed fund markets in different jurisdictions, based on selected criteria.
    New ZealandFinance and Banking
    Chapman Tripp
    Chapman Tripp
  • Article

    RMA Reform Bill – busy with change to planning but less than National wanted

    The 'phase two' RMA reforms have now finally been introduced to Parliament as the Resource Legislation Amendment Bill.
    New ZealandReal Estate and Construction
    Chapman Tripp
    Chapman Tripp
  • Article

    Charitable purposes move with the times

    The Supreme Court has decided that a political purpose is not automatically excluded from being a charitable purpose.
    New ZealandCorporate/Commercial Law
    Chapman Tripp
    Chapman Tripp
  • Article

    Direct deeds – not the protection expected

    Direct deeds are generally used on construction projects between the developer, the contractor and the financier.
    New ZealandCorporate/Commercial Law
    Chapman Tripp
    Chapman Tripp
  • Article

    NZX to revise corporate governance requirements

    NZX has released a discussion document on the corporate governance requirements imposed on issuers..
    New ZealandCorporate/Commercial Law
    Chapman Tripp
    Chapman Tripp
  • Article

    The wisdom of mass destruction of board papers

    The arguments for and against a destruction policy for company board papers are both finely balanced.
    New ZealandCorporate/Commercial Law
    Chapman Tripp
    Chapman Tripp
  • Article

    Appeal Court to employers – don't mess with the labour inspectorate

    The Appeal Court reaffirmed labour inspectorate powers and employer obligations to cooperate with HSEA investigations.
    New ZealandEmployment and HR
    Chapman Tripp
    Chapman Tripp
  • Article

    ETS review now underway

    The ETS review discussion document signals the need for a tightening of the ETS screws.
    New ZealandEnvironment
    Chapman Tripp
    Chapman Tripp
  • Article

    ASX-only listed NZ companies should come home

    The same benefit could be achieved with a primary listing on NZX and then listing on ASX as a Foreign Exempt Listing.
    New ZealandFinance and Banking
    Chapman Tripp
    Chapman Tripp
  • Article

    NZ government books – on track but tight

    The projections are tight, and will require a large amount of fiscal discipline and a benign economic climate to succeed.
    New ZealandGovernment, Public Sector
    Chapman Tripp
    Chapman Tripp

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