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The directors did not need to consider the creditors' interests when determining the fairness of their own remuneration.

A look at the possible regimes that could emerge from a firmer regulatory approach to deep sea petroleum exploration.

The Court guidance was useful to the Trade Minister when reconsidering his decision to refuse a request under the OIA.

The recent High Court decision to award costs against the receivers of Five Mile Holdings Ltd, in addition to the company against which the proceeding was taken, has implications both for receivers and for stakeholders in a receivership.

The Commission focused its inquiry on the territorial authorities in New Zealand's ten fastest growing urban areas.

Lessons from a recent High Court decision.

For KiwiSaver change is, it seems, the only constant. This Brief Counsel comments on the latest round of proposed KiwiSaver changes.

The Government had to walk a knife edge in the preparation of this year’s Budget - demonstrating a credible path back to Budget surpluses to keep the ratings agencies at bay while not sinking the National Party’s chances of re-election.

The Code of Conduct is an innovation for the insolvency industry and should help to improve standards and integrity.

The Royal Commission of Inquiry is the most prestigious instrument of investigation available in New Zealand and is reserved for the most serious or complex issues: the Erebus crash (1979), the move to proportional representation (1986), social policy (1988), the ‘Wine Box’ (1994), the Cave Creek disaster (1995), genetic modification (2000), the ‘Super City’ (2007) and – now – the Pike River mining tragedy.

The KiwiSaver provisions in the Financial Markets (Regulators and KiwiSaver) Bill have emerged from the select committee more workable, clearer and much better integrated into the existing legislation.

The decision, where Mark Warminger was found to have manipulated the NZX market, is a useful clarification of the law.

These decisions, setting aside creditors' compromises, give new guidance on parameters of Part 14 of the Companies Act.

We summarise and comment briefly on the proposed amendments.

The Australian Personal Property Securities Act offers a third route to perfection, not available in New Zealand.

The strength of the protection that the Personal Property Securities Act 1999 (PPSA) offers the recipients of monies paid by an insolvent debtor was tested recently in Stiassny and Ors v Commissioner of Inland Revenue – and failed to support the IRD’s right to retain funds paid to it.

Given the scope of the opportunities on offer, and the temptations of an oncoming election, this is a subdued budget.