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Hot on the heels of the Feltex decision vindicating the right of directors to rely on advice,1 the New South Wales Court of Appeal has released a judgment that considers in some detail what happens when there are gaps in advice, or the advice is based on unchallenged assumptions. The findings underline that director and officer liability will always depend on the particular context. But there are some broader lessons to be drawn.

As New Zealand inches toward a more regulated insolvency regime, Australian court decisions may become more relevant here.

The NZ Government is seeking public input on the development of a new policy to deal with earthquake-prone buildings.

Criminal liability in Nathans Finance case echos Centro ruling making it clear directors must apply their own judgement in exercise of their duties rather than relying on management and expert advice.

The Full Court of the Federal Court of Australia has twice found against the ACCC in significant price-fixing appeals.

The Bridgecorp convictions should not disturb the prudent director's peace of mind.

The new standard construction contract, NZS3910:2013, contains a new structure as well as other changes and new features.

Most financial services businesses will need to register by 1 December 2010 under the Financial Service Providers (Registration and Dispute Resolution) Act (FSPA). Specialist financial advisers, discretionary investment managers and investment planners have until 31 March 2011.

Law Commission’s updates to Privacy Act 1993 contemplate technical changes and major departures.

This is Part 7 of a detailed submission by Chapman Tripp in relation to the draft Financial Markets Conduct Bill.

Those retail KiwiSaver scheme providers and trustees who have yet to submit on the Ministry of Economic Development (MED) Discussion Paper - Periodic Reporting Regulations for Retail KiwiSaver Schemes – should consider doing so now.

It's a sobering read but also an optimistic one which challenges our public service to be more responsive to their clients.

The Ministry of Economic Development (MED) has released a discussion document on the fees and levies to fund the latest developments.

This article looks closely at the detail and timing of the changes that can be expected from the new Labour government.

Discusses immigration policies for businesses in NZ.

The Base Erosion and Profit Shifting Project aims to reduce tax minimisation opportunities created by the global economy.

The NZ High Court has jurisdiction to declare legislation inconsistent with the New Zealand Bill of Rights Act 1990.