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How to understand and protect the most valuable asset in your business – intellectual property

What’s the most valuable asset in your business – or your employer’s business? You might say expensive buildings, vehicles, machinery or stock. But often the most...

The Trusts Act 2019

The Trusts Act 2019 (the Act) came into effect on 30 January 2021.  The Act replaced the existing Trustee Act 1956 and the Perpetuities Act 1964. The Act will become the...

Tourism Holdings decision: In search of the ordinary...

The Court of Appeal’s recent decision in A Labour Inspector v Tourism Holdings Limited[1] has reversed the Employment Court’s previous decision which found that, on the...

Waging Court Battle:

Employees paid below minimum wage during covid-19 lockdown The Employment Court recently found an employer did not have to pay its employees the minimum wage under the Minimum...

New Privacy Act now in force

The Privacy Act 2000 (Act) came into force on 1 December 2020, replacing the previous Privacy Act 1993. The new Act makes several changes to New Zealand’s privacy...

Why you should have a shareholders’ agreement if starting a business

If you’re starting or running a business with other co-founders, you’ve probably been told by someone to get a shareholders’ agreement. But why is this important?...

Protecting yourself when you supply goods on credit

Do you supply goods to another business on credit? If that business failed, you might think that you could walk in and reclaim the goods that haven’t been sold, right?...

An Offence to Courtesy – Asserting Minority Shareholder Interests

Although it might be discourteous, putting your own interests first as a minority shareholder won’t always put you in breach of your obligations to your fellow shareholders....

New Renting Regulations: The Lease You Can Do

New Renting Regulations: The Lease You Can Do   A number of changes to the Residential Tenancies Act 1986 are set to come into force. These changes are aimed at improving...

Covid-19: Do employers have to keep paying staff?

Covid-19: Do employers have to keep paying staff? New Zealand is again facing the possibility a lockdown of uncertain duration.  One thing we do know for certain is that...

Clear as a Whistle

The Protected Disclosures (Protection of Whistleblowers) Bill (Bill) seeks to clear up confusion for organisations and disclosers by making whistle-blowing simpler and more...

What to watch out for when buying or selling a contract

If you’ve entered into a contract with someone, can you transfer that contract to someone else? The answer depends on what the contract says – but there are some things...

New Penalty Test Confirmed

The Supreme Court today issued a judgment upholding previous decisions of the High Court[1] and Court of Appeal[2] in the Honey Bees Preschool v 127 Hobson Street case.[3] This...

Law change for commercial landlords and tenants to address Covid-19 rent relief

On 4th June, the Government announced law changes to help certain businesses resolve commercial rent disputes arising from COVID-19. Where an eligible tenant has suffered a...

Covid Changes to Insolvency Rules

COVID-19 (novel coronavirus) has had a significant impact on the global economy, and the effects of this will be felt for weeks to come. New Zealand’s economy has not escaped...

Changes to the Takeovers Code in response to COVID-19

CHANGES TO THE TAKEOVERS CODE The Takeovers Panel has just issued a Media Release announcing some temporary changes to the Takeovers Code (Code) to help mitigate the effects of...

Changes Coming to Business to Business Payments

The Ministry of Business, Innovation and Employment (MBIE) has recently produced a discussion paper aimed at improving business-to-business payment practices in New Zealand. ...

Frustration of Contracts Resulting from Covid-19

Covid-19 has already presented many frustrations for New Zealanders as we head into lockdown this week. The nationwide Civil Emergency is going to impact a large variety of...

Vendor GST Warranty

Nine times out of ten the GST information in an agreement to buy and sell property will be completed with relative ease as both vendor and purchaser (and their accounting/tax...

Farm Debt Mediation Scheme more than meets the sty

A new mediation scheme will apply to farm debt from 1 July 2020.  The scheme will require lenders to offer mediation before they can enforce farm debt. Key Points The...

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