With the current economic climate of Covid-19, company Directors may question their business solvency and whether to continue trading in such circumstances. The recent Supreme Court decision of Madsen-Ries v Cooper regarding the liquidation of Debut Homes Ltd should be at the forefront of any Director questioning the solvency of their business and tempted to…
The swift advancements in the information technology space in the last couple of decades have rendered the Privacy Act 1993 outdated and not fit to effectively regulate the current ways in which we gather, store and use information. To address this, New Zealand has a new Privacy Act on the way. What are the key…
Why do we need a will? In basic terms, to document who you wish to provide for upon your death and how you’d like your assets to be distributed. Wills also allow you to specify someone you would like to look after your children or to leave special gifts and meaningful things to people or…
Employment mediations that had been scheduled to take place in March, April and May of this year, during Alert levels 4 and 3 were conducted by phone, rather than in person. This is because while the rest of us adapted to meeting online using software such as MS Teams or Zoom, the Ministry of Business…
If you are a landlord or tenant, the Residential Tenancies Amendment Act is sure to have an impact on your rights – it’s best to be aware of this impact now, or risk getting caught out. We have compiled a quick summary of the biggest changes below, but all changes can be viewed now on…
NEW ZEALAND’S PRIVACY LAW IS CHANGING – WHAT’S AT STAKE? An update to New Zealand’s privacy laws is long overdue. When the Privacy Act 1993 came into force almost 30 years ago, the world wide web had only been around for a few years. There have since been massive changes in technology, meaning that the…
The most significant change in New Zealand trust law in more than 60 years is almost here with the Trusts Act 2019 to come into effect in January 2021. With this law change comes increased obligations for trustees and clearer right for beneficiaries. We recommend clients with active trusts to undertake a review to determine…
Welcome news today for the construction industry with the Government announcing the first tranche of “shovel ready” infrastructure projects to be fast tracked. Full detail of the projects can be found here.
From Monday 18th May our offices will open to clients under strict Covid-19 Level 2 protocols. From Thursday this week, our management team will be busy putting in place safety measures for staff and clients so that those who need to come in and meet with us can do so in a safe manner. Whilst…
We are seeing increasing commentary in relation to the property market that suggests post-lockdown, investors may be looking to free up cash by offloading investment property. With bank lending rates at record lows, it will be a first home buyer’s market. For those looking to purchase their first home, our team can assist with KiwiSaver…