This article is co-authored by Ryan McMaster and Richard Hoare. The recent Court of Appeal decision of Malthouse Ltd v Rangatira Ltd [2018] NZCA 621 serves to highlight the risks of using earn-out clauses in M&A transactions. What is an ‘Earn-out’ clause? Earn-out clauses are a relatively popular mechanism used in M&A deals as a…
Anyone driving around the Tauranga city CBD will know that there is a lot of development happening. At our office we are lucky enough to have an eagle’s eye view of the Farmers site where the old building is now long gone and earthworks on site are well underway for the new development. With the…
Sharp Tudhope Lawyers are proud to support Liam Lawson, who took out New Zealand Grand Prix and the Castrol Toyota Racing Series (TRS) Championship over the weekend. Liam is a TRS rookie at just 16 years of age and has a stellar career ahead of him. Only eight of the 18 starters managed to finish…
This article is co-authored by Richard Hoare and Ryan McMaster and includes input from our friends at Australian Law firm, Sierra Legal. Sierra Legal was a 2018 Australasian Law Awards finalist for Boutique Firm of the Year https://www.sierralegal.com.au/ What has changed? Last July, Australia made changes to its insolvency laws with the aim of enhancing the…
In November 2018 the Reserve Bank announced that home loan restrictions will be loosened in January. This news has sparked a range of reactions from New Zealand property pundits, with some heralding the change as a blessing for millennials and others dismissing it as a minor change unlikely to have much of an impact. In…