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Results: 1-10 of 24

Law Commission wants your comments on trading trusts

  • Chapman Tripp
  • -
  • New Zealand
  • -
  • December 18 2012

Big changes are proposed to the use of trusts as trading enterprises by the Law Commission as part of its ongoing review into trust law

Trust law review possible implications for corporate trustees

  • Buddle Findlay
  • -
  • New Zealand
  • -
  • December 11 2012

On 13 November 2012, the Law Commission published its issues paper, Review of the Law of Trusts: Preferred Approach

Reform or revolution in Law Commission trust review?

  • Chapman Tripp
  • -
  • New Zealand
  • -
  • December 10 2012

The Law Commission’s comprehensive review of trust law, begun in 2010, is now entering the decision-making phase with the release last month of what is essentially a directions paper

Law Commission proposes new “trusts act”

  • Russell McVeagh
  • -
  • New Zealand
  • -
  • November 20 2012

The Law Commission has published its Preferred Approach Paper on Law of Trusts

Law Commission is seeking feedback on trust law proposals

  • Bell Gully
  • -
  • New Zealand
  • -
  • November 15 2012

The Law Commission is seeking feedback on a number of proposed reforms designed to make the law governing trusts clearer and more accessible

Trustees and undisclosed

  • Buddle Findlay
  • -
  • New Zealand
  • -
  • September 11 2012

The recent High Court decision of Stokes Family Trust v Insight Legal Trustee Co Limited involved the entry into an agreement for the sale and purchase of a property (the SPA) by a Mrs C, one of two trustees of a family trust (the Trust), in her own name

A warning for corporate

  • Buddle Findlay
  • -
  • New Zealand
  • -
  • September 11 2012

In another trust case, the recent Court of Appeal judgment in The Commissioner of Inland Revenue v Newmarket Trustees Limited illustrated the importance for corporate trustees of ensuring their trusts are properly managed, as well as the risks of using a single trustee company as the corporate trustee of multiple trusts

Takeovers Code (Trustees of Family Trusts) Exemption Notice 2012

  • Bell Gully
  • -
  • New Zealand
  • -
  • September 7 2012

The Takeovers Panel has granted a new class exemption from rule 6(1) of the Takeovers Code for persons who are or who become trustees of a private family trust as part of a bona fide reorganisation of a private family trust or an event outside the control of the trustees of the trust

Guarantees: trustees may also be personally liable

  • Buddle Findlay
  • -
  • New Zealand
  • -
  • July 27 2012

While the law limits the personal liability of trustees in many circumstances, it is essential that trustees signing guarantees understand the precise effect of the document and the capacity in which they are signing it

Failure to disclose trust affairs and company interests foils judgment debtors' attempt to avoid bankruptcy

  • Buddle Findlay
  • -
  • New Zealand
  • -
  • June 29 2012

In this case Westpac sought to have joint debtors Thomas and Sheena Fuller adjudicated bankrupt

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