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Contracts what endures beyond termination?
- Buddle Findlay
- -
- New Zealand
- -
- February 14 2013
The Contractual Remedies Act 1979 (the "Act") provides rules governing the cancellation of contracts. Section 7 of the Act outlines situations in
First contested application under the phoenix company provisions determined by the High Court
- Buddle Findlay
- -
- New Zealand
- -
- December 21 2012
The recent High Court decision in Groves v TSSN Limited (In Liquidation) 2012 NZHC 2402, involved the first contested application to the Court for permission under section 386A of the Companies Act 1993 (Act) to be a director and manager of a phoenix company
Financial Reporting Bill submissions sought
- Buddle Findlay
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- New Zealand
- -
- December 11 2012
The Financial Reporting Bill has been read for a first time and referred to the Commerce Select Committee
Aligning trans-Tasman consumer law: New Zealand developments
- Buddle Findlay
- -
- Australia, New Zealand
- -
- December 5 2012
Proposed changes to New Zealand’s consumer laws look set to go ahead soon, following the release of the Commerce Select Committee’s report on the Consumer Law Reform Bill in early October
Increased flexibility - electronic communications and shareholders' meetings
- Buddle Findlay
- -
- New Zealand
- -
- November 7 2012
Recent changes to the Companies Act 1993 have given greater flexibility in the administration of companies by providing for electronic communications and virtual shareholder meetings
First test for phoenix company legislation
- Buddle Findlay
- -
- New Zealand
- -
- November 7 2012
The recent High Court decision in Grove v TSSN Ltd (in liq) 2012 HC 2402 is the first case considering an opposed application for permission for the director of the failed company to act as a director of a phoenix company, under the provisions of the Companies Act added in 2007
Clamping down on lowball
- Buddle Findlay
- -
- New Zealand
- -
- November 7 2012
New regulations are being introduced with effect from 1 December 2012 in relation to unsolicited "predatory" share offers
Australian acts may have New Zealand consequences - the Court of Appeal clarifies the reach of the Commerce Act
- Buddle Findlay
- -
- Australia, New Zealand
- -
- October 18 2012
In Commerce Commission v Visy Board Pty Limited 2012 NZCA 383, the Court of Appeal has further clarified the extent to which conduct taking place outside New Zealand may contravene the Commerce Act 1986 (Act
Costs - contractual right to full indemnity upheld
- Buddle Findlay
- -
- New Zealand
- -
- October 18 2012
In Black v ASB Bank 2012 NZCA 384, the Court of Appeal has upheld the decision to award indemnity costs of over $90,000 against the appellant
Fair Trading Act - counter-party's solicitor not liable for misleading
- Buddle Findlay
- -
- New Zealand
- -
- October 18 2012
A solicitor who made inaccurate representations on behalf of his client to the counter-parties to a transaction has been found not liable for breaches of the Fair Trading Act 1986 (FTA
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