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Results: 1-10 of 177

Bell Group appeal: issues for directors and creditors
  • Bell Gully
  • Australia, New Zealand
  • November 5 2012

In the latest episode in one of Australia's most complex and lengthy commercial disputes, the Western Australia Court of Appeal recently dismissed an appeal by a syndicate of banks (the Banks) from a decision in favour of the liquidators of the Bell Group (the Group


The importance of registering your security interest, particularly in Australia
  • Buddle Findlay
  • Australia, New Zealand
  • March 31 2016

In March 2013, four portable gas turbines worth about AU$50m had been leased to Forge Group Power Pty Ltd (Forge) by GE International Inc (GE) as


Recent GST cases address commissioner's priority to GST in insolvency and criteria for deregistration
  • Russell McVeagh
  • New Zealand
  • May 31 2012

Those statements from the Supreme Court and Court of Appeal should be refreshing reading for tax advisors


Court rejects 'halfway house' on security for costs
  • Buddle Findlay
  • New Zealand
  • December 14 2015

In Erwood v Official Assignee 2015 NZCA 478 an application was made to review a decision declining to dispense with security for costs. The


Power to appoint receiver - the terms of your contract are important
  • Buddle Findlay
  • New Zealand
  • April 15 2011

In Taylor & Ors v Bank of New Zealand (HC, 14122010, Panckhurst J, Christchurch, CIV 2008-409-964), the High Court held that a bank's appointment of a receiver without any prior written notice to the debtor was in accordance with the terms of the security agreement and was therefore valid


Setting aside transactions: the good faith defence
  • Buddle Findlay
  • Australia, New Zealand, United Kingdom
  • December 13 2013

In Madsen-Ries v Rapid Construction Ltd 2013 NZCA 489, the Court of Appeal considered an appeal concerning a liquidator's attempt to have a


Consultation paper on insurance solvency standards
  • Russell McVeagh
  • New Zealand
  • February 13 2013

The Reserve Bank has published a consultation paper on insurance solvency standards: the quality of capital and regulatory treatment of financial


Receivers liable for GST on mortgagee sales
  • Buddle Findlay
  • New Zealand
  • July 21 2011

The recent case of Simpson v Commission of Inland Revenue (HC, 1752011; Dobson J, Wellington, CIV 2010-485-1860) concerned the issue of whether receivers are personally liable to account for goods and services tax (GST) on the sale of six properties effected by them


Commission releases information on finance company investigations
  • Bell Gully
  • New Zealand
  • December 10 2010

Between 2006 and 2010, 50 New Zealand finance companies either went into liquidation or receivership, or froze payments


First ranking chargeholder retains its interest upon property vestment
  • Buddle Findlay
  • New Zealand
  • December 19 2011

In Fenland District Council v Sheppard and others, FDC had spent £72,000 making a derelict property safe, which by the hearing date was worth less than half that amount