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No evidence of agency relationship between administrator and secured party
  • Buddle Findlay
  • New Zealand
  • December 8 2015

Mr Pala and Mr Luthera were directors of Shanton, a large retailer of women's clothing in New Zealand. BTC Group Limited (BTC) was in the business of


Statements to liquidator under oath have immunity High Court
  • Chapman Tripp
  • New Zealand
  • September 22 2015

If asked to provide information to a liquidator, the safest course may be to provide it under oath under section 261 of the Companies Act 1993


Commercial eSpeaking- Winter 2015
  • James & Wells
  • New Zealand
  • June 5 2015

Despite a post-quake construction boom in Christchurch, an unprecedented number of building firms are going bust. Reports surfaced earlier this year


Parent company made to pay its subsidiary's debts
  • Chapman Tripp
  • New Zealand
  • January 15 2015

Directors beware - unless you are careful to maintain a subsidiary's independence, the parent company may be liable for the debts of its subsidiary


Creditors can successfully challenge an unfair deed of company arrangement
  • CBP Lawyers
  • Australia, New Zealand
  • February 14 2014

The NSW Supreme Court has recently set aside a deed of company arrangement (DOCA) on the basis that it was prejudicial to creditors who voted against


Commercial eSpeaking - Summer edition
  • James & Wells
  • New Zealand, United Kingdom
  • January 29 2014

When an insolvent company goes into liquidation it's accepted that not all creditors will get paid 100 cents in the dollar.However it often comes as


Doing business in New Zealand
  • Simpson Grierson
  • New Zealand
  • December 2 2013

New Zealand is made up of two main islands (the North and South Islands), Stewart Island (at the bottom of the South Island), and some smaller


Settlement of what is an account receivable?
  • Buddle Findlay
  • New Zealand
  • October 9 2013

In Strategic Finance Limited (in receivership & in liquidation) and Strategic Nominees Limited (in receivership) v Bridgman and Sanson CA 5532011


High Court allows grace period for directors in breach of Companies Act duties
  • Buddle Findlay
  • New Zealand
  • September 30 2013

Syntax Holdings (Auckland) Ltd (in liquidation) v Bishop involved a claim by the liquidators of Syntax Holdings (Auckland) Ltd that Mr and Mrs


Liquidators exempt from having to send out six monthly reports
  • Buddle Findlay
  • New Zealand
  • June 27 2013

The High Court recently granted an application for an exemption from the requirement to send the liquidator's six monthly report to every preference