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Results: 1-10 of 257

Prejudicial transactions, director's duties and surrender of security
  • Buddle Findlay
  • New Zealand
  • March 20 2017

The liquidators of Marathon Imaging Limited (Marathon) brought a claim against the company's director, Mr Greenhill, for a prejudicial disposition of


New rules on company creditor compromises
  • Chapman Tripp
  • New Zealand
  • March 9 2017

Two High Court decisions setting aside creditors' compromises give new guidance on the parameters of Part 14 of the Companies Act 1993


The dangers of playing fast and loose when trading carbon credits, rare earth metals and coloured diamonds
  • Buddle Findlay
  • New Zealand, United Kingdom
  • December 13 2016

The English High Court in Re Caledonian Ltd considered whether the business practices of two companies justified the winding up of these companies on


Former directors found to be in breach of their duties
  • Buddle Findlay
  • New Zealand
  • September 29 2016

In CGES Limited (in liquidation and receivership) v Kelly 2016 NZHC 1465, the liquidator of CGES Limited brought claims against the former directors


Appeal court keeps parent company on the hook
  • Chapman Tripp
  • New Zealand
  • August 17 2016

The Court of Appeal has dismissed an appeal by Steel & Tube Holdings Limited (STH) against the legal basis and quantum of a $750,000 judgment based


Significant decision on Part 15A voluntary administration
  • Chapman Tripp
  • New Zealand
  • August 9 2016

The High Court has issued its first major decision under Part 15A of the Companies Act, rejecting a multi-faceted challenge by Cargill International


Director's security set aside
  • Buddle Findlay
  • New Zealand
  • June 30 2016

In Petterson v Browne 2016 NZCA 189 a liquidator successfully appealed to the Court of Appeal and obtained orders under sections 295 and 299 of the


Previous convictions no issue for liquidator
  • Buddle Findlay
  • New Zealand
  • June 30 2016

Mr Kamal was appointed as liquidator of two companies of which the Commissioner of Inland Revenue (CIR) was a creditor. The CIR applied to the High


Directors' remuneration held to be reasonable
  • Buddle Findlay
  • New Zealand
  • June 30 2016

The Court of Appeal in Madsen-Ries v Petera considered the reasonableness of directors' remuneration in circumstances when a company is in a dire


Directors' remuneration post-insolvency
  • Chapman Tripp
  • New Zealand
  • June 2 2016

Directors do not need to consider creditors' interests when determining the fairness of their own remuneration, even after the company has become