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Direct deeds – not the protection expected

New Zealand - October 21 2015 ​Direct deeds provide limited protection for contractors. This is the effect of the judgment arising from what is believed to be the first use of the…

Michael Arthur, Hamish Bolland

Can a lender use a Property Law Act notice to call up a loan?

New Zealand - March 11 2015 In a decision surprising to banks and other lenders, the High Court has ruled that a lender cannot issue a notice to accelerate a loan before the…

Michael Arthur, Fiona Bennett, Alan Lester, Ross Pennington, Emma Sutcliffe

Final FMCA regulations tip scale at over 700 pages

New Zealand - November 5 2014 The regulations to support the Financial Markets Conduct Act 2013 (FMCA) have now been signed off and were released by the Ministry of Business…

Bradley Kidd, Ross Pennington, Penny Sheerin, Roger Wallis, Tim Williams

Win to ASIC in responsible lending regime

Australia, New Zealand - August 29 2014 The Australian Securities and Investment Commission (ASIC) has flexed its muscles in relation to the responsible lending regime and obtained a…

Michael Arthur, Victoria Heine, Sarah Jackson, Alan Lester

Feedback sought on Responsible Lending Code

New Zealand - July 15 2014 The proposed code is intended to assist compliance with the responsible lending principles set out in the Act, and is due to come into effect from…

Fiona Bennett, Chris Dann, Sarah Jackson, Alan Lester, Kelly McFadzien