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Legal update on Insolvency law - December 2018

New Zealand, Australia, United Kingdom, Global - December 13 2018 The High Court considered for the first time an application by Reserve Bank of New Zealand (the...

Seb Bisley, Jan Etwell, Scott Abel, David Broadmore, Bridie McKinnon, Kelly Paterson, Oliver Gascoigne, Peter Niven, Mathew Triggs, Scott Barker, David Perry, Laura O'Gorman, Willie Palmer, Susan Rowe.


High Court considers bankrupt's application to carry on business while still bankrupt

New Zealand - August 24 2018 In Lafferty v Official Assignee Gordon J considered Mr Lafferty's appeal of two decisions of the Official Assignee to refuse Mr Lafferty's...

Seb Bisley, Jan Etwell, Scott Abel, David Broadmore, Bridie McKinnon, Kelly Paterson, Oliver Gascoigne, Peter Niven, Mathew Triggs, Scott Barker, David Perry, Laura O'Gorman, Willie Palmer, Susan Rowe.


"Pay now, argue later": Court of Appeal refuses to set aside statutory demand

New Zealand - August 24 2018 The Hobson Apartments suffer from water tightness issues. Unusually for a unit development, the top floor apartment on level 12 owned by the appellant...

Seb Bisley, Jan Etwell, Scott Abel, David Broadmore, Bridie McKinnon, Kelly Paterson, Oliver Gascoigne, Peter Niven, Mathew Triggs, Scott Barker, David Perry, Laura O'Gorman, Willie Palmer, Susan Rowe.


CBL Insurance placed into interim liquidation

New Zealand - August 24 2018 The High Court placed CBL Insurance Ltd (CBLI) into interim liquidation on the application of the Reserve Bank of New Zealand in February 2018. CBLI...

Seb Bisley, Jan Etwell, Scott Abel, David Broadmore, Bridie McKinnon, Kelly Paterson, Oliver Gascoigne, Peter Niven, Mathew Triggs, Scott Barker, David Perry, Laura O'Gorman, Willie Palmer, Susan Rowe.


Operation of s179 Property Law Act 2007 substantially clarified

New Zealand - August 24 2018 Section 179 Property Law Act 2007 (PLA) allows a mortgagee to elect to adopt an existing agreement for sale and purchase in respect of mortgaged...

Seb Bisley, Jan Etwell, Scott Abel, David Broadmore, Bridie McKinnon, Kelly Paterson, Oliver Gascoigne, Peter Niven, Mathew Triggs, Scott Barker, David Perry, Laura O'Gorman, Willie Palmer, Susan Rowe.