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Results: 1-10 of 719

Unlawful liquidation terminated
  • Buddle Findlay
  • New Zealand
  • September 26 2017

ELT Recycling (NZ) Ltd (ELT) is a company in the business of scrap tyre collection and recycling. The shareholders of ELT had ongoing financial


Liquidators' costs under review - Part 2
  • Buddle Findlay
  • New Zealand
  • September 26 2017

The director and shareholders of Rayland Investment Ltd (in liq) (the Company) applied to terminate the Company's liquidation. The Court found it


Trust monies to liquidators
  • Buddle Findlay
  • New Zealand
  • September 26 2017

The case of Hollis & Somerville v Total Debt Solutions (2009) Limited concerned an application by the liquidators of a company for directions that


Court of Appeal sheds light on new approach to penalties in Torchlight decision
  • Wilson Harle
  • New Zealand
  • September 12 2017

The New Zealand Court of Appeal recently had to determine whether late payment fees of A$28 million on a 60-day loan of A$37 million were an unenforceable penalty according to the law of New South Wales, Australia, which was the law of the contract


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


Trustees Executors Limited v Fund Managers Canterbury Limited & Ors 2016 NZHC 2194
  • DAC Beachcroft
  • New Zealand
  • February 7 2017

The interplay between D&O and PI policies for professional service companies is often less than straightforward. Covergae issues arise where a


Commercial eSpeaking - Summer 2017
  • James & Wells
  • New Zealand
  • January 31 2017

The new Credit Contracts and Consumer Finance Amendment Act 2015 (CCCFA Amendment Act) which came into full effect in mid-2016 has tightened rules


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


Court of Appeal rejects Fonterra's view on misleading conduct in trade
  • Buddle Findlay
  • New Zealand
  • December 1 2016

In Fonterra Co-operative Group Ltd v Mcintyre and Williams Partnership 2016 NZCA 538, the Court of Appeal dismissed Fonterra Co-operative Group's