The Insurance & Financial Services Ombudsman office (IFSO) was established in 1995 to help consumers who were in dispute with their insurers or financial services providers.
Last year saw many changes in the employment law sphere, with the Labour-led government delivering on promises of reform in this area
Directors have personal liability for company debt in liquidation / Electronic signatures – uses and risks / The Tax Working Group: recommendations coming soon
While there’s been a lot of hype around cryptocurrencies, it’s the underlying blockchain technology that has the potential to solve real business problems, particularly here in New Zealand.
The new Personal Property Securities Register (PPSR) website was launched on 1 October 2018. The new website is not just a cosmetic facelift for the PPSR - it also includes a raft of changes that make the PPSR more user friendly.
European Union: privacy law update / Commerce Commission action in respect of extended warranties / Workplace culture crackdown
Ebert Construction’s recent receivership is a reminder that not taking protective measures opens subcontractors up to recovery and enforcement issues.
Are your goods protected under the Personal Property Securities Act 1993?
As well as researching the market you will want to put a solid contract in place. A solid contract, or agreement for sale and purchase, should protect you from costly surprises after settlement.
If you have customers or suppliers in the European Union, you may have to comply with the General Data Protection Regulation (GDPR) which comes into force today.
Is your business infringing existing intellectual property rights? Do your homework...
Moving into the second half of 2018, New Zealand law firms, real estate agencies, and accounting firms need to make sure that they have the appropriate controls in place to perform “Know Your Client” checks as well as a framework to detect and report suspicious activities.
The Commerce (Cartels and Other Matters) Amendment Act 2017 came into force on 14 August 2017. This legislation amended the Commerce Act 1986 and, in doing so, significantly expanded the reach of the Commerce Commission to combat "cartel" arrangements and anti-competitive activities.
Creditors who fall within the definition of "supplier" under the Consumer Guarantees Act 1993 (CGA) will remain liable to consumers, following government review...
Before you finish up for Christmas, take note that the AML/CFT Supervisors have this week released new and updated guidance.
Employment (Pay Equity and Equal Pay) Bill - What could this mean for your business and employees? / Contract and Commercial Law Act 2017 now in force - Make sure your business documents comply / Security Cameras - When does surveillance become an invasion of privacy? >
With the Contract and Commercial Law Act 2017 coming into force on 1 September 2017, you should review your standard form business contracts to ensure they will be up-to-date. >
The pundits were right. The Minister of Finance, the Hon Steven Joyce, presented his first Budget on Thursday 25 May and it was definitely a ‘steady as she goes affair’ with few surprises. >
It will all come out in the wash: non-compliance with minimum employment standards; Further Takeovers Code relief on the way for small companies; and Employee share schemes, your time is up. >
Not all relationships were built to last forever, and even the most stable relationship amongst shareholders may waver. Issues may also arise unexpectedly, such as the death of a shareholder or... >
Lawyers, you should take note that the Anti-Money Laundering and Countering Financing of Terrorism Amendment Bill (the Bill) could be passed as early as June this year. New Zealand Lawyers need to prepare for this. >
OIO changes to streamline the investing and consenting processes; and Limited partnerships become popular. >
The Kaikoura earthquake was another reminder of the volatile and unpredictable nature of our land. We set out some guidance on points if you own, or are a tenant in, a commercial building potentially affected by earthquake damage. >
Alert: Put a start date on your employment contracts; Employee share scheme tax update; An unsettling agreement; and When does a director ‘live in New Zealand’? >
The Court of Appeal recently revisited the all-important question of how far must directors go to ‘take all reasonable and proper steps’ when making decisions on behalf of a company. How far is far enough? >
The extent of a trustee’s obligation to provide information to beneficiaries has been a continuing source of frustration for trustees, particularly those whose discretionary decisions may be challenged. Recently the Court of Appeal clarified the nature and extent of this ... >
The Construction Contracts Act 2002 (CCA) sets out a number of duties and obligations on both those commissioning building work, and those undertaking it. >