When looking to raise equity capital for your business, it is crucial to understand that there is no one size fits all approach. a business will need to understand the full range of capital raising options available to it and then choose the option which not only optimises the actual cash raised but the value… Read More.

[Winter 2014] A 2014 High Court decision has highlighted the benefits of including an equitable mortgage in a supplier’s terms of trade (Adams and Buchanan as Liquidators of Starplus Homes Ltd (In Liquidation) v Sun [2014] NZHC 912). Background The case involved the failed property development company, Starplus Homes Limited (In Liquidation). On liquidation, Starplus… Read More.

[Spring 2012] As part of security for a loan, it is not uncommon for a lender to require that someone associated with the borrower provides a personal guarantee in support of the borrower’s indebtedness to the lender. A guarantee is a promise by one party (the guarantor) to answer to another (the lender) for the… Read More.

[Autumn 2013] The Anti-Money Laundering and Countering Financing of Terrorism regulatory regime (‘AML/CFT’) will fully come into effect on 30 June 2013. The regime sets out new procedures and standards for detecting and preventing the flow of ‘dirty money’ through legitimate channels. This will not be news for larger financial institutions such as banks, which… Read More.

[Spring 2013] Credit Reports form a record of your credit history and are used by Credit Providers (such as banks) in assessing whether or not to provide you with credit. Credit Reports help Credit Providers confirm your identity, verify your current and historical credit history and are used to calculate the likelihood of you being… Read More.