When it comes to talking business and considering risk, often the last thing that comes to mind is what might happen to the business if a personal relationship ends. While it might not be front of mind, it is still an essential consideration as New Zealand relationship property law can turn a business into a… Read More.
Can you even remember why you got one? Did the neighbour have one? Maybe you heard about them at that school fundraiser? Or was it the TV – after all, everyone has a trust! Did it seem like a good idea at the time, but now…well, you never really understood it, you just nodded along,… Read More.
Dispute resolution clauses can be easily overlooked. However, it is always important to consider what processes are specified in your contract before committing. Here we consider one of the potential downsides of an arbitration clause – for the unsuccessful party at least. This is a useful reminder to consider the pros and cons of the… Read More.
The law governing incorporated societies is changing in a way that affects all societies in New Zealand. If you are involved with an incorporated society, this article will introduce you to the new law and the issues you and your society need to consider. Introduction Many community clubs and organisations operate as societies. Societies can… Read More.
Recording workplace conversations in New Zealand – a growing concern Employees may be asked to attend a meeting with their employer at any time. The meeting might be about performance, conduct, or some other matter or incident they are involved in or have been asked to respond to. The need to maintain a record of… Read More.
It is becoming increasingly common for directors to provide a personal guarantee (PG), guaranteeing a company’s obligations. Whether the guarantee is to secure a lease, obtain funding for working capital or reassure a supplier, the terms of each guarantee will differ, but the underlying principle remains the same – a personal commitment to ensure the… Read More.
Rural landowners often consider developing or subdividing their land. This article explores one key aspect and how it might impact these plans. What is the National Policy Statement for Highly Productive Land (NPS-HPL)? The National Policy Statement for Highly Productive Land (NPS-HPL) came into effect in 2022 with the objective of protecting highly productive land… Read More.
Contracting out agreements, commonly referred to as ‘pre-nups’, can be an awkward topic to raise with your partner, but they are an essential tool in your asset planning and protection toolbox. Contracting out agreements provide clarity to both parties (or their survivors) in the event that they separate or one or both of them dies.… Read More.