As a business owner, it is prudent to protect your interests. Most business owners establish essential layers of protection, by structuring their businesses appropriately and securing essential insurance coverage to minimise potential personal exposure from creditors. Yet, one critical safeguard that is often overlooked is having a set of clear, well-drafted Terms of Trade defining… Read More.
The recent High Court judgment of Colcroft Holdings Limited v Meadows [2024] NZHC 173 illustrates important lessons when buying and selling property. Here are some key takeaways that will help you get your ducks in a row if you are interested in buying property. Summary of the case Mr Meadows purchased a house on Waiheke… Read More.
A common misconception that employers often hold is that they can rely on verbal warnings to justify formal disciplinary or performance management outcomes, instead of going through a formal process. The reality is that it’s not that simple. While there is a place for verbal warnings, employers should be cautious when seeking to rely on… Read More.
This year is proving to be an especially difficult period for employers and employees throughout New Zealand. Many businesses are reporting a disappointing year with declines in revenue and operating profits. Some of this performance is due to the macro environment, such as inflation, employment, spending, and monetary and fiscal policy. This is shaping the… Read More.
In New Zealand, we deal with natural hazards like earthquakes, floods, and landslides regularly. With climate change ramping up these risks, it’s becoming increasingly important to understand how they can impact our homes and insurance. If you've recently applied for a building consent, your local Council may have flagged your property as being at risk… Read More.
Life is unpredictable, and while we hope for the best, it is wise to be prepared for the unexpected. One crucial aspect of this preparation is understanding and establishing an Enduring Power of Attorney (EPOA). This legal document can provide peace of mind and ensure your affairs are managed according to your wishes, even if… Read More.
In the current economic landscape, a recent decision of the Court of Appeal comes as a timely reminder of employers’ obligations when carrying out a restructure process. In particular, the need to consult with affected employees during negotiations about a transfer of services (or business sale), and not waiting until after the decision has been… Read More.
For many people, buying a property is one of the biggest investments they make in their lifetime. There are many potential risks when purchasing a property which can be mitigated as follows: Step 1: Have your lawyer review the Agreement for Sale and Purchase before signing Your lawyer can ensure the Agreement reflects your intentions… Read More.