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Harvey Norman franchisees fined for misleading consumers about their rights

Harvey Norman franchisees fined for misleading consumers about their rights

Do you and your staff know the rules regarding consumer rights and guarantees in New Zealand? The cost of not knowing can be high as Harvey Norman operators recently learned.

By Claire Barron - 20 Jan 2016

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Nurofen Causes Headache for Reckitt Benckiser

Nurofen Causes Headache for Reckitt Benckiser

Are you experiencing pain in your back? Then, according to Reckitt Benckiser, Nurofen Back Pain should be your drug of choice.

 

Has a piercing migraine got you down? No worries, Reckitt Benckiser's products suggest, Nurofen Migraine Pain will soon soothe your misery.

By Matt O'Neale - 16 Dec 2015

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Yoghurt Story telling tales - frosty response from Commerce Commission

Yoghurt Story telling tales - frosty response from Commerce Commission

Once upon a time there was a yoghurt retailer, Yoghurt Story New Zealand Limited.  This retailer touted its product's 'beneficial bacteria for better digestion and overall good health' and that 'with Yoghurt Story probiotic yoghurt your stomach will thank you'. BUT THEN ...

By Matt O'Neale - 4 Dec 2015

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Company directors, look sharp! New company requirements in force

Company directors, look sharp! New company requirements in force

New Companies Office requirements came into force yesterday. Failure to comply with these new rules could result in companies being struck off the Register.

By Melissa Higham - 29 Oct 2015

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Directors Beware: Liability for GST/Reckless Trading

Directors Beware:  Liability for GST/Reckless Trading

Think a company structure will avoid personal liability? Think again. Directors of liquidated companies can be held personally liable for GST.

The Companies Act gives the IRD long arms and very big teeth. In a liquidation situation, there is potential personal liability to directors if GST liability was incurred when the company couldn't meet its obligations to the IRD.

By Tony Johnson - 25 Aug 2015

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Peer to peer lending on the rise

Peer to peer lending on the rise

Peer to peer lending (or P2P) looks set to grow in New Zealand with the introduction of LendMe later this year. Offering competition for banks and finance companies, the new P2P finance model is an interesting alternative to traditional means of lending and borrowing.

By Matt O'Neale - 25 Jun 2015

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Further law reforms set to overhaul consumer credit contracts

Further law reforms set to overhaul consumer credit contracts

Extensive changes to the Credit Contracts and Consumer Finance Act 2003 are coming into force on 6 June 2015. They will have a significant impact on lenders who advance funds to consumers (for example, home loans, credit cards, vehicle finance or those who lend money for the purchase of consumer goods and services).

By Claire Barron - 27 Mar 2015

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Unfair terms in standard form contracts prohibited from today

Unfair terms in standard form contracts prohibited from today

Does your business use standard form consumer contracts? If so, you need to be aware that unfair contract terms will be prohibited in standard form consumer contracts from today (17 March 2015).

By Claire Barron - 17 Mar 2015

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Breaking News: Good news for contractors but bad news for liquidators

Breaking News: Good news for contractors but bad news for liquidators

Under the voidable transaction regime, the liquidator of a company can "claw back" payments made to a creditor within the two years prior to liquidation. In order to do so liquidators must show the payment was made at a time when the company was insolvent and allowed the creditor to receive more than they would have in the liquidation.

By Claire Mansell - 18 Feb 2015

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Martelli McKegg announces new Associate Claire Mansell

Martelli McKegg announces new Associate Claire Mansell

We are pleased to announce our new associate, Claire Mansell. Claire is an experienced litigator with particular expertise in insolvency and civil litigation. She has been with us since 2009.

By Andrew Steele and Tony Johnson - 2 Feb 2015

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