A recent judgment in the High Court has challenged traditional
thinking regarding whether a defendant can oppose an application
for orders setting aside payments under section 292 of the
Companies Act (commonly referred to as a voidable transaction).
By Tony Johnson and Claire Mansell - 7 Jun 2013
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As our cities move toward greater numbers of high density
residential property, ownership in unit title developments is set
to increase. An ideal scenario for some; but not for those who
discover construction defects such as leaky building syndrome. At
times like this, you really do need good neighbours.
By Kay Keam - 31 May 2013
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We regularly see horror stories splashed across the front pages
of the dailies, "Home buyers warned: Test for P", "Methamphetamine
crackdown: Drug labs in houses" etc etc. But how much is just hype
and how concerned should we actually be?
By Kay Keam - 24 May 2013 - 1 comment
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Care needs to be taken when looking at body corporate
rules. The first step is working out what the rules are.
By Kay Keam - 17 May 2013
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Michael Campbell McIntosh Cormack
23 July 1938 - 11 May 2012
Mike will be remembered for his many attributes, his sharp legal
mind, easy gracious personality, competitive nature, sporting
prowess, generosity, and his humour.
By Philip Wells - 10 May 2013 - 9 comments
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In December 2011 we published a blog in relation to the High
Court's ruling that an appeal from the Weathertight Homes Tribunal
could not proceed to the Court of Appeal following its dismissal in
the High Court. Mr and Mrs Osborne's pursuit for justice in
their claim will now take them to the Supreme Court as they have
recently been granted leave to appeal to that court.
By Andrew Steele - 8 May 2013
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In the red hot Auckland property market, many aspiring buyers
have found themselves caught in an increasingly complex auction
process. Auctions are currently the most common method of sale with
two out of five properties being sold this way. Auctions are
consistently brought forward from the advertised date and this can
lead to confusion and tight timeframes.
By Kay Keam - 3 May 2013
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Recently the High Court again highlighted the importance of
trustees taking an active role in the administration of his or her
trusts. The recent High Court decision in Selkirk
v McIntyre further highlighted the folly of being a
"passive trustee". In that case GST was not paid by the trust
and as a result the IRD obtained a $200,000 payment from the
passive trustee.
By Tony Johnson - 29 Apr 2013
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The Meritas 2013 Annual Meeting is taking place in Vancouver on
24-26 April and Melissa Clark will be attending. The meeting
promises an excellent line up of speakers and an opportunity to
foster relationships with our international affiliates.
By Melissa Clark - 11 Apr 2013
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If you are a director of a New Zealand registered company or if
you are thinking of setting up a company in New Zealand, you need
to be aware of some important changes proposed by the Companies and
Limited Partnerships Amendment Bill.
By Warren Bygrave - 21 Mar 2013
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