We have discussed in a previous post a Court of Appeal decision which had essentially curtailed one of the basic defences for small businesses against liquidators trying to claw back money that has been received from a company that has gone into liquidation. Section 296(3) of the Companies Act provides […] Read More›
Due to the increasingly tight property market in most of New Zealand’s main centres Prime Minister John Key has suggested that first home buyers should consider buying an apartment. This is a common occurrence in most metropolitan cities however apartment living does have its pros and cons. We explore some […] Read More›
Many people will be familiar with the concept of transferring assets to a trust. The value of those assets or any part that hasn’t been paid being left as a debt owed by the trust to the person transferring the assets. Often couples transfer assets to trusts either before or […] Read More›
As a result of changes introduced by the Companies Amendment Act 2014 (which gives the Registrar of Companies extra powers) additional information will be required from 1 May 2015 when incorporating a New Zealand company and from 1 July 2015 when filing annual returns. The main changes to New […] Read More›