Buying a business can be a significant commitment of time and money, so you won’t want to find out there are issues after settlement, especially ones that come at a big cost. Even if you’re not a first time buyer, following the process can seem complex. If you’re looking to buy a business, our business lawyers have put together a step by step guide to doing it right.
Tenure review of Crown pastoral land to end
The Minister for Land Information, the Hon Eugenie Sage, announced on 17 February this year that the ‘tenure review’ of Crown pastoral land under the Crown Pastoral Land Act 1998 (CPLA) would end.
The choices that come from a difficult separation
Losing a spouse or partner is very sad and difficult, and not a time most people want to have to make important legal decisions. Unfortunately, this is the time you have to decide between your entitlements under their will or potentially making a claim against their estate. Here are your options.
The bank of mum and dad
Contributions by family members to the purchase of a property and how this is recorded can affect property ownership. We discuss how you can help your children and, at the same time, lessen the risks to you as parents.
No enduring power of attorney
If you are unable to make decisions for yourself at any stage (either temporarily or longer term) it is important there is someone in place to act on your behalf.
Accessing the assets of a trust
When a marriage, civil union or de facto relationship breaks down, the couple will usually divide their property according to the Property (Relationships) Act 1976 (the PRA). However, these two people often hold property in a trust rather than personally.
How to buy a business without getting burned
Buying a business can be a significant commitment of time and money, so you won’t want to find out there are issues after settlement, especially ones that come at a big cost. Even if you’re not a first time buyer, following the process can seem complex. If you’re looking to buy a business, our business lawyers have put together a step by step guide to doing it right.
Business briefs
A recent decision in the Court of Appeal* has made a director liable for almost $500,000 of company debt due to the company’s failure to keep adequate accounting records.
Potpourri of employment law changes ahead
Last year saw many changes in the employment law sphere, with the Labour-led government delivering on promises of reform in this area.
Construction industry and its retentions scheme
The collapse last year of Ebert Construction Limited took many in the construction industry by surprise, particularly its subcontractors who were owed retention moneys.
Over the fence
Mycoplasma bovis (M. bovis) continues to be a real concern for the farming industry in New Zealand.