In 2020, the government introduced a raft of legislation to provide temporary relief for businesses struggling to navigate the effects of the Covid pandemic. Some relief measures, such as the safe harbour for company directors, have already expired, while others will expire this year unless they are renewed.
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The COVID pandemic has paved the way for innovation, and many New Zealanders spent 2020 investing time and money into their new or existing businesses.
The COVID pandemic has paved the way for innovation, and many New Zealanders spent 2020 raising funding for their new or existing businesses.
Crown Pastoral Land Reform Bill submissions open, the Synlait settles Pōkeno land dispute settlement reached and a reminder that the Trusts Act 2019 comes into effect on 30 January 2021
To take and use water for irrigation an easement to get water from its source and a resource consent to use that water are both required. Problems may arise though, if users of the same source apply for new or renewed water consents. You may find yourself competing with a neighbour who has an easement right relating to the same finite source of water, even if it’s on your land.
Commercial property syndicates are becoming popular again due to the returns they are able to provide to investors in the face of low interest rates. While this type of investment has always been popular, we are seeing a shift from dairy and forestry into kiwifruit, apple, cherry and other horticultural sectors.
During the COVID lockdown, special rules applied to the signing of some legal documents. Obviously it was, and is, not possible to have your signature witnessed by someone outside your bubble in Levels 3 and 4.
When entering a second or subsequent relationship, it is common to want to keep assets safe from relationship property claims. An effective way to do this can be by transferring assets to a trust. Care needs to be taken, however, to ensure you do this within the law.
Decision-making can be affected by bias. In a recent case , trustees’ decision-making came under scrutiny from the High Court.
In response to the COVID pandemic, changes continue to be made around tenancies – both residential and commercial – as well as mortgages and lending.