March 2018 Many family assets in New Zealand are owned by a family trust. The trustees of such trusts must comply with a wide range of duties and obligations. This article considers one of those duties, the trustee duty of impartiality, and what this duty means in practice, particularly when trustees want to distribute trust… Read More.
March 2018 Legislation introduced by the Government at the end of last year and expected to be passed soon will tighten the rules around foreign ownership of residential property. In the main, only New Zealand citizens, Australian citizens or New Zealand permanent residents who satisfy certain conditions will have the right to buy a home… Read More.
November 2017 The Health and Safety at Work Act 2015 (‘HSWA’) came into effect on 4 April 2016. It took until 22 August 2017 for the first sentencing decision of the District Court to emerge, WorkSafe New Zealand v Budget Plastics (New Zealand) Ltd [2017] NZDC 17395. The second, WorkSafe New Zealand v Rangiora Carpets… Read More.
November 2017 When you’re considering entering into a long-term commitment it makes sense to consider at the start how you would like the assets you both bring to the partnership to be distributed should the relationship end. While most people have heard the term pre-nup, often used in stories about celebrities about to marry, it… Read More.
November 2017 To: tomsmith@outlook.com <tomsmith@outlook.com>; Hi Tom Please could you pay your deposit on 33 Acacia Avenue to us. I’ve included our bank details at the end of this email. Then we can get the ball rolling. Thanks John Account details: Name: JJ Law Number: 01-1199-0032118-00 Ref: 33Acacia John Johnson LLB |Partner JJ Law |… Read More.
November 2017 Many of us that purchase products or services online simply tick a box agreeing to the supplier's terms of trade without reading them or giving them a second thought. But those terms of trade can be very important, particularly when a deal goes wrong. Your business should have written terms of trade so… Read More.
November 2017 On 1 September 2017 the new Contract and Commercial Law Act 2017 came into force. This Act consolidates 11 contract and commercial statutes into a single piece of legislation. The drafters have also taken the opportunity to update the legislation to simplify the language used and make it more accessible and easier to… Read More.
September 2017 Many contracts include terms such as ‘best endeavours’, ‘reasonable endeavours’, or ‘all reasonable endeavours’? What do these terms mean? What is a party expected to do under these terms? The terms are often misunderstood. However, as a general rule, the terms are used to compel a person to take action to fulfil an… Read More.