If you are considering purchasing a cross lease property, then it is important to understand what the term “cross lease” means, and what the issues are when purchasing a cross lease property. This article provides an explanation of what a cross lease property is, an overview of cross lease terms, and issues regarding insurance.
We are often approached by clients who would like to give something back to the community and have therefore decided to form a charitable trust. There are a number of key steps in this process, which we can assist with.
Despite their informal nature, emails can create binding obligations.
Despite their informal nature, emails can create binding obligations.
This article reviews the law relating to “Statutory Demands” pursuant to the Companies Act 1993. Statutory Demands may be served on a company to require a debt to be paid or disputed very quickly. The company served must act quickly to resolve the issues behind the Statutory Demand or it will risk being placed into liquidation.
Even though we are now out of an economic downturn, it is still useful to look at what lessons learned during the downturn could give better protection for business owners including how key assets are owned.
Employment Agreements sometimes contain indemnities from the employer for liabilities the employee incurs in the course performing his or her duties as employee. Such an indemnity can also be implied by law, if the employment agreement does not contain an explicit indemnity. However there are some issues that can affect the enforceability of these.
This article discusses important legal developments to be aware of when carrying out an employment restructure.
The High Court decision of Lewis Holdings Ltd v Steel & Tube Holdings Ltd [2014] NZHC 3311 has highlighted the importance of maintaining a subsidiary’s independence from its parent company.
This article explains what a caveat is. It gives examples of when you may want to lodge a caveat and explains how a caveat is removed.