Date: 14 November 2019 Sector Commercial
Date: 01 November 2019 Sector Commercial
Did you know that unless one of the limited exceptions in the Motor Vehicle Sales Act 2003 applies, if your business in any period of 12 consecutive months sells more than 6 motor vehicles, for example to staff or to any related company, other than via a registered motor vehicle trader (dealer), the Registrar of Motor Vehicle Traders will require you to register under that Act as a motor vehicle trader or face prosecution?
Date: 01 May 2018 Sector Commercial
A natural disaster can have devastating effects on business operations. Whether you are a landlord or a tenant under a commercial lease, it is important to obtain legal advice both before you enter into the lease and in the aftermath of a natural disaster. This article considers some of the issues to discuss with your lawyer.
Date: 07 September 2017 Sector Commercial
A number of circumstance may give rise to you wanting to transfer a contract. For instance, you may have sold your business and you want to transfer your customer contracts or purchase contracts to the purchaser of the business. Two common methods to achieve this are by assignment or by novation. Each method has different consequences so it is important to understand the differences when deciding which method best suits your needs and seek legal advice before signing any document which transfers your interest in a contract.
Date: 28 August 2017 Sector Commercial
Have you sufficiently brought your terms and conditions of trade to the attention of your customers and contractors to ensure they will take effect should something go wrong? For one New Zealand company recently, the answer was unfortunately "no".
Date: 04 November 2016 Sector Commercial
Most businesses that have a standard set of terms and conditions of sale will also include a clause providing for interest in the event of non-payment. Often such clauses will provide for interest at a rate that is tied to the 90-day bill rate or the official cash rate.
Date: 14 September 2016 Sector Commercial
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. While there are laws that prevent the transfer or disposal of assets to avoid liability...
Date: 11 June 2015 Sector Commercial
Employment Agreements sometimes contain indemnities from the employer for liabilities the employee incurs in the course of 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.
Date: 31 March 2015 Sector Commercial
Setting up a business is exciting, stressful and time-consuming. At such a time, it is easy to overlook important legal issues that need to be dealt with. This can lead to significant problems and costs. This article summarises some of the important legal issues you need to consider when starting a business.
Date: 30 October 2013 Sector Commercial
Where a lease requires the tenant to obtain the landlord’s consent, the Property Law Act 2007 says that the landlord cannot ‘unreasonably’ withhold or delay that consent. Any considerations or obligations to consent set out in a lease must also be reasonable.
Date: 25 May 2012 Sector Commercial
So you have found a business that you are interested in buying. Before you enter the sale and purchase agreement you should complete an initial appraisal the business. You should try and identify the business’ major strengths and weaknesses so that you can address any concerns in the sale and purchase agreement and purchase price.
Date: 13 October 2011 Sector Commercial