If your business gets into trouble and the worst should happen, what is the fate of the intellectual property? Sometimes the most important assets in a business are not the stock in trade or tangible assets, but the intangibles. This … Read More
In the 90′s the New Zealand Government encouraged the use of Loss Attributing Qualifying Companies (LAQC’s). LAQC’s were used by those holding investment properties and others expecting to make a tax loss. However, this is no longer the case. From … Read More
Death and Wills are generally not a topic of conversation when you are preparing for your wedding. Marriage significantly changes property division and the allocation of assets. A new marriage invalidates a Will made before the marriage. If you die … Read More
Gift duty was abolished on 1 October 2011. Many clients are asking us to gift the balance owing to them by their trust in one hit. Their motivation for this varies. One reason is that Government “user pays” charges mean … Read More
Your experience of commercial litigation is likely to be fairly awful. Why? It takes a long time to get a decision and it costs a lot. Not only this, the decision is hard to predict. And if you do win, … Read More
Spending time on your new lease pays off The agreement to lease is where you set out: What needs to happen for the lease to go ahead? How your expectations are different from the standard terms. What has to happen … Read More
The disputes we advise on include: Property Disputes Equitable claims to Property Disputes between Joint Tenants/Tenants in common Disputes arising from Contracts for Sale Damage to Property Caused by Third Parties Caveats and mortgages Commercial Leasing Disputes Water Leaks and … Read More
New Unit Titles Act gives owners more certainty Developers and apartment owners will take note of the new Unit Titles Act 2010 Key changes in the 2010 Act are: all common property is owned by the body corporate. Before the … Read More
As employers experience the economic squeeze in these recessionary times, they may turn to restructuring and/or redundancy. Although employers are entitled to run their business as they see fit, they must have genuine commercial reasons for making employees redundant and … Read More
If you buy a property at a mortgagee sale, be aware that you are entering a contract that is quite different to an agreement entered into in other circumstances. The agreement is likely to be weighed heavily in the mortgagee’s … Read More