Please note all of our news and articles are for general information purposes only and do not constitute legal advice. For advice tailored to your circumstances please contact your Saunders & Co lawyer. As well as providing regular news updates on the feed adjacent, we also provide a personalised news email service. Contact us if you wish to be added to the mailing list.
New Requirements for Purchase Price Allocation from 1 July 2021
If you are planning to buy or sell a business this year, you need to be aware of the new purchase price allocation rules which come into effect on 1 July 2021.
Triangular Employment Relationships
Joining controlling third parties to personal grievance claims The Employment Relations (Triangular Employment) Amendment Act 2019(Act)came into force on 27 June 2020. The Act has far reaching implications for employers who use labour-hire companies.
Consumer Contracts – Financial Support
Debt, Hardship and Uncertainty: COVID-19 and its Implications for Lending and Borrowing Arrangements The impacts of COVID-19 have been far-reaching, affecting the economy in a variety of ways.
Penalty Clauses Clarified
It is common for commercial agreements to include a clause setting out some form of consequence if a breach occurs.
Alert Level 1
At midnight on 9 June 2020 New Zealand moved to Alert Level 1. The restrictions of Alert Level 2 have been lifted, though strict border controls remain.
Commercial Leases Disputes
The Government has announced a new compulsory arbitration scheme for small businesses who can’t agree a fair rent reduction with their landlord.