Steel & Tube Holdings Limited v Lewis Holdings Limited [2016] NZCA 366

On 1 August 2016, the Court of Appeal released its decision in Steel & Tube Holdings Limited v Lewis Holdings Limited [2016] NZCA 366. The case offers guidance on pooling orders under section 271(1)(a) of the Companies Act 1993, which states that when a company is in liquidation, a court may order a “related company” [...]

October 13th, 2016|Categories: Legal Developments|Tags: , , |

Sweeping Legislative Reform

Legislative reform is set with the introduction of the Regulatory Systems Amendment Bill (the Bill). The objective of the Bill is to maintain the effectiveness and efficiency of the regulatory systems established by the Ministry of Business Innovation and Employment. The Bill will amend 17 Acts which administer the following regulatory sectors: building and housing; [...]

Companies Act Update

The Companies Amendment Act 2014 introduced a number of changes to the Companies Act 1993.  One of these changes is that all New Zealand incorporated companies must have at least one director that either lives in New Zealand, or lives in an “enforcement country” and is also a director of a company incorporated in that [...]

October 19th, 2015|Categories: Legal Developments|Tags: , , |