A recent High Court case emphasises the circumstances in which the court will void a contracting out agreement and highlights the importance of ensuring such agreements are regularly reviewed.
Just like a pre-nup, a well drafted Shareholders’ Agreement can cover what happens, not only when there is a “divorce” between the shareholders, but in relation to disputes or when a shareholder wants to exit the company.
Over the last few years it has been tougher and tougher for young people to purchase their first home particularly in Auckland. Therefore, a lot of first home buyers are looking to parents for financial assistance.
Recent changes in the law have extended the jurisdiction of the District Court
so it can now hear claims of up to $350,000.00. Previously, any claims for over
$200,000.00 were dealt with in the High Court.
There has been significant publicity surrounding over 30 Auckland apartment developments where, despite having been sold to purchasers prior to construction, the development is now not proceeding.
Many kiwis will, during their lifetimes buy and sell property. Property
transactions are not simple; nor should they be. The importance and value
of a property transaction alone necessitates a degree of complexity and care.
Turner Hopkins is pleased to announce the appointment of Phil Shannon as its new Commercial and Property Partner. Phil joined the team at Turner Hopkins in mid-July.
P contamination is no longer something that just happens to other people in dodgy parts of town, It's something that all property purchasers now need to consider and take sensible precautions to protect themselves against.
Maritime ventures are inherently risky. As well as the unpredictability of the sea itself, maritime ventures are governed by a complex mix of New Zealand legislation, Admiralty Law, International Conventions, and Maritime Rules and Bylaws. Forrester Grant, Maritime Law Specialist at Turner Hopkins, knows how to navigate his way around these shifting legal shoals, and pragmatically helps mariners manage their business risk.
The Government has recently passed new legislation that from
1 October 2015 all persons selling or purchasing residential land are
required to complete a tax statement as part of the transaction.
“Joy, we cannot thank you enough for your help with our purchase! You have been wonderful to deal with and so proactive (and patient with my numerous emails). We will be visiting NZ in April so will make sure we drop in to thank you in person.”
~ Mia
“To Michael Robinson – I wanted to thank you and your colleagues for many years of excellent service to the Bank. You have an outstanding business that has proved to be one of the most reliable and ethical businesses that Collections have dealt with in the almost 9 years I was with the Bank.”
~ Head of Collections
“John is very easy to talk to, he never makes you feel dumb, and never makes you feel like you are wasting his time for asking questions. He explains everything very clearly, every time. John's support staff are also very efficient and so easy to deal with. No detail is missed when dealing with them. My husband and I are fans of them all :)”
~ Jess
“I can't speak highly enough of Jenny. She got everything done in a timely manner and when my ex-husband threw a spanner in the works at the eleventh hour she got the required documentation to his lawyers and settlement back on track.”
~ Tracey
