In this issue we have points on what to do if you're affected by an earthquake, changes to the Credit Contracts and Consumer Finance Act 2003, OIO changes to streamline the investing and consenting processes and more. 

If you would like to talk about any of these topics, or any other legal issue, please Contact Us. 

What to do When the Earth has Moved

The recent Kaikoura earthquake was yet another reminder of the volatile and unpredictable nature of the land on which we all live. As we have seen, even earthquakes that don't cause widespread destruction and/ or loss of life can have a major impact on businesses and property owners. We provide some guidance on points to keep in mind if you own, or are a tenant in, a commercial building potentially affected by earthquake damage... Continue reading.

Greater Focus on Lender Responsibility for Consumer Credit 

Changes to the Credit Contracts and Consumer Finance Act 2003

The new Credit Contracts and Consumer Finance Amendment Act 22015 (CCCFA Amendment Act) which came through into full effect in mid-2016 has tightened rules and regulations for lenders that are affected by the Credit Contracts and Consumer Finance Act 2003 (CCCFA). There is a greater focus on lender responsibility and accountability such as firmer disclosure requirements and rules around cost recovery. We take a closer look at some key areas and what that could mean for you...Continue reading.

Business Briefs 

OIO changes to streamline the investing and consenting processes

The Overseas Investment Office recently announced five new class exemptions and some other changes to the way it goes about its business. It's a;so looking at a few other potential exemptions, all of which - with the right safeguards - should be welcomed...Continue reading.

Limited partnerships become popular 

A flexible and convenient option, limited partnerships are an increasingly popular business structure for venture capital and private equity firms looking to enter the New Zealand market... Continue reading.