FYI:
Corporate Governance – Company Incorporation Changes - One Step Closer
26 Sep 2011
The Government is concerned that individuals and groups are using New Zealand companies to conduct criminal activity from overseas. This threatens New Zealand's international reputation. Changes to the New Zealand company registration process are one step closer, following the recent release (on 19 September) of a Cabinet paper...
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X-Tech:
ezine – Welcome to the April edition of our x-tech ezine
11 Apr 2011
- Force Majeure – What Happens When Disaster Strikes?
– Will New Zealand get with the Times?
– The Increasing Business Use of Facebook and its Potential Misuse by Competitors
– Mobile Messaging Services Code
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FYI:
Corporate Advisory – Securities Law Review - Significant Decisions Made
18 Mar 2011
The Government's financial sector reform programme took a further step forward on 17 March 2011, with the announcement of Cabinet's decisions on the review of New Zealand's securities laws...
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Feature Article:
Simplifying Trans-Tasman Investment
15 Mar 2011
The New Zealand and Australian Governments signed an Investment Protocol in February 2011. The protocol aims to cut the amount of red tape involved in investment between the two countries. This article provides background on the Investment Protocol, and briefly explains how it will work in practice...
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FYI:
Corporate Advisory – Financial Markets Authority - Another Step Closer
14 Mar 2011
The creation of the Financial Markets Authority (FMA) advanced another step on 1 March 2011, when the legislation governing the FMA was reported back from Select Committee...
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FYI:
Corporate Advisory – Simplifying Trans-Tasman Investment: Another Small Step
09 Mar 2011
The New Zealand and Australian Governments signed an Investment Protocol in February 2011. The protocol aims to cut the amount of red tape involved in investment between the two countries. This article provides background on the Investment Protocol, and briefly explains how it will work in practice...
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FYI:
Corporate Advisory – Continuous Disclosure - Further Developments
08 Mar 2011
Continuous disclosure requirements are in the spotlight in New Zealand and Australia. Last month we updated you on the New South Wales Court of Appeal overturning a decision involving the James Hardie Group...
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FYI:
Corporate Advisory – James Hardie Appeal - Australian Lesson for New Zealand Directors
18 Feb 2011
A recent decision of the New South Wales Court of Appeal overturned an earlier decision against directors of James Hardie. Comments made by the Court may be relevant to future New Zealand decisions on directors' duties, given the similarities between New Zealand and Australian legislation...
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FYI:
Overseas Investment – New Directives for Overseas Investment in New Zealand Farms
17 Dec 2010
The Government released draft regulations and a Ministerial directive letter in relation to overseas investment in New Zealand farms on 9 December 2010. The regulations and directive letter are expected to come into effect on 13 January 2011...
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X-Tech:
ezine – Welcome to the October edition of our x-tech ezine
11 Oct 2010
- Syndicated procurement and all of government contracts – what is the difference?
– Why is that fake staring at me?
– Is there copyright in that source code?
– Privacy Act changes and some practical implications
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FYI:
Overseas Investment – Changes to the New Zealand Overseas Investment Regime
06 Oct 2010
Changes to New Zealand’s overseas investment regime were announced on 27 September 2010 by the Minister of Finance the Hon Bill English. The changes stem from the Government’s recently completed review of New Zealand’s overseas investment laws, and are due to come into effect in December 2010...
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X-Tech:
ezine – Welcome to the August edition of our x-tech ezine
30 Aug 2010
- Estimations, Authority, Liability Caps and a Dog Called Lulu
– Contract Schedules – Where Lawyers and Technical Specialists Collide
– Managing Your Brand's Online Social Life
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FYI:
Corporate Advisory – Feltex case reinforces "reasonable reliance" defence
05 Aug 2010
Former directors of Feltex Carpets have successfully defended all charges brought against them by the Ministry of Economic Development. In finding the directors “not guilty” of offences under the Financial Reporting Act...
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FYI:
Financial Services – The New and Improved Financial Advisers' Regime - Answers to Key Questions
17 May 2010
The Government announced significant changes to the new financial advisers' regime at the end of April 2010. These changes address many concerns raised with the proposed regime. The regime is not now due to be fully implemented until 30 June 2011...
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FYI:
Financial Services
The Government announced significant changes to the new financial advisers' regime at the end of April 2010. These changes address many concerns raised with the proposed regime. The regime is not now due to be fully implemented until 30 June 2011.
This FYI highlights the potential impact of the changes for the financial services industry.
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X-Tech:
ezine – Welcome to the April edition of our x-tech ezine
12 Apr 2010
- An Indemnity? Sorry But We Can't
– The Anti-Counterfeiting Trade Agreement Hits New Zealand
– Rural Telecommunications Strategy
– Australia: No Copyright in Telephone Directories. What Does This Mean for New Zealand?
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X-Tech:
ezine – Welcome to the February edition of our x-tech ezine
08 Feb 2010
- Luxury Brands Attempt to Hit Back At Online Marketplaces
– Copyright Myths and Online Content
– "I Want Out!" – Terminating Supply Agreements
– My Loss Came Round a Corner – Does That Make It Indirect or Consequential?
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FYI:
Corporate Advisory – Taskforce Reports on Capital Markets
21 Dec 2009
On 16 December, the Capital Market Development Taskforce released its much awaited final report to the Government. The report follows 18 months of consultation with participants in the financial sector...
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FYI:
Corporate Advisory – New Securities Regulations - A Sea Change
28 Sep 2009
Disclosure requirements for securities offerings will undergo a sea change when new Securities Regulations come into force on 1 October 2009...
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FYI:
Corporate Advisory – Capital Raising Made Easier
13 Aug 2009
The Securities (Disclosure) Amendment Act 2009 is now in force. The Amendment Act reduces some of the regulatory barriers facing New Zealand businesses looking to raise capital...
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FYI:
Corporate Advisory – Progress Report from CMD Taskforce
12 Aug 2009
The Capital Market Development Taskforce has released a progress report to the Government. The report identifies perceived shortcomings in New Zealand's capital markets...
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FYI:
Corporate Advisory – Proposal to Limit Simplified Disclosure Regime and Securities Regulations Rewrite
27 Apr 2009
The Ministry of Economic Development is seeking submissions on proposals which, if implemented, will have a significant impact on public securities offerings in New Zealand...
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FYI:
Corporate Advisory – Corporate Governance: How Do You Measure Up?
31 Mar 2009
As part of the Commission's on-going financial reporting surveillance programme, it will select issuers and review corporate governance disclosures made by those issuers against its nine principles of corporate governance...
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FYI:
Corporate Advisory – New Zealand's Overseas Investment Regime Under Review: What's wrong with it and what are the alternatives?
25 Mar 2009
Finance Minister Bill English recently announced a review of the Overseas Investment Act 2005 and the Overseas Investment Regulations 2005...
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FYI:
Corporate Advisory – Increased Clarity as to Habitual Investors
04 Dec 2008
Last week Dan McEwan was convicted of offences under the Securities Act 1978. In delivering its judgment, the court clarified who qualifies as an "habitual investor" under the Act...
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FYI:
Corporate Advisory – Overseas Investment in Strategically Important Infrastructure: Any More Certainty?
05 Nov 2008
There remains a crying need for more certainty, and quickly, particularly given recent political statements that investing in infrastructure will be an important part of helping the New Zealand economy weather the current global economic downturn...
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FYI:
Corporate Advisory – New Minority Buy-Out Rules Pass into Law
12 Oct 2008
Changes aimed at better protecting minority shareholders who oppose corporate actions have been passed into law by Parliament...
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FYI:
Corporate Advisory – Financial adviser rules pass with strong bipartisan support
07 Oct 2008
New rules relating to the New Zealand finance industry have been passed by Parliament...
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FYI:
Corporate Advisory – Amalgamations and Schemes of Arrangement: The Panel Takes Charge
16 Sep 2008
The Takeovers Panel recently made recommendations to the Minister of Commerce for changes to the rules on amalgamations and schemes of arrangement for companies that fall under the Takeovers Code...
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FYI:
Corporate Advisory – NZX Guidance Note: Toughening the Rules for Backdoor and Reverse Listings
11 Sep 2008
Backdoor and reverse listing transactions have been used in New Zealand as a mechanism for listing entities on the New Zealand Stock Market efficiently and economically...
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FYI:
Corporate Advisory – Mutual Recognition of Trans-Tasman Securities Offerings
05 Aug 2008
The impact of the changes should enhance competition in trans-Tasman capital markets and increase the number of investment products available to trans-Tasman investors...
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X-Tech:
May 2008 – Never Interrupt Your Enemy When He Is Making A Mistake
01 May 2008
"Never interrupt your enemy when he is making a mistake." This famous quote from Napoleon Bonaparte certainly sounds like good advice...
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X-Tech:
May 2008 – Free Trade With China - Big News For Business, A Soft Nudge For Intellectual Property Rights
01 May 2008
On 7 April 2008, New Zealand became the first developed country in the world to enter into a free trade agreement with China, heralding the beginning of a new age for trade relations between the two nations...
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X-Tech:
May 2008 – Potential Provider Liability for Online Discrimination
01 May 2008
A recent case in a United States court has found that Roommates.com, LLC, an online forum allowing people to advertise and search for rooms to let...
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X-Tech:
May 2008 – The Copyright (New Technologies) Amendment Act : Dragging Copyright Into The 21st Century
01 May 2008
After a protracted three years of debate, the Copyright (New Technologies) Amendment Act was passed on Tuesday 8 April 2008...
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FYI:
Corporate Advisory – Heightened compliance and disclosure measures for the financial sector
28 Feb 2008
A number of significant changes are about to be made to the regime that regulates financial advisers in New Zealand...
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FYI:
Corporate Advisory – Raising the Bar: New Rules for Investment Advisers
26 Feb 2008
A number of important changes are about to be made to New Zealand's securities law...
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FYI:
Corporate Advisory – Schemes of Arrangement and Amalgamations - their place in our legal landscape
25 Feb 2008
Last week Simpson Grierson made submissions on the consultation paper issued by the Takeovers Panel Schemes Of Arrangement And Amalgamations Involving Code Companies, 5 December 2007...
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FYI:
Corporate Advisory – Substantial Security Holder Disclosure Gets an Overhaul
18 Feb 2008
On 29 February 2008 a number of important changes will be made to New Zealand's securities law when the Securities Markets Amendment Act 2006 comes into force...
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FYI:
Corporate Advisory – Clamping down on market manipulation
08 Feb 2008
A number of important changes are about to be made to New Zealand's securities law...
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FYI:
Corporate Advisory – New Zealand Government creates legal quicksand for overseas investors in strategic infrastructure
05 Feb 2008
According to Dr Cullen, the change was "made in response to the uncertainty and debate that have emerged surrounding the Canadian Pension Plan Investment Board's offer to shareholders in Auckland International Airport"...
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FYI:
Corporate Advisory – Insider Trading Laws: A Sea Change
31 Jan 2008
A number of important changes are about to be made to New Zealand securities law...
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FYI:
Corporate Advisory – Voluntary Administration
01 Sep 2007
Corporate insolvency in New Zealand will soon be radically affected by the introduction of a voluntary administration regime. The reforms will impact greatly on creditors, who will be unable to enforce debts against companies in administration,...
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