If a company owes a debt and hasn’t paid, creditors in New Zealand have a legal tool known as a statutory demand to help recover what’s owed. Under section 289 of the Companies Act 1993, a statutory demand is a formal written notice that requires the company to pay the debt, come to an arrangement, […]
Statutory Demands: What Creditors and Companies Need to Know Read More »
The New Zealand government recently announced a major overhaul to the Resource Management Act (RMA) 1991, a move expected to streamline environmental and development regulations. Two new Acts will replace the RMA, targeting environmental management and urban development separately. This article outlines the planned reforms and their implications for property developers, environmental stakeholders, and iwi
New Resource Management Reform: Key Takeaways for Clients Read More »
Buying a business in New Zealand can be both exciting and stressful. It marks the start of a new adventure, but usually involves some uncertainty and risk. START A NEW BUSINESS INSTEAD? An existing business should offer an established customer base and cashflow. However, you also inherit existing challenges and may need to make changes
Buying a business in New Zealand: key considerations Read More »
All Rights Reserved Blackwood Montagna
