Catch up on all the news and information in this edition of The Law Lowdown
Inside this issue:
Download your copy here
Directors’ duties in New Zealand are not theoretical concepts. They are legal obligations that apply every day a company is operating. Whether you are a formal director, a de-facto director, or a person who is effectively calling the shots, the Companies Act 1993 makes it clear that you must act in a way that protects
Personal guarantees are a routine part of doing business in New Zealand. Banks require them for lending. Landlords often require them for commercial leases. Suppliers ask for them as part of credit applications. Franchise systems rely heavily on them. The problem is that most business owners sign these documents without fully understanding the legal exposure
This article addresses some frequently asked questions about restraint of trade provisions – a commonplace employment practice. It also flags an important pending change to the law. WHAT is a restraint of trade clause? A restraint of trade clause is a provision in an employment agreement that restricts an employee’s activities after their employment ends.
