by AlexanderDorrington | Aug 31, 2023 | Blog, Business Law, General property Law
Landmark case for directors' duties Last week the Supreme Court released its long-awaited decision in Yan v Mainzeal Property and Construction Limited (in liquidation) (“Mainzeal”). It confirmed the lower court’s decision that the directors breached their duties...
by AlexanderDorrington | Feb 15, 2023 | Blog, Commercial property, General property Law, Leasing
If you own a leased property or you are a tenant, take a moment to consider if you are unreasonable! Do you prioritise the right things? This case might make you think… Request The courts were asked to make a declaration relating to a landlord withholding...
by AlexanderDorrington | Nov 7, 2022 | Blog, General property Law, Unit Titles
Vendor warranties – Promises worth keeping We all make promises at different points in our lives. Sometimes we break them. However, breaking vendor warranties – promises made when selling or purchasing property, can have far-reaching and damaging...
by AlexanderDorrington | Sep 23, 2021 | Blog, Building, Business Law, General property Law
The High Court has recently passed judgement in the case of Palmer v Hewett Building Limited & Anor [2021] NZHC 1460, and in doing so puts construction companies and builders alike around New Zealand on notice. Ms Palmer entered into a contract with Hewitt...
by AlexanderDorrington | Jul 11, 2021 | Blog, Building, General property Law, Sale and Purchase
In March 2021, the Government announced two law changes: Residential property investors are now prevented from writing off interest as an expense when paying tax; and The bright-line test was extended from five to ten years, so that investors who buy and sell...
by Marina Sardelic | Jul 7, 2021 | Blog, General property Law, Sale and Purchase
The IRD sees consistency as key The historical issue In the past, the IRD had concerns with vendors and purchasers taking differing tax positions on the values allocated to mixed assets in relation to sale and purchase transactions. Especially where Purchase Price...