April 17, 2020 In Bramwell Bate News By Adam Harris

Insolvency Law Relief Driven by COVID-19

The Government has announced temporary changes to the Companies Act 1993 to assist businesses facing financial stress and insolvency during the COVID-19 pandemic. The temporary changes include: Providing the directors of companies facing significant liquidity problems due to COVID-19 a ‘safe harbour’ from insolvency duties under the Companies Act. Enabling businesses affected by COVID-19 to place existing debts into hibernation until they can start trading normally again. Allowing the use of electronic signatures where necessary due to restrictions caused by...

April 9, 2020 In Bramwell Bate News By Adam Harris

Impact of COVID-19 on Commercial leases

The COVID-19 Level 4 lockdown has presented us all with a very unusual set of circumstances and has seen us receive countless questions from both landlords and tenants in relation to their rights and obligations under their lease arrangements. Not surprisingly, the majority relate to rent abatement. The most common form of lease used is the Auckland District Law Society 6th Edition Deed of Lease (the “ADLS Lease”). This version underwent a major revision in 2012 after the Canterbury earthquakes when...

Bramwell Bate News
May 25, 2016 In Bramwell Bate News By Adam Harris

Employment Law Update

Recent changes to Employment Act not be too stressful. If you follow the news you’d think that being an employer has just become impossibly complicated but don’t let the media’s search for the sensational distract you. The recent changes to the Employment Relations Act are not so hard to understand, and those who have wound themselves up over the calculation of holiday pay may need a holiday themselves. Holidays first. When a person is on paid leave it seems obvious that they...