An Introduction to Shareholders’ Agreement-Why are they important?

A shareholders' agreement (“Agreement”) records the arrangements between the shareholders and directors of a company regarding the ownership, government and management of the company. Companies are not required to implement an Agreement by law. However, implementing an Agreement is recommended as it is designed to address areas regarding governance and control of business activities, whether external or internal, which a company constitution or the Companies Act 1993 may not specifically address. For example, the Companies Act 1993 may not provide specific...

Alternative Dispute Resolution Series: Arbitration-How can it assist you?

Alternative Dispute Resolution (“ADR”) methods are an alternative option to going directly to court. Using ADR methods instead of pursuing the matter in court is commonly more cost effective for the parties involved, ADR may also take less time to resolve the dispute. ADR relieves the court of cases which they believe can be resolved without court assistance. This article is the second article in our ADR article series and will focus on arbitration. The arbitration process is governed by...

Changing Immigration Policies

New Zealand’s immigration landscape has been changing over the last year. New policies were implemented by the former National Government, and now the Labour-led Government (“Labour”) is set to implement its campaign policies in the coming months. The Former National Government Changes In April 2017, the National Government announced proposed changes to the Skilled Migrant Category (“SMC”) and the Essential Skill Work Visa (“ESWV”) for migrant visas. This was implemented on 28 August 2017. The SMC With a record number of migrants migrating to...