Separation: How to get by in times of uncertainty

Relationships can be tested at the best of times. But having to co-exist in a “bubble” with potentially a great deal of stress and uncertainty, and limited options for time out, can place a huge pressure on many relationships. And with such a significant change in the economic climate, you may be wondering where you stand should you decide to end a relationship. The Property (Relationships) Act 1976 sets out how property is to be divided at the end of a relationship. It...

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

Snippets

General consequence when bankruptcy is declared It is always a difficult time when you find that you are earning 99c but regularly spending $1.00. If you cannot turn the position around, personal bankruptcy being declared against you looms as a real consequence. Filing for bankruptcy itself is the most serious alternative when you are in financial difficulties, and the whole situation is stressful, so sharing the problem with your lawyer in the first instance can help clarify the best way forward. The general...