Tower to acquire Youi NZ Insurance portfolio Powered By LawFuel -Insurance market disruptor, Youi NZ Pty Ltd’s has announced its insurance portfolio is to be acquired by Tower Insurance Limited, after signing a Portfolio Transfer Agreement.Under the agreement, Tower Insurance will acquire around 34,000 in-force policies from Youi NZ for a purchase … [Read more...]
Power Law Briefing: Minter Ellison – Deposit Not Paid – A Cautionary Tale
The Risks of Not Paying for a Property When Your Deposit is Not PaidMiles Dean - Whenever you buy a property, you need to pay the purchase price on settlement. That is relatively straightforward when you are a first home buyer with a cash deposit and bank finance. But what about when you are relying on funds from selling an existing property? It is fairly common to sell … [Read more...]
Power Law Briefing: Urban Development Statement: Focus on Major Urban Cities
Minter Ellison Rudd Watts: New National Policy Statement on Urban Development By Bianca Tree and Rachel Devine This year, housing demand has been central to a number of policy announcements including the creation of a new Housing and Urban Development Authority, a Construction Sector Accord, and the review of the Resource Management Act 1991 … [Read more...]
New protections for employees in triangular employment relationships
Chris BaldockThe Employment Relations (Triangular Employment) Amendment Bill passed into law last week, and will come into force in 12 months’ time (unless a date is appointed by Order in Council in the meantime).The Bill enables employees employed by one employer, but working under the control and direction of another business or organisation to join the other … [Read more...]
NZ Law News – MinterEllisonRuddWatts Promotes Lawyers to Senior Roles
Top New Zealand law firm, MinterEllisonRuddWatts has promoted six lawyers into senior positions, effective 1 January 2019 - further bolstering its prominence across a range of practice areas, including Corporate, Dispute Resolution, Construction as well as Real Estate and Property.The firm’s Chief Executive Andrew Poole says: "We are thrilled to see … [Read more...]