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CBL Class Action Filed With Serious Allegations Against Directors
CBLClassAction – The Statement of Claim filed in the Wellington High Court by the CBL Class Action Committee against the former directors of failed insurance company CBL Corporation (CBL) includes serious allegations of misleading statements in IPO documents, breaches of continuous disclosure obligations and insider trading. The CBL Class Action is being led by major
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The High Flying Law Job . . How One Law Firm Took a Different Approach to Recruitment
Law firms have often tried something unique to attract new lawyers – particularly when they’re based in smaller centres – and now Ashburton’s Arrowsmith Law is doing something different again. The firm is offering to train a new lawyer to fly, providing an all expenses paid licencing deal with the Mid Canterbury Aero Club. >>
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Former Israeli Businesswomen & Lawyer Wins Fairway Scholarship For Gender Power Paper
Powered by LawFuel – The 2019 winner of the FairWay Resolution Anne Scragg Scholarship is Nurit Zubery. Born and raised in Israel, Nurit studied law at Tel-Aviv University and worked as a lawyer in the areas of litigation, commercial and employment law, prior to moving to NZ in 1999 where she has owned and managed
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Baker + McKenzie Act On Major Australia/NZ Paper Deal
Orora Ltd Sells Australasian Fiber Business Powered By LawFuel –Baker McKenzie has successfully acted for its client, Orora Limited (ASX: ORA), in entering into a binding agreement to sell its Australasian Fiber Business to a wholly owned subsidiary of Nippon Paper Industries Co., Limited (Nippon Paper) for an enterprise value of AUD 1.72 billion. Baker
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MinterEllisonRuddWatts Advise Japanese Forestry Group on First OIA Standing Consent
Hawkes Bay based and Japanese owned forestry and timber products company Pan Pac Forest Products Limited has received the first forestry standing consent under the Overseas Investment Act, with top law firm MinterEllisonRuddWatts advising throughout the process. Under the changes to the Overseas Investment Act introduced in 2018, a standing consent enables overseas persons like
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Bar Association Welcomes Decision on Meth Sentencing
Revamp of guidelines for meth sentencing welcomed The New Zealand Bar Association welcomes a Court of Appeal decision which gives detailed guidance on sentencing people convicted of offences related to the importation, manufacture and supply of methamphetamine. The court accepted submissions by both the New Zealand Bar Association and the New Zealand Law Society that
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te reo Maori for Legal Profession: Handbook for the Law
Kia Kākano Rua te Ture: A te reo Māori Handbook for the Law Celebrating the debut title by Alana Thomas and Corin Merrick for LexisNexis® “Kia Kākano Rua te Ture is destined to become the go-to reo and tikanga guide for those working in the law.” Forward by: The Honourable Justice Joe Williams, Ngāti Pūkenga,
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MinterEllisonRuddWatts Act on MMC deal to acquire Aegis from ASB
MinterEllisonRuddWatts–Investment administration specialist MMC is set to acquire ASB’s private wealth administration and custody business after signing a sale and purchase agreement with ASB yesterday. The acquisition of Aegis Limited and Custodial Services Limited will help expand MMC’s service offering in the financial services administration sector.Leading law firm MinterEllisonRuddWatts advised MMC (which is backed by
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Lane Neave advises Bond Supervisor in public retail bond issue
Lane Neave has advised Public Trust in relation to a public retail bond issue by Metlifecare Limited (Metlifecare). Metlifecare has now issued NZ$100 million of secured fixed rate bonds, exceeding its minimum target of NZ$75 million and accepting NZ$25 million of oversubscriptions. Chief Executive Officer, Glen Sowry, said the response indicated Metlifecare’s position as a trusted company
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