New Zealand

Chapman Tripp Run COVID Test Case Over Business Interruption

Chapman Tripp are running a test case looking at business interruption insurance policies, similar to cases being heard overseas. A recent High Court case in London found cover could be provided for policies that had extra clauses involving public authority bans on entering premises. And in Australia the Insurance Council has indicated it would also […]

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Lawyer Accepts Over 70 Breaches of Rules Around Documents

Treadwell Gordon principal Kirsten Harper Order to pay over $20,000 Manawatu lawyer Kirsten Gaye Harper has been censured and ordered to pay $21,833 in costs by the New Zealand Lawyers and Conveyancers Disciplinary Tribunal. Mrs Harper accepted a charge of misconduct for more than 70 breaches of the rules surrounding the witnessing of documents, and

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Market for D&O insurance hardest in living memory

Directors in New Zealand and Australia are facing the most volatile and restrictive liability insurance market in living memory, according to a report released today by the Institute of Directors (IoD) with Marsh and MinterEllisonRuddWatts. And there are no signs of it improving anytime soon.  “Regionally, D&O claims payments have dwarfed the total insurance premium

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Freshfields Joins Slim Ranks of Big Law Firm Female Leaders As Gender Diversity Moves Slowly Grow

Dan Garner – Female law firm leadership ranks are growing – albeit slowly – but in the London law scene the first of the Magic Circle law firms to appont a woman to the top leadership role has been Freshfields Bruckhaus Deringer LLP who have appointed Georgia Dawson as Senior Partner. Dawson is currently Asia’s

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Russell McVeagh advises on Scentre Group’s inaugural US$3b subordinated hybrid notes issue

Russell McVeagh has acted as part of a multi-jurisdictional team to assist Scentre Group, owner and operator of Westfield in Australia and New Zealand, on its US$3.0 billion subordinated hybrid note issue in the United States market. Working alongside international law firms, K&L Gates advising on the Australian law aspects, and Allen & Overy, advising on the

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Anti-money Laundering Startup First AML Raises $8 Million

AUCKLAND, New Zealand, September 16, 2020 – Anti-money laundering tech startup First AML has raised NZ$8 million in a Series A funding round led by US-based Bedrock Capital, with support from Pushpay founder Chris Heaslip and Icehouse Ventures. First AML’s regulatory technology (regtech) platform streamlines AML anti-money laundering compliance for the likes of financial service providers, law firms,

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DLA Piper Advises Discovery on Acquisition of MediaWorks TV

Powered by LawFuel – 17 September 2020 – Global law firm DLA Piper has advised media giant Discovery Inc. on its agreement to purchase  MediaWorks’ TV business, comprising of: free-to-air channels, Three, Bravo, Three+1, Bravo+1, The Edge TV and The Breeze TV; streaming service ThreeNow; and multi-platform news and current affairs service Newshub. Discovery, Inc. is

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Labour’s Tax Increases – The Hypocritical Furore

Bob Jones What a hypocritical furore following the government’s announcement lifting the top tax rate from 33% to 39%. That means once over the threshold figure high income earners must now work all Monday and Tuesday before they’re left any money for themselves. Numerous journalists and diverse economic commentators cried this wasn’t punitive enough. Tax

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Insurance Lawyer Wins Big In Mental Health Claim

Warkworth insurance law specialist Tim Gunn has successfully battled the country’s largest insurer in a case that has demonstrated the obstacles faced by those suffering from mental illness when progressing claims with insurers. Tim Gunn works from his own specialist insurance law practice, having worked for and against insurance companies nationally, but works principally as

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