New Zealand Law News

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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The Power Lawyers Who Could Rule: The 42 Lawyers Seeking A Seat in Parliament for the 2020 Election

Lawyers, unsurprisingly, dominate the list of those professions atop the list of candidates in the New Zealand 2020 election. And in the would-be power lawyers are those from both large and small law firms, unions, inhouse law and several who have law degrees but have never practised law. LawFuel has put together 42 of the

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Veteran Lawyer Joins Ngai Tahu Board

Ngai Tahu Holdings is excited to announce the appointment of two new directors to its board – Kristen Kohere-Soutar and Juliet Tainui-Hernandez Both highly experienced directors are joining the Ngāi Tahu Holdings Board for three-year terms. Kohere-Soutar was previously chair of Whai Rawa, the NgÄi Tahu savings scheme, until joining the board of global professional

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MinterEllisonRuddWatts Advise on Sale of MediaWorks

Leading law firm, MinterEllisonRuddWatts advised MediaWorks on its sale agreement to sell MediaWorks TV to Discovery Inc (Discovery), a global leader of ‘real-life’ entertainment.MediaWorks is New Zealand’s largest independent commercial broadcaster, with MediaWorks TV comprising free-to-air channels Three and Bravo, streaming service ThreeNow, and multi-platform news and current affairs service Newshub, as well as the

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DLA Piper Moves to Commercial Bay

 Global law firm DLA Piper is moving its Auckland office to new premises in the PwC Tower in Commercial Bay on 7 September 2020. DLA Piper’s New Zealand Country Managing Partner, Martin Wiseman, says “I’m incredibly excited to be shifting to this world-class, open-plan, technically sophisticated office environment. It tangibly reflects our desire for more

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How Will The Impending Insolvency Crisis Affect the Legal Profession?

The impending insolvency crisis in the wake of the COVID-19 pandemic raises key questions for company directors and lawyers – such as what choices directors should make in the ‘insolvency environment’. A seminar on the insolvency law landscape and its effect upon the legal profession is the subject of a forthcoming webinar coming in the

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