Chapman Tripp – Although the statutory obligation not to charge an unreasonable fee is specific to KiwiSaver schemes, the Guidance is directed at all fund managers to assist them to satisfy the FMA’s conduct expectations and its interpretation of their issuer obligations to act in members’ best interests and to ensure members are treated equitably. […]
Bell Gully – The Law Commission is currently reviewing class actions and litigation funding, and considering whether reform is needed in this fast-growing and mostly unregulated area of the law. The Law Commission sought submissions on an Issues Paper as part of its review (see our previous summary here). Given our role representing clients in many
In recent days, Westpac Banking Corporation (WBC) announced it is considering a demerger of its New Zealand business. On 24 March 2021, WBC issued the following media release: MinterEllisonRuddWatts- As part of Westpac’s fix, simplify and perform strategy we have been actively considering the businesses we operate in. Westpac has already placed a number of
Westpac demerger: What does that mean for NZ Inc.? Read More »
Russell McVeagh is welcoming back an impressive group of senior alumni who have returned to the firm over recent months, with many of these lawyers re-joining the firm following overseas experience working at top global law firms. In addition to Tax partner Greg Neill (far right) who joins the firm in April*, Louise Taylor (left, above) has joined as
It’s smaller firms leading the Twitter charge but Donald Trump may have put others off the platform’s advantages The smaller firms and one of the oldest in New Zealand are leading the Twitter charge while the bigger law firms lag in the rankings here. Among the Big Law contenders, Meredith Connell have 122 followers, Anderson
Powered by LawFuel – Buddle Findlay is delighted to have advised Infratil on its conditional transaction announced on 15 March 2021 to sell its shareholding in Tilt Renewables Limited (Tilt) for ~NZ$1.926 billion.[1] The proposed transaction will proceed by way of scheme of arrangement (Scheme), under which Powering Australian Renewables (PowAR) will effectively acquire Tilt’s Australian
Buddle Findlay Advise Infratril on $1.9 bn Tilt Renewables Sale Read More »
DLA Piper has advised Accel-KKR and its portfolio company, Seequent Holdings Limited on the sale of Seequent Holdings Limited to Bentley Systems, Incorporated (Nasdaq: BSY) for ~NZD 1.46 billion (USD 1.05 billion). Seequent, head-quartered in Christchurch, is a global leader in software for geological and geophysical modeling, geotechnical stability, and cloud services for geodata management, visibility,
DLA Piper advises Accel-KKR and Seequent on $USD1 Billion of Seequent Group Read More »
Russell McVeagh is delighted to announce that Tax expert and alumnus Greg Neill is returning to the firm as Russell McVeagh’s newest Tax partner, effective 1 April 2021*. >> See the latest legal jobs on LawFuel’s Law Jobs Network Based in the firm’s Auckland office, Greg returns to Russell McVeagh following six years as a partner of
Russell McVeagh is putting its best womens’ feet forward with International Women’s Day and having the firm’s newly appointed woman Chair, Allison Arthur-Young speak to the firm’s breakfast club, their network of junior women lawyers. It’s as if the crisis of three years ago never happened – or because of it that the event and
Russell McVeagh Takes a Lead On Women-in-Law With 3 Key Points For Junior Woman Lawyers Read More »
Powered by LawFuel – Buddle Findlay was recently lead counsel to Price Industries Limited, a Canadian company specialising in commercial HVAC, on its acquisition of an interest in the air management solutions business of Holyoake Industries Limited in New Zealand and Australia. Headquartered in Winnipeg, Price Industries is one of North America’s leading commercial HVAC
Buddle Findlay Advises Price Industries on First Foray To New Zealand and Australia Read More »
