News & Resources
Civil Litigation & Dispute Resolution
Voidable transactions and contingent liabilities: the latest from the Supreme Court
The Supreme Court’s decision of David Browne Contractors Ltd v Petterson [2017] NZSC 116 was released this earlier week. The Supreme Court has held that “due debts” in the voidable transactions regime (s292 of the Companies Act 1993) includes both present and contingent debts.
Proposed Changes to Tribunals increase Dispute Tribunal Threshold
On 1 August 2017 the Tribunals Powers and Procedures Legislation Bill was introduced into Parliament and amongst other changes increases the jurisdiction of the Disputes Tribunal from $15,000 to $30,000.