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Articles by Joe Windmeyer
Financial Markets Authority v CBL - accessory liability for directors and senior managers
The former CFO of the CBL Group has been found personally liable as an accessory in relation to breaches by CBL Corporation Limited (CBL) of continuous disclosure and fair dealing provisions of the Financial Markets Conduct Act 2013 (FMCA).[1] While it is the first time that the High Court has considered accessory liability in relation to the continuous disclosure and fair dealing provisions, its findings are consistent with the development of the law on accessory liability in other contexts...
Director revenue and independence: A critical look at NZX’s new approach
NZX (through its NZX Policy division) recently updated the NZX Listing Rules (Listing Rules) and Corporate Governance Code (Code) provisions dealing with director independence. We submitted against a number of the proposed changes in response to NZX's consultation on Director Independence, issued in May 2024 (see our summary of the submission here), and remain concerned with how they've been carried through.
Reforms proposed to modernise the Companies Act
The Minister of Commerce and Consumer Affairs, Hon Andrew Bayly, announced last week that the Government has recently agreed to progress a package of reforms modernising the Companies Act 1993 (Act) and other related corporate governance legislation. These reforms are intended to make New Zealand an easier and safer place to do business.
Investing in New Zealand- 2024
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2024 Investing in New Zealand 1. Introduction to New Zealand Page 7 3. Corporate Structures Page 19 5. Takeovers Regulation Page 25 7. Property Page 33 9. Resource Management Page 41 11. Financial Services and Funds Management Page 47 13. Competition Law Page 54 15. Employment Page 60 17. Restructuring and Insolvency Page 66 Introduction Page 3 About Russell McVeagh Page 4 New Zealand Key statistics Page 5 2. Overseas Investment Regime Page 10 4. Business Names, Trade Names and Trade Marks Page 23 6.
By Matthew Kersey, Alex MacDuff, Will Irving, Marika Eastwick-Field, Kirsten Massey, Nathaniel Walker, Emma Peterson, Joe Edwards, Liz Blythe, Troy Pilkington, Petra Carey, Bradley Aburn, Hannah Bain, Hannah Wilson, Dan Jones, Sarah McQueen, Guy Lethbridge, Deemple Budhia, Daniel Minhinnick, Simon Pilkinton, Allison Arthur-Young, Sarah Blackmore, David Raudkivi, Anna Crosbie, Natalie Steur, David Butler, Ed Crook, Fred Ward, Greg Neill, Ian Beaumont, Joe Windmeyer, Tom Gillespie Verified, Ben Paterson, David Hoare, Lance Jones, Tim Clarke, Steven Sutton, Cath Shirley-Brown
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Lexology
Verified
New Build to Rent Directive Letter could have wider implications
As foreshadowed, the coalition Government yesterday issued a new Ministerial Directive Letter on Build to Rent Housing Developments. The new Directive Letter is intended to provide immediate encouragement to Build to Rent developers ahead of formal changes to the Overseas Investment Act that are in train for later in the year and which will introduce a new streamlined OIO consent pathway for investments in existing large-scale housing developments.
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