Author name: hobec_managewp

Help – I’ve been asked to provide a guarantee

What is a guarantee and indemnity? When approaching a lender for finance, they may request a guarantee be provided as security alongside the loan documents. A guarantee is a separate promise to the lender stating if the borrower doesn’t meet their obligations under the loan, you as guarantor will fulfil them. Lenders require you to …

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National forestry standards are changing

The Government is seeking feedback on changes to how the National Environmental Standards for Plantation Forestry (NESPF) manage plantation and exotic carbon forests. Under the Emissions Trading Scheme (ETS) the forestry sector can earn (and then sell) carbon credits by planting exotic forests, which absorb carbon dioxide and contribute to meeting emissions reduction targets. This …

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Commercial Leases: Key differences between an Assignment of Lease and a Sublease

Similar to the trend seen overseas, working remotely has become a more common and standard practice, which has impacted the way some businesses now operate in New Zealand. Accordingly, when tenants under commercial leases are reviewing their leasing requirements they may decide that they no longer require the same area of premises. This may lead …

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The Dirt: the New National Policy Statement for Highly Productive Land

The National Policy Statement for Highly Productive Land (NPS-HPL) has come out strongly in favour of protecting productive land and looks set to hold the line on this except in limited circumstances. The NPS-HPL will sit alongside other national policy statements such as the National Policy Statement for Freshwater Management and the National Policy Statement …

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Continuity and change: what the Queen’s death means for New Zealand

Over eighty 80 per cent of New Zealanders were born during Elizabeth II’s reign. It has been 70 years since the last death of a reigning monarch. Even with the last change in monarch, out of living memory for most, New Zealand’s uncodified constitution sets out clear rules and precedents to govern today’s events. The …

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An employee focused approach in a recent case involving dress codes

The Employment Relations Authority has recently found that an employer unjustifiably dismissed an employee after they refused to cover their newly dyed blue hair. Background The Employment Relations Authority (ERA) has ordered an employer to pay their former employee nearly $10,000 after she was summarily dismissed without notice for divisive behaviour and refusal to comply …

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