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. Summary In summary, 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. In this case, the directors of a company …

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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. In practice this means many more claims will come within the jurisdiction of the Disputes Tribunal. A further significant change is that the Real Estate …

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