Corporate & Finance

Directors’ Contractual Liability. Dual Capacity – one signature but two roles?

When a company director signs an agreement on behalf of a company they may also be required to sign a personal guarantee, this means they are accepting personal liability for the obligations of the company. Personal guarantees are common in several types of agreements, for example leases, supply/trade agreements, or loans. They provide additional security …

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Port of Tauranga and consortium partners acquisition of Marsden Maritime Holdings

Holland Beckett’s corporate and finance team is advising long-term client the Port of Tauranga and its consortium partners, Northland Regional Council and the Ngāpuhi Investment Fund Tupu Tonu, in relation to the acquisition and take private of listed port company, Marsden Maritime Holdings. Subject to a scheme of arrangement being successfully completed, the consortium will …

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Robotics Plus acquisition by Japan’s Yamaha Motor Company

Our corporate and finance team is proud to have advised local robotics company and long-time client Robotics Plus through its recent acquisition by Japan’s Yamaha Motor Company. Partner Ken Hawkes has worked with Robotics Plus founders Steven Saunders and Dr Alistair Scarfe for over 10 years through their journey of development and innovation, to this …

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What your Directors and Officers Insurance doesn’t cover

Recent high profile prosecutions under the Health & Safety at Work Act (HSWA) have highlighted limitations of standard insurance cover for corporate directors and officers. Specifically, where criminal prosecutions may result in extensive defence costs for targeted directors or officers.  Typical directors and officers (D&O) insurance will not cover defence costs where the prosecution is …

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The value of Limited Partnerships in commercial property investment

We were recently asked by PMG Funds (PMG) to share our expertise on limited partnerships (LPs) for commercial property investments. As a fund manager, PMG aim to structure each of their funds to maximise benefits for investors. Some of PMG’s wholesale funds are structured as LPs. The LP structure enables them to simplify how they …

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