For many business owners, there comes a point when salary increases alone are no longer enough to retain and motivate key employees. Perhaps you have a long-serving manager you’d like to keep engaged for the next phase of growth. Perhaps you’re thinking about succession planning. Or perhaps you simply want your best people to think …
Rewarding key employees: it is time to share in the success? Read More »
Holland Beckett is pleased to announce the promotion of Cory Lipinski, Lucy Vala-Blackmore, Shannon Eldridge, Anya Sherwan and Jemma Hollis to Associate. The promotions span the firm’s Environment and Planning, Corporate and Finance, Family Law and Litigation teams, recognising professional achievement, leadership, technical expertise and a commitment to delivering excellent outcomes for clients and communities …
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. What is a personal guarantee? Personal guarantees are common in several types of agreements, for example leases, supply/trade agreements, or …
Directors’ contractual liability: dual capacity, one signature but two roles? Read More »
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 acquire …
Port of Tauranga consortium acquisition of Marsden Maritime Holdings Read More »
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 …
Robotics Plus acquisition by Japan’s Yamaha Motor Company Read More »
Why directors should review their insurance cover Recent prosecutions under the Health & Safety at Work Act (HSWA) have highlighted limitations of standard insurance cover for corporate directors and officers, and the importance of understanding exactly what Directors and Officers (D&O) insurance does and does not cover. Specifically, where criminal prosecutions may result in extensive …
What your Directors and Officers insurance doesn’t cover Read More »
We were recently asked by PMG Funds (PMG) to share our expertise on limited partnerships (LPs) for commercial property investments. Limited partnerships are used in commercial property investment because they combine limited liability, tax transparency and professional management. As a fund manager, PMG aim to structure each of their funds to maximise benefits for investors. …
The value of limited partnerships in commercial property investment Read More »
Holland Beckett is pleased to have assisted Lightsource BP and Contact Energy on the development of the Kōwhai Park solar project and reaching financial close, including property, connection agreement and construction matters. Kōwhai Park Solar Farm is located on the Christchurch International Airport Limited campus and is the first phase of the airport’s renewable energy …
One of the major risks of being a director is the liability you face if the company fails. Thanks to a new decision from the High Court, this risk has just become a lot higher. When a company fails, directors often face a risk that they will be sued for having breached their director duties. …
Trade Better – What Mainzeal means for Directors Read More »
Introduction The new Financial Markets Conduct Act (“Act”) has changed the way in which disclosure in the financial markets sector is made, and to whom. Disclosure requirements were previously scattered throughout legislation and case law and it was often difficult to work out which investors required disclosure. This article provides a brief overview of the …
