What's hiding in the Terms of Trade? A Customer Perspective on GSAs
Friday, September 20, 2024
When entering relationships with new suppliers, it’s essential to carefully review the terms of trade, especially if they include a General Security Agreement (GSA). While a GSA can offer credit benefits, it also carries significant risks, potentially leading to receivership if payment issues arise. Understanding these terms is crucial to protecting your business.
Read moreBeyond Paper: the Power of Implied Agreements
Friday, April 26, 2024
In business, contracts are the backbone of agreements, ensuring clarity and accountability. But what happens when a contract isn't written down? The case of Kingsbeer Transport Ltd v Martin Brower New Zealand sheds light on this question, revealing important insights for business owners.
Read moreConstruction contract disputes
Thursday, March 21, 2024
This article provides a practical example of the complexities involved in construction-related legal matters, such as payment disputes, contract interpretation, and the importance of adhering to legal requirements in construction contracts.
Read moreWill woes and family drama: will drafting, executor responsibilities, and balancing family relationships
Wednesday, January 31, 2024
In the intricate landscape of estate planning and the execution of wills, the selection of legally appointed executors and trustees is critical. We explore an example case, which is a real eye-opener on the wild ride of wills, family dynamics, and the not-so-simple task of divvying up the goods.
Read moreIs your property adequately insured?
Thursday, December 7, 2023
This article discusses the importance of property owners in New Zealand reviewing their insurance coverage, especially in the aftermath of widespread damage caused by weather events in 2023. The focus of this article is on the often-overlooked aspects of insurance related to land and potential complications arising from natural hazards.
Read moreInsurance when buying a home
Tuesday, September 26, 2023
The significance of insurance in the context of purchasing a home cannot be overstated. It is not only a critical component but also a mandatory one when seeking financial assistance from lenders for a home purchase. Lenders need proof of adequate and appropriate insurance coverage before approving a loan drawdown.
Read moreDebt Recovery and Enforcement
Thursday, December 2, 2021
This article serves to inform the procedural and legal methods and issues related to debt recovery.
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