Written by Darryl King, PARTNER; David Alizade, PARTNER; Isabel Jenner, SENIOR ASSOCIATE; on July 28th, 2022.
Last month courts in both New Zealand and Australia imposed significant penalties on companies and individuals for breaching cartel laws. In imposing the sentences both courts referred to the need to deter possible offenders from engaging in cartel conduct. The large penalties – including jail in the Australia case - are a timely reminder for NZ businesses. This update discusses the cases and a brief recap on New Zealand cartel laws and their penalties.
Written by Darryl King, PARTNER on December 10th, 2018.
The Minister of Commerce and Consumer Affairs and the Minister for Small Business have today released a discussion paper about whether there is a need for increased protections for businesses and consumers against unfair commercial practices.
Written by Mark Sullivan, PARTNER on July 16th, 2018.
Do you know the principles the Courts apply when interpreting contracts? These principles were recently considered by the Court of Appeal in GTV Holdings Ltd v Harris  NZCA 95, a case involving the sale of a business. The same principles apply to other contracts but are often misunderstood and lead to conflict.
Written by Darryl King, PARTNER; David Alizade, PARTNER on August 16th, 2017.
The Contract and Commercial Law Act 2017 (CCLA) will come into force on 1 September 2017. The CCLA repeals a number or Acts relating to contract and commercial laws and replaces them in one consolidated Act.