Introduction A recent Australian decision arising out of a trade sale process conducted in relation to MYOB in 2011 provides another timely reminder of the potential exposure for pre-contractual negotiations. Aspects of the decision also underline the scope provided by last year’s changes to the Fair Trading Act to provide certainty about exposures in respect […]
Exposure for pre-contractual negotiations Read More »
Introduction At the end of last week XRB published a short note announcing an amendment by the New Zealand Auditing and Assurance Standards Board (“NZAuASB”) on the standard to describe the responsibility of those charged with governance (i.e. directors) for the preparation of an entity’s financial statements. The amendment is described as having been issued
XRB: Directors responsibility for financial statements Read More »
NZX is reviewing its practice of seeking to identify whether information may be price sensitive prior to release and flagging this information to the market and applying short trading halts following the release of such announcements (“Administrative Trading Halts”). As a result, NZX has published a consultation paper and requesting comments on the alternative approaches
NZX Consultation: Trading Halts Read More »
On 2 June 2015, as required by the Dairy Industry Restructuring Act 2001 (“DIRA”) the Minister of Primary Industries requested a report from the Commerce Commission – providing the Minister with an independent view on the state of competition in the New Zealand dairy industry. In the event the Commission concludes that the state of
Report on the state of competition in the New Zealand Dairy Industry Read More »
Whilst we will all have a view about the political wrangling (and management) surrounding passage of the final stages of the Bill, the Health and Safety at Work Act was passed by Parliament at the end of last week. The catalyst for the changes embodied in the H & S Act were the reports after
New Health & Safety Regime – from April 2016 Read More »