Yesterday the FMA released a draft of an updated version of its Corporate Governance handbook and announced that it was seeking feedback on the handbook’s intent, content and presentation. The revised version updates the 2014 edition of the handbook and includes developments in corporate governance since then – including non-financial reporting, director and executive remuneration, […]
FMA consults again on Corporate Governance Read More »
A recent Supreme Court decision about a liquidator’s challenge of voidable transactions highlights an issue about the need to consider contingent liabilities when assessing the question of solvency. To some readers, this signals the problems faced by a dynamic business and the risk that decision-making will be brought into question by a liquidator and ultimately
Soft Dangerous Shores – the solvency test and contingent liabilities Read More »
It seems that issues relating to building products that are not what they are claimed to be have become a regular news item. This trend is a matter of concern to the Commerce Commission – and its latest Fair Trading Act case has resulted in a company director being fined $151,875 for misrepresenting imported (generic)
Christchurch Lightweight – Fair Trading Act breaches pierce corporate veil Read More »