Articles Related to Corporate Insolvency

Solvency – A Plague On Directors’ Minds
Solvency issues are top of mind for many Kiwi businesses in the face of the prolonged disruption caused by COVID-19, together with rising interest rates, inflation and supply chain issues.
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Mainzeal: Round 2 of 3
The Court of Appeal’s recent judgment in Yan v Mainzeal Property & Construction Limited (in Liquidation) [2021] NZCA 99provides further guidance about the circumstances in which directors in office during a period of balance sheet insolvency will be held liable for breach of directors’ duties under the Companies Act 1993.
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Covid-19 – Changes to Company & Insolvency Law to help Preserve Businesses
Today the Government announced urgent legislative changes to the Companies Act 1993 (“the Act”) to help companies face the unique challenges presented by COVID-19.
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