Even before the shocks created by the recent collapse of Silicon Valley Bank and Credit Suisse, the New Zealand banking system was undergoing a transformation which will make the next 10 years dramatically different to the last 80, says Chapman Tripp in The banking industry: a look ahead.
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Chapman Tripp is pleased to announce the appointment of 21 new Senior Associates, across all practices and offices of the firm, and three Special Counsel, effective today.
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AUCKLAND CITY — Chapman Tripp is pleased to announce that construction law expert Brian Clayton joins the firm’s Auckland office today.
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Professor Rob Salmond’s claims (reported in the New Zealand Herald on Tuesday) that the rich are taxed less in New Zealand than in comparable countries because New Zealand has a comprehensive GST but no capital gains tax ignores some important facts, says Casey Plunket, a member of the 2010 Tax Working Group and a tax partner at Chapman Tripp.
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The Phase One reforms to the Resource Management Act (RMA) in the Government’s first term were substantial but Phase Two, scheduled for next year, promises to be bigger.
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CHRISTCHURCH — Chapman Tripp is pleased to announce the appointment of a new Partner, Garth Gallaway, in the firm’s Christchurch office, effective 12 December 2011.
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Chapman Tripp is pleased to announce five new partners in the firm’s Auckland and Wellington offices, effective 1 December.
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A lien is the right to hold on to goods, and in some cases sell them, in order to ensure payment.
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Chapman Tripp is pleased to congratulate five new senior solicitors from the firm’s Wellington and Christchurch corporate, litigation and resource management teams on their promotions, effective 1 September.
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Legislation to tighten company registration requirements to prevent shell companies being set up for criminal purposes in New Zealand will be introduced to the House next month.
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Material adverse change – or MAC – clauses are commonly used as a form of insurance in merger and acquisition arrangements or loan financing documents.
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The modernisation of derivatives regulation will be welcomed by everyone who has had to battle the vagaries and inadequacies of Part 3 of the Securities Markets Act 1988 and the series of Authorised Futures Notices that, in practicality, define the existing regime.
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A key objective of both the establishment of the Financial Markets Authority (FMA) and the general review of securities law is to persuade retail investors that they can have confidence in the regulatory framework and that misconduct will be punished.
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AUCKLAND CITY — Chapman Tripp is pleased to congratulate two new Principals* from the firm's Auckland property and litigation teams on their promotions, effective 1 May.
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