The Second edition of “Start-ups Legal Toolkit” is now available

Parry Field Lawyers is pleased to release the second edition of our popular Start-up Legal Toolkit which is downloadable for free The book covers a range of topics including: structure options and how to set up a company; fundraising; …

Advertising your fundraising effort

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Your business is thriving and you need substantial additional capital to fund the next stage of your growth. You have read up on the Financial Markets Conduct Act 2013 (“FMCA”) (available here) and would prefer to raise funds through one of the Schedule 1 exemptions from product disclosure statement requirements (discussed here). Being proactive, you have already approached your close business associates, relatives, and employees while also taking full advantage of your statutory small offers limit, but it is still not enough.

Introduction to the New Zealand Emissions Trading Scheme

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The New Zealand Emissions Trading Scheme (the “NZ ETS”) was introduced as a tool to combat climate change in Aotearoa New Zealand. It was created under a 2008 amendment to the Climate Change Response Act 2002 (the “Act”) with the purpose to help Aotearoa New Zealand meet its international greenhouse gas emissions obligations under the United Nations Framework Convention, the Kyoto Protocol and the Paris Agreement, and to meet its 2050 targets and emissions budgets.

The new Incorporated Societies Act 2022 and your constitution: Requirements for general meetings

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Introduction The Incorporated Societies Act 2022 (the “new Act”) recently received Royal Assent, resulting in significant changes for the 24,000 incorporated societies in New Zealand. The new Act replaces the Incorporated Societies Act…

The new Incorporated Societies Act 2022 and your constitution: What has changed for governance?

Introduction The Incorporated Societies Act 2022 (the “new Act”) recently received Royal Assent, resulting in significant changes for the 24,000 incorporated societies in New Zealand. The new Act replaces the Incorporated Societies Act…

Duties and Liabilities Imposed On A Director of A New Zealand Company

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New  Zealand’s Companies Act 1993 and common law impose duties and liabilities on the directors of a company. Who is a director? Many of the following duties are not limited to those actually on the board of directors. A director can…

Could you be more specific? Working out your Trade Mark’s Specification

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To properly classify and protect your trade mark, IPONZ requires each trade mark to be registered within one or multiple goods or services specifications. You must also currently trade, or hold an honest intention to trade in each of the categories…

Trade Mark Protection: What is a Search and Preliminary Advice Report? Do I need one?

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The Intellectual Property Office of New Zealand (IPONZ) encourages first time applicants to make an initial application for a ‘search and preliminary advice report’ (S&PA) before making an application to register their trade mark. This…

No Offence! Ensuring your Trade Mark is not likely to offend Māori and other Community Groups

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The Trade Marks Act 2002 outlines that trade marks must be rejected if they are likely to offend a significant section of the community. The first part of this article discusses trade marks that are likely to offend a significant section of…

Parry Field Lawyers are pleased to announce the release of “Start-ups Legal Toolkit

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We just released our new free ebook "Start Ups Legal Toolkit 2018" with a super fun and interactive presentation at Ministry of Awesome's "Coffee & Jam" in Christchurch, New Zealand - had a busking theme with a bit of juggling thrown…

Parry Field Lawyers are pleased to announce the release of “Start-ups Legal Toolkit 2018.”

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We get many questions from start-ups, charities and social enterprises on what they need to consider when establishing themselves. This made us think – “why not put all our answers in one spot?!” After the initial buzz of coming up…

Residential Care Subsidies and Gifting – What you need to know

The Government abolished Gift Duty on the 1st October 2011.  When this news was first announced about a year prior to that date, many people thought they would simply wait and then make a large, perhaps final gift, to their Trust and so avoid…

Substantially the same as new what is the standard of repair required?

Where your policy provides that the insurer will repair your home to a condition “substantially the same as new” what does it mean? The case of East v Medical Assurance New Zealand Limited recently considered this question.   The…

Commercial Leases – Changes to the Standard Terms

The ADLS (Auckland District Law Society) Deed of Lease is the document most commonly utilised for commercial tenancies. An updated version (6th edition) has recently been released. The updated lease contains a number of key changes which,…

Trial Periods – The Importance of a Prior Signed Employment Agreement

From 1 April 2011 all employers are able to employ new employees on a trial period of up to 90 calendar days. This means that, subject to certain conditions, an employer can dismiss a new employee within that period without the employee being…