/Tag:Liquidation
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Steel & Tube Holdings Limited v Lewis Holdings Limited [2016] NZCA 366

On 1 August 2016, the Court of Appeal released its decision in Steel & Tube Holdings Limited v Lewis Holdings Limited [2016] NZCA 366. The case offers guidance on pooling orders under section 271(1)(a) of the Companies Act 1993, which states that when a company is in liquidation, a court may order a “related company” [...]

October 13th, 2016|Categories: Legal Developments|Tags: , , |

Insolvent Transactions

The case of Managh v Morrison (11/07/11) issues a warning to any company heading towards liquidation and which tries to assign greater benefits to creditors than what is due. In that case, a company assigned causes of action against a firm of solicitors and a real estate agent a year before its liquidation. The causes [...]

November 1st, 2011|Categories: Legal Developments|Tags: , |