New Zealand lawyers have been structuring the affairs of British migrants for many years. However, we suggest that the effect of the UK Finance Act 2006 on New Zealand trusts is still not fully appreciated by many practitioners. The major effect of the Finance Act is to impose on persons who are domiciled in the [...]
In the aftermath of the recent Canterbury earthquakes, questions have arisen over the liability of tenants to pay rent on premises that are damaged and/or inaccessible. Clauses 26 and 27 of the ADLS lease provides that if the premises or building under the lease is damaged or destroyed, as to make the premise untenantable, then [...]
In the recent case of Denaro Ltd v Onyx Bar & Café (Cambridge) Ltd (HC, 01/02/2011), the Court upheld that restitutionary damages could be awarded for a breach of contract. The case concerned a purchase of a café/bar which included a restraint of trade clause in the sale. The vendor, unbeknown to the purchaser, never intended [...]