The Takeovers Panel has placed two new Guidance Notes on its website. The first New Guidance Note on Lock-Up Agreements incorporates much of the commentary in an earlier guidance note first published in March 2004. The Panel says it has added some new guidance on intra-bide lock-up agreements. The other... More about Takeovers Panel releases Guidance Notes.
Attorneys-General from New Zealand Australia Canada England Wales and Northern Ireland and the United States will meet in Auckland on 8 May 2013. The "Quintet of Attorneys-General" held its first meeting in 2009. New Zealand Attorney-General Christopher Finlayson QC says the goal of the group is to share relevant experience... More about Attorneys-General to gather in New Zealand.
Ernst & Young has released its biannual Capital Confidence Barometer and says it shows a clear rebound in corporate confidence around the countries and sectors surveyed. In New Zealand and Australia the outlook is said to be "considerably brighter" than the previous two Barometers in April and October 2012. Of... More about Survey finds clear rebound in coroporate confidence.
The Juries (Jury Service and Protection of Particulars of Jury List Information) Amendment Act 2012 has come into force making some important changes to the jury system. The legislation requires jurors' address information to be removed from the jury panel list. It may only be viewed by eligible people -... More about New law for access to juror information.
The American Lawyer's annual list of law firm and lawyer earnings shows 20 firms which it says had gross revenue over US$1 billion in 2012. This was up from 17 firms in 2011. The top firm in terms of gross revenue was DLA Piper with US$2.44 billion and also the... More about Twenty $1 billion law firms on American Lawyer list.
Justice Minister Judith Collins has announced a number of further changes to proposals to reform the Family Court system. Ms Collins says she has listened carefully to feedback on the Family Court Reform Bill during the select committee process. "I am very pleased Cabinet has agreed to incorporate some of... More about Minister announces changes to Family Court reform.
Courts Minister Chester Borrows has launched a pilot scheme aimed at placing some defendants at the centre of criminal court proceedings in order to better involve them in the process. The two-year pilot will be held at the North Shore District Court and will explore how defendants' level of understanding... More about Defendant involvement pilot scheme begins.
Economic Development Minister Steven Joyce has announced new rules on Government procurement to take effect from 1 October 2013. The new rules will apply to all Public Service departments the New Zealand Police and the Defence Force. Other state sector agencies and the broader Public Service will also be encouraged... More about New rules aim to streamline government procurement.
The Marriage (Definition of Marriage) Amendment Act has received the Royal Assent meaning it will come into force by 19 August 2013. Section 2 of the Act states that it will come into force on the earlier of a date appointed by Order in Council or the day that is... More about Marriage amendments in force by 19 August.
Revenue Minister Peter Dunne says the finance and expenditure select committee is considering repealing the transitional imputation penalty for company tax as part of the Taxation (Livestock Valuation Assets Expenditure and Remedial Matters) Bill. The penalty which applied as at 31 March 2013 is designed to stop deliberate over-imputing of... More about Repeal of transitional imputation penalty pondered.
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