Articles and News

Are employees still paid for public holidays if they are not working because of COVID-19? And if so, how much are they paid?

The wording of the lease will be critical to determining rights commercial tenants have to relief from paying rent and outgoings during the lock-down period.

Legal advice is crucial before taking action.

Employers can apply for a lump sum payment for their employees over 12 weeks if they have experienced a 30% actual or predicted decline in revenue due to COVID-19, over the period of a month when compared to a month last year.

Before bringing a contract to an end on the grounds of frustration we strongly recommend you to talk to one of our commercial lawyers to avoid being held liable for breach of contract.

In this article we’ve summarised the process that we as a business have been through and recommend other businesses follow to keep agile and weather the COVID-19 storm.

A $6.25 billion scheme is available for lending to small and medium-sized businesses with an annual turnover between $250,000 and $80 million per annum.

We’ve been giving a lot of thought to how Gibson Sheat might be able to help you with the challenges you might face in the coming period. Keep an eye out for our updates on this.

It is common to see a restraint of trade clause in an employment agreement or an agreement for the sale and purchase of a business. But what about independent contractor agreements?
Can an independent contractor be subject to a restraint of trade?

National Research Bureau recently recorded that 130,000 businesses will be for sale in the next 10 years. This means business owners need to give the matter of sale or succession due consideration. Some business owners will have a succession plan - other won't...

^{[Photo:CC BY-SA 3.0 Alpha Stock Images, original author: Nick Youngson, Original Image]}

Who are vulnerable employees? And what extra protection do they have under the Employment Relations Act 2000?

Time and time again, we are approached by disgruntled business owners and dissatisfied customers to help resolve disputes arising from deals made on the basis of informal arrangements...

Anti-money laundering has recently been in the spotlight in New Zealand with the Ministry of Justice estimating that almost NZ$1.35 billion from fraud and illegal drugs is laundered through ordinary New Zealand businesses each year.

Some businesses supply their product to shops on credit and are paid later; sometimes only once the product sells.

Pause for one moment and consider what will happen to your business if, tomorrow, you are no longer around, or lack mental capacity, to run it.
 

Would you rather invest your time and money in your business, or in costly legal disputes? 
It’s a no brainer right?