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COVID-19: Property Transactions Under Alert Level 4

April 1st, 2020 Gibson Sheat

COVID-19: Property Transactions Under Alert Level 4

If you are in the process of buying or selling a property, we recommend you discuss matters with your lawyer. Although our physical offices are closed, Gibson Sheat remains open for business to provide its clients with the advice they need in these unprecedented times.

Topics: News, Property
 
COVID-19: Suspension costs – taking the pragmatic approach

April 1st, 2020 Finn Collins

COVID-19: Suspension costs – taking the pragmatic approach

I anticipate that the vast majority of contractors will not be throwing in the kitchen sink on delay costs and letting the contract become a battleground. Pragmatism needs to win the day because it is very likely that none of the current contracts adequately deal with all the financial implications of the current lockdown.

 
Covid-19 –Alert Level 4 - Can I stop paying rent or get out of my lease?

Covid-19 –Alert Level 4 - Can I stop paying rent or get out of my lease?

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.

 
COVID-19 Mortgage holiday

March 26th, 2020 Gibson Sheat

COVID-19 Mortgage holiday

Home-owners who have had their income disrupted by COVID-19 will be entitled to a 6-month mortgage payment holiday, but they should carefully consider whether a mortgage holiday is necessary because it will lead to a greater liability in the future.

 
COVID-19 Wage Subsidy

March 26th, 2020 Gibson Sheat

COVID-19 Wage Subsidy

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.

 
COVID-19 Residential rent freeze - more details emerge...

March 26th, 2020 Gibson Sheat

COVID-19 Residential rent freeze - more details emerge...

  • The rent freeze applies for an initial period of six months
  • If a landlord has already given a rent increase or termination notice that comes into effect on or after the Bill comes into force (26 March 2020), this notice is of no effect.
 
Frustration of contracts and COVID-19

March 26th, 2020 Brett Gould, Alex Morrissey

Frustration of contracts and COVID-19

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.

 
COVID-19 How your business can weather the storm

March 25th, 2020 Nigel Moody

COVID-19 How your business can weather the storm

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.

 
Government assistance for businesses affected by COVID-19

March 25th, 2020 Gibson Sheat

Government assistance for businesses affected by COVID-19

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.

 
Making your wishes certain in  uncertain times - COVID-19

March 25th, 2020 Bryce Williams

Making your wishes certain in uncertain times - COVID-19

A Power of Attorney, Enduring Powers of Attorney and a Will are always important documents to have in place, but at times like this they take on a renewed significance.
 
COVID 19  Suspension of contract works: Winter is coming

March 24th, 2020 Finn Collins

COVID 19 Suspension of contract works: Winter is coming

There's a longer term view than just dealing with the emergency knee-jerk reaction of the disruption to businesses
Topics: Construction, News
 
Rent freeze announced in response to COVID-19 pandemic

March 24th, 2020 Gibson Sheat

Rent freeze announced in response to COVID-19 pandemic

The Government has announced a rent freeze in response to the Covid-19 virus. The rent freeze only applies to residential properties ...
 
Gibson Sheat is here to support you during COVID-19

March 23rd, 2020 Gibson Sheat

Gibson Sheat is here to support you during COVID-19

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.

 
Gibson Sheat continues our support for Te Omanga Hospice Days of Care

January 6th, 2020 Gibson Sheat

Gibson Sheat continues our support for Te Omanga Hospice Days of Care

The Days of Care programme is a unique opportunity to support the amazing work of Te Omanga Hospice.
Topics: News
 
Bill Sheat honoured in 2019 Gold Awards

July 29th, 2019 Gibson Sheat

Bill Sheat honoured in 2019 Gold Awards

Former Gibson Sheat partner Bill was received a Wellington Icon Award at the 2019 Wellington Gold Awards on 25 July.
 
Topics: News