Entitlement to interest under the standard NZBA Deed of PriorityThe High Court has recently clarified the meaning of the interest provisions in the New Zealand Bankers’ Association (NZBA) standard form Deed of Priority. The provisions are important because they provide for the extent to which each secured party is entitled to claim interest in priority to other secured creditors. The Environment Canty report - and next the tsunami surge?The Government has been cautious in its response, saying that it has not formed a view on the proposed changes and that – while it would be difficult to ignore the unanimous conclusion of the review panel – it will consult with key stakeholders before making any decisions. Chapman Tripp named as top tier firm once againChapman Tripp has been recognised as a pre-eminent New Zealand firm in the latest research by international legal publisher Chambers and Partners. |