The rise of the regulator, and the emergence of new litigation options, have the potential to increase litigation risk and cost for New Zealand businesses.
This publication provides a snapshot of the state of litigation and dispute resolution in New Zealand, exploring the key trends Chapman Tripp’s experts see gaining momentum over the coming 12 months.
The most business-relevant regulators have been given more and sharper teeth, resulting in increased scrutiny for market participants. The raft of recent legislative changes will require careful and thoughtful management and is likely to result in new approaches to in-house compliance regimes. We are also seeing the development of a local class action market and the entry of litigation funders into New Zealand – both of which will bring litigation within the reach of more people.