A New Zealand Ponzi – the final outcome of McIntosh v Fisk
The second report of the NZ insolvency working group had deferred consideration of the application of the voidable transactions regime under the Companies Act and the prejudicial dispositions regime under the Property Law Act pending a decision of the NZ Supreme Court. That decision has now been given, on 26 May 2017, confirming the Court […]
External dispute resolution and complaints framework, and “debt managers”
Whether or how to regulate “debt management” firms comes up in the government’s decision to accept all 11 recommendations of the first comprehensive review of the EDR framework from an expert panel chaired by Professor Ian Ramsay. Debt management “services” can range from advice on the pre-insolvency unlawful hiding of assets, to “debt repair”, to advice on […]
