News & Events

2011 Archive

Monday 23 May 2011

What a difference a day makes

Both parties to a contract often think they have a right to cancel the contract as a result of the other's breach. The Supreme Court's decision last week in Ingram v Patcroft Properties Ltd [2011] NZSC 49 demonstrates that who is right can have drastic consequences. Read on

Wednesday 17 August 2011

Directors' Liability for Mistakes in Financial Statements

To what extent are directors responsible for errors in a company's financial statements? A far-reaching decision by the Federal Court of Australia suggests that directors may be liable for mistakes in the accounts, even if both the company's management and auditors fail to pick up the errors. Read on

 

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