In the journals

Judicial review of directors' decisions another bad idea
Professor Watts expresses his concern over judicial commentary which might open the door to judicial review of decisions made by private organisations.

Resuscitating the Door to Door Sales Act
The author calls for an urgent review of the Door to Door Sales Act following the Supreme Court's decision in Telecom Mobile v Commerce Commission.

Regulating Business Format Franchising: Familiar Solutions for Novel Problems
There is no franchise-specific law to address issues arising from the growing number of franchised businesses operating in New Zealand. The authors assume that regulation of this business model is necessary and inevitable and review rules governing existing business structures to construct the principles on which a regulatory model for franchising could be based.

Executive Remuneration in New Zealand and Australia: Do Current Laws, Regulations and Guidelines ensure "Pay for Performance"?
This article reviews regulations and internal processes governing executive remuneration with particular reference to directors of listed companies and finds that New Zealand has some major deficiencies to address.

Trans-Tasman mutual recognition of securities offerings
This article identifies impediments to advancing mutual recognition of securities offerings in New Zealand and Australia due to the differing disclosure requirements in each country.

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For more information on any of the cases, articles and features in Commercial Quarterly, please email Diane Graham or call her on 64 9 916 8849.

Disclaimer

This publication is necessarily brief and general in nature. You should seek professional advice before taking any action in relation to the matters dealt with in this publication.