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Financial Advisers - High Court Decision A recent High Court decision has a number of implications for the financial advisory industry. The case was brought by a retired Wellington public servant against his financial adviser, who had 20 years of experience. An update from Hesketh Henry's Stephen Layburn. [Read More...] Whilst the decision of the Australian Federal Court, earlier this week, in relation to proceedings brought against certain directors and the former CFO of the Centro Group is still very fresh, it is clear that there is potential for it to have a ripple effect for New Zealand directors. Hesketh Henry's Bryce Davey elaborates. [Read More...] Much of our attention in recent weeks has been on matters outside Parliament, as a result the first reading last month of a Bill containing a package of measures designed to improve regulation in a range of sectors has (almost) passed unnoticed. The package of reforms is contained in an omnibus Bill, the Regulatory Reform Bill 2010 which was announced in a fanfare in the week before Christmas by Minister for Regulatory Reform Rodney Hide. [Read more...] The New Zealand government may have been viewed by some as Santa heralding Christmas early when it announced in November 2010 that the 125 year old gift duty will be abolished effective 1 October 2011. But what does it mean for the small business owner? Does it really herald a better opportunity to shield family assets from potential business risks? Dinesh Menon explains [READ MORE...] Hesketh Henry is pleased to announce the promotion of Barret Blaylock to Senior Associate in the firm’s Commercial Property team. Managing Partner, Erich Bachmann says “Barret has developed quickly in his time at Hesketh Henry and it is pleasing to be able to promote and reward talent from inside the firm. “Barret has compelling attributes that continue to strengthen our Commercial Property team,” he says. Barret joined Hesketh Henry’s Commercial Property team in 2007 and specialises in all aspects of commercial property law.
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