Recovery

Insolvency relief for business impacted by COVID-19

April 9, 2020
On 3 April 2020, Finance Minister Grant Roberston, and Consumer Affairs Minister Kris Faafoi, announced changes to legislation that will support businesses through the COVID-19 pandemic. For some businesses, the impact of COVID-19 will still lead to liquidation. However, with these changes, it is hoped that others may be able to weather the storm and still be able to continue to trade on the other side.

How new legislation will lift the quality of insolvency practitioners

October 9, 2019
Insolvency and restructuring are increasingly viewed as specialised services, with a need for maintaining a high level of ethics and standards. We believe the introduction of the Insolvency Practitioners Regulation Act 2019 will do just that by promoting integrity and honesty, ultimately raising the standards of insolvency practice. Read more about the key changes.