eConnect Newsletter - July 2023

July 1, 2023

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In this issue:

Are your assets secured against liquidation?

Know when a liquidator of a company can lay claim to assets held by other companies in your group.

Under section 271 of the Companies Act the courts have the ability to ‘pool' the assets of related companies when one or more is liquidated.\

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Building ESG compliance in the construction industry

Navigating change for industry and authorities.

The environmental, social and governance business framework known as ESG has been around for a long time, but how will it affect the construction industry and local authorities?

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Businesses need to consider if a land covenant is at risk of breaching of the Commerce Act

Restrictive land covenants and exclusivity clauses in leases.

The Commerce Commission is recommending to businesses that are considering lodging or giving effect to a land covenant to consider the potential impact on competition, and whether the covenant is at risk of breaching the Commerce Act.

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Can employees be stopped from taking on a second job?

Secondary employment clauses in employment agreements.

Employers should be cautious when including such provisions, and should consider certain elements before doing so.

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Lifting the curtain on online reviews

Respecting a fair playing field.

The Commerce Commission has issued advice to ensure transparency for consumers when it comes to online reviews.

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