News and views | Aspiring Law

Raising capital for your business

Some options for offering shares. The COVID-19 pandemic has paved the way for innovation, and many New Zealanders spent 2020 investing time and money into their new or existing businesses.

Business & Commercial Financing
Hard Case - Director Duties: Know your responsibilities

A recent decision by the Supreme Court highlights the consequences of breaching directors duties, even if the director believes they are acting in the best interests of their creditors.

Business & Commercial Financing Business advisory
Debt recovery – what is the process?

The economic fallout from COVID-19 will have many businesses facing issues with unpaid debt.

Business & Commercial Financing
Feeling extended? What you need to know about the wage subsidy extension

With the change in alert levels, many businesses are now back fully operating, although we know there will be many still struggling with the ongoing effects

Business & Commercial Financing Business advisory
Wage subsidy warning: How to manage your lump sum payment

With more businesses returning to work as lockdown restrictions are eased, questions around the use of the 12-week wage subsidy are arising. One question we’d like to focus on here is around contractors who received the Wage Subsidy in a lump sum payment but who have since been able to return to work at Alert Level 3.

Business & Commercial Financing
A Person’s Word Is Their Bond . . . until There’s a Pandemic

With the spread of Covid-19 across multiple continents, a contemporary endemic disease has seen the world experience its most recent pandemic. As at 3.30pm on the 16th of April the total number of confirmed cases of Covid-19 in New Zealand was 1,401.

Business & Commercial Financing
Staying alive: Insolvency relief for businesses affected by Covid-19

There are a myriad of government measures to help support the business community while the rest of New Zealand concentrates on saving lives by observing the lockdown. The government’s objective is twofold. Firstly, to reduce the risk of businesses going under as well. Secondly, to maintain a healthy workforce so the business community can restart the economy once the restrictions are lifted.

Business & Commercial Financing
Time for a hand: Everything you need to know and do to get the Wage and Small Business Subsidy.

On March 17, the Government announced a wage subsidy to support businesses affected by the Covid-19 crisis, particularly those struggling to meet their obligations to their employees. Here’s what you need to know about the wage subsidy.

Business & Commercial Financing