Do you understand your obligations and if rent will be payable during the lockdown? Many businesses are non-essential business and will not be able to access or operate from the commercial premises they lease during lockdown.
Regrettably, it is predicted that there will be a rise in domestic violence during the COVID-19 lockdown. This is an unintended consequence of families being kept home, stressed and potentially out of employment due to the COVID-19 pandemic. It is also an unintended consequence for people living in already abusive homes, as they are having to spend more time with their abuser - and thus be at a heightened risk of further abuse.
Following the Government’s announcement that New Zealand is moving to a nationwide lockdown for at least four weeks, naturally there has been some uncertainty for families as to what this means for shared care arrangements.
On Wednesday 25 March 2020, our COVID-19 status will rise to level 4. New Zealand will go into lockdown. Schools and non-essential businesses will close, causing serious financial hardship for many. While insurance policies vary, for most, it is unlikely business interruption insurance will cover those financial losses.
Following the government’s announcement yesterday, you may be wondering what you need to do with your staff. All non-essential businesses are required to close from 11:59pm on Wednesday 25 March 2020.
The Australian government has announced that it is putting in place temporary measures to prevent businesses and individuals temporarily facing financial distress as a result of COVID-19 from being forced into liquidation. Given New Zealand’s insolvency laws are closely aligned with Australia it is likely that in the coming days our Government will follow suit with a similar package.
In times of uncertainty it is important to have your personal affairs in order. From a legal standpoint this includes having a will, considering powers of attorney, property matters and how your estate or trusts are administered.
In this article we canvas COVID-19 issues with personal insurances; Travel, Health, Life and Income Protection Insurance.
Chief Justice Helen Winkelmann has announced new measures that would be brought in in response to the Government’s implementation of a four-level COVID-19 alert system and designation of the current situation as level two – reduce contact. The Chief Justice’s message was clear: the courts will continue to operate, though practices may need to change to limit social contact.
COVID-19 is already having an impact on the workplace with many employers having hard conversations about the many ways that this pandemic may affect their operations and, therefore, their employees. Many of the issues created by this public-health crisis are unprecedented, resulting in difficult questions being raised over how employers are expected to react.
The continuing spread of COVID-19 and government measures in response means an economic downturn with increasing business failures. What should business owners consider in these circumstances?
Construction projects around the world rely on both a healthy labour force and, increasingly, on materials and components that are produced in another country; particularly those produced in China.
COVID-19 has developed rapidly, slowing trade and disrupting the international supply chain.
The spread of COVID-19 and government measures in response is leading businesses to reconsider whether they should go ahead with some deals currently under negotiation.
When can your business or your counterparty back out of a deal under negotiation?
Whilst the impact of COVID-19 on M&A activity in New Zealand and around the globe is not yet known, there are certain steps that vendors and purchasers should consider.
The spread of COVID-19 and government measures in response are affecting supply chains and the ability of businesses to perform their contracts. What if your business or your supplier (or other counterparty) is prevented from carrying out its obligations?
It is important during times like these to remember the ‘business as usual’ aspects of life and litigation that, if ignored, can create bigger issues down the track.
We all expect employers to act in good faith and follow good human resources practices to avoid workplace issues or problems. But sometimes when issues such as a potential outbreak of a deadly virus occurs, what can employers do to protect their workers?