by norlinglaw | Jul 31, 2019
We often see people taking a pro forma approach to drafting the most important document in litigation. The document that is the roadmap for the entire proceeding. The document that dictates what other steps are necessary in the proceeding. The document that in large, dictates the process and as such, the cost of the proceeding. The document that contains the very orders you want, should you be successful. It’s a tragedy when people get it wrong. Good cases can be lost. Bad cases can be won. Early and careful strategic thinking can be the difference between a win and a loss. Here we discuss the most important document and some fundamentals of what should be included. If you wish to discuss litigation strategy, we offer a free 30 minute legal consultation where we can discuss options and strategy. You can book here:
by norlinglaw | Jul 31, 2019
Mainzeal was a large construction company in New Zealand. It was a large domino that caused many small dominos to fall in slow succession.
Mainzeal was traded recklessly by its directors. Ultimately, the creditors were owed $110m and are unlikely to receive any distribution of any significance.
The liquidators pursed the directors at the High Court and were successful.
In part.
Ultimately, the recovery is too low to have any real impact on the creditors who have suffered a loss.
Here, Damien Grant of Waterstone Insolvency and Brent Norling of Norling Law discuss the facts, the legal case and the outcome for creditors.
by norlinglaw | Jul 31, 2019
Mainzeal was a large construction company in New Zealand. It was a large domino that caused many small dominos to fall in slow succession.
Mainzeal was traded recklessly by its directors. Ultimately, the creditors were owed $110m and are unlikely to receive any distribution of any significance.
The liquidators pursed the directors at the High Court and were successful.
In part.
Ultimately, the recovery is too low to have any real impact on the creditors who have suffered a loss.
Here, Damien Grant of Waterstone Insolvency and Brent Norling of Norling Law discuss the facts, the legal case and the outcome for creditors. The full analysis is conducted here:
by norlinglaw | Jul 31, 2019
So how do you recover your legal costs from an opponent? Because lets be fair, no one wants to pay lawyers and when they do, they want to recover as much as possible. In this video we discuss the best strategies to position yourself to recover legal costs from a debtor or opponent. Strategies that we use frequently so that our clients are not out of pocket. We offer FREE 30 minute legal consutlations where we can discuss commercial disputes and strategies to resolve. Book here:
by norlinglaw | Jul 31, 2019
We often get asked under what circumstances can a liquidator recover legitimate payments of a creditors invoice. That is, when a creditor provides goods or services and then gets paid, then the liquidator seeks to claw back the payment of the invoice.
Here we answer:
- How liquidators can recover payments.
- What the liquidator would need to prove in order to be successful.
- The defenses to a claim.
- What you should do if the debtor company is offering to pay but you are concerned about future liquidator claims.
#norlinglaw If you would like to discuss a possibility of future claims or perhaps a current claim being made by a liquidator, book a free legal consultation here:
