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If a limited liability company is unprofitable and after a
Hi Chris, if a limited liability company is unprofitable and after a period of trading has minimal assets other than inventory but owes money to the IRD for PAYE and GST, due to poor management rather… read more
Chris The Lawyer
Chris The Lawyer
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The NZ company Act - what percentage does the majority
The NZ company Act - what percentage does the majority shareholder have to have? In order to buy the others out? cheers ***** ***** … read more
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I am an Aussie citizen with a NZ girlfriend. I have some
Hi I am an Aussie citizen with a NZ girlfriend. I have some smallish commercial assets in Australia which I am thinking I might control by a NZ company owned by me. … read more
Chris The Lawyer
Chris The Lawyer
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If a 50/50 shareholder self appoints themselves as a
if a 50/50 shareholder self appoints themselves as a director of a company without the permission of the original current sole director how do we get them removed ? … read more
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I share a property (owned by a private company) and have
Hi, I share a property (owned by a private company) and have drafted a shareholders agreement for the 3 shareholders (myself, my wife and her daughter). I would like and opinion on this draft before c… read more
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Chris The Lawyer
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I have a question regarding splitting assets under New
Hi - i have a question regarding splitting assets under New Zealand divorce law - are you able to assist? … read more
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Chris The Lawyer
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I have a question re my business. I'm going to open a
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Chris The Lawyer
Chris The Lawyer
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Thank you in advance for your kind help and advice with my
Hi, and thank you in advance for your kind help and advice with my inquiry below.I am an American working on a proposal for a NZ government funded research institute (RI) with a leading research organ… read more
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Chris The Lawyer
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I was a director of a startup company that launched approx
Hi there I was a director of a startup company that launched approx 3.5 years ago. My business and partner had difficulties working with one another so I was paid out the money I had invested in the b… read more
Chris The Lawyer
Chris The Lawyer
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My husband is contemplating bankruptcy. He is living and working
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Chris The Lawyer
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Is it legal for a Registered NZ charity to pay a NZ for-profit
Is it legal for a Registered NZ charity to pay a NZ for-profit company for a service, if that for-profit companies sole shareholder and director is on the board of directors of the Charity, keeping in… read more
Chris The Lawyer
Chris The Lawyer
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Hi Some questions on long term business visa please Father
Hi Some questions on long term business visa please Father has just had a LTBV application approved to set up a business, the business that he has started is boarder line, in regards XXXXX XXXXX Immig… read more
Chris The Lawyer
Chris The Lawyer
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i have a 50% share holding in a nz company i have been out
i have a 50% share holding in a nz company i have been out of the country since 2007 and resigned as a director of the company in 2007 i have received no dividends i have asked for updates over the ye… read more
Chris The Lawyer
Chris The Lawyer
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Hello, I am one of 3 directors of company A. One of the
Hello, I am one of 3 directors of company A. One of the directors has been building a competitive company while still a director of company A. It is believed the new company has been incubating for th… read more
Chris The Lawyer
Chris The Lawyer
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Master's Degree
29,834 satisfied customers
Hi,I would like to know what constitutes consent between
Hi, I would like to know what constitutes consent between Directors? If there has been a breach of fiduciary obligation what would the likely compensation be? Based on the background info below is the… read more
Chris The Lawyer
Chris The Lawyer
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Master's Degree
29,834 satisfied customers
Hello Chris Your help has been great so far so I have been
Hello Chris Your help has been great so far so I have been looking at a way to compensate you somewhat. I am setting up a company and require a standard shareholders agreement. Up to six shareholders … read more
Chris The Lawyer
Chris The Lawyer
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My one and only older brother is single, not a New Zealand
My one and only older brother is single, not a New Zealand citizen and lives overseas. Being the only family member, will I be be taxed on inheriting the family property overseas and whatever other as… read more
Chris The Lawyer
Chris The Lawyer
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29,834 satisfied customers
Hi Chris, I have been a resident of Canada for 1 years
Hi Chris, I have been a resident of Canada for 1 ½ years – have been a non-resident of NZ for about 11 years. I have had a student loan since 1998 –I have paid back approximately 11,000 NZD (principal… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
29,834 satisfied customers

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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