Featured
Limited Partnerships and Control of Code Company Voting Rights
Guidance|Published Nov 18, 2019
IntroductionLimited partnerships (LPs) are increasingly common in New Zealand, including as investment vehicles that acquire or otherwise hold or control shares in Code companies.
This article...
Vector Limited - Exemption Notice 2019
Exemptions|Published Nov 6, 2019
Every person who becomes a trustee, or is a trustee, of Entrust is exempted from rule 6(1) of the Code in relation to any increase in that person’s voting control as a result of being appointed as a...
Read MorePanel Comments on New Zealand Oil & Gas Scheme Complaints - October 2019
About the Panel|Published Oct 29, 2019
The Takeovers Panel has recently received, and investigated, several complaints from various shareholders of New Zealand Oil & Gas Limited (NZO) in relation to the proposed acquisition of minority...
Read MoreDefensive Tactics
Guidance|Published Sep 9, 2019
This Guidance Note addresses:
the implications of the Code’s rules on defensive tactics for directors of target companies (or Code companies that could become target companies);
the grounds on which...
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November 2019 - Issue 50
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