Insolvency Law and Practice is a logical and analytical guide to New Zealand’s personal and corporate insolvency law.

Major changes to New Zealand insolvency legislation – both personal and corporate – came into force in 2007. Insolvency Law and Practice was extensively revised and rewritten to take account of these changes. The product continues to be revised, with new commentary added as the law evolves.  For example, in the corporate insolvency sphere, a new chapter on the licensing regime for insolvency practitioners introduced in 2020, new and revised commentary on temporary COVID-19 Companies Act 1993 amendments (including the Business Debt Hibernation scheme) and on-going development of the law relating to directors duties in situations of insolvency by the courts, make Insolvency Law and Practice an important resource for anyone who needs an up-to-date expert guide to this important area of law.

Insolvency Law and Practice provides clear and logical analysis of both personal and corporate insolvency law. Its practical approach means it provides workable information along with expert commentary.

Lawyers and accountants working in the field of company law, insolvency specialists, and financial and corporate advisers will find the product particularly valuable.

The commentary and analysis on personal insolvency law makes this an important resource for anyone providing professional advice to individuals on financial matters.

The two-person author team brings many years of experience of providing advice and analysis on insolvency and other corporate law.

Personal Insolvency

• Introduction to the Insolvency Act 2006
• Insolvency Act 2006 legislation and commentary
• Related Personal Insolvency Legislation
• Insolvency (Personal Insolvency) Regulations 2007 (including forms)
• Insolvency (Maximum Priority Amount) Order 2018
• Repealed Personal Insolvency Legislation: Insolvency Act 1967 - legislation, introduction and commentary
• Relevant High Court Rules (including forms) - introduction and commentary

Corporate Insolvency

• Receiverships: Introduction to the Receiverships Act 1993, Receiverships Act 1993 - legislation and commentary
• Compromises with Creditors and Voluntary Administration: Introduction to Voluntary Administration, Companies Act 1993 pts 14, 15 and 15A and relevant schedules (including COVID-19 temporary measures schedules) - legislation and commentary 
• Liquidation and Removal from the New Zealand Register: Introduction to Liquidations, Companies Act 1993 pts 16, 17 and relevant schedules ((including COVID-19 temporary measures schedules) with commentary

Insolvency Practitioners Regulation

• Introduction to Insolvency Practitioners Regulation Act 2019
• Insolvency Practitioners Regulation Act 2019 legislation and commentary
• Related Insolvency Practitioners Regulation Legislation
• Companies (Reporting by Insolvency Practitioners) Regulation 2020
• Insolvency Practitioners Regulations 2020
• Insolvency Practitioners Regulation Act (Prescribed Minimum Standards, Conditions, and Requirements for Ongoing Competence, for Licensed Insolvency Practitioners) Notice 2020
• Insolvency Practitioners Regulation Act (Prescribed Minimum Standards for Accreditation) Notice 2020

Cross Border Insolvency

• Introduction to Insolvency (Cross-border) Act 2006
• Insolvency (Cross-border) Act 2006 legislation and commentary

Statutory Management

• Introduction to the Corporations (Investigation and Management) Act 1989
• Comparative Table of Statutory Management Provisions
• Corporations (Investigation and Management) Act 1989 legislation and commentary
• Introduction to the Reserve Bank of New Zealand Act 1989
• Comparative Table of Statutory Management Provisions
• Reserve Bank of New Zealand Act 1989 legislation and commentary
• Practical issues in Statutory Management

Related Corporate Insolvency Legislation

• Companies Act 1955 Liquidation Regulations 1994
• Companies Act 1993 Liquidation Regulations 1994
• Companies (Maximum Priority Amount) Order 2018
• Companies (Voluntary Administration) Regulations 2007
• Co-operative Companies Act 1996
• Anti-Money Laundering and Countering Financing of Terrorism Act 2009
• Financial Transactions Reporting Act 1996

Useful Contacts

• List of useful contacts

Tables of Statutes and Regulations and Cases