John had been operating his business successfully for many years, but had recently experienced some cash flow problems. This was a flow on effect from his debtors suffering from the current economic climate. He had attempted to give them some leeway, but his own creditors were not as accommodating. One of his creditors began debt recovery processes against John in the District Court. Unfortunately for John, being unaware of the… Continue reading
If you have a dispute under $20,000 the Disputes Tribunal may provide a cheap method of resolving your dispute without going to court.
The maximum claim levels in the Disputes Tribunal are $15,000 and with the consent of both parties $20,000.
The only cost involved in making a claim in the Disputes Tribunal is a small filing fee of $30 to $100, depending on the amount of the claim… Continue reading
The purpose of the Construction Contracts Act is to provide a simple process for how and when payments are due for construction work. By following the simple processes outlined in the Act you will avoid timely and costly disputes and maintain crucial cashflow.
Construction work is wide ranging and covers most work that might be carried out in building, altering or maintaining a house. This includes most work carried… Continue reading
The court process of resolving disputes is currently undergoing substantive changes. New District Court rules have been drafted and are expected to come into force on 1 November 2009. The rules change the process of resolving disputes with the focus now being on settling disputes by alternative dispute resolution.
Parties will soon be obliged to undertake alternative dispute resolution methods to resolve their dispute, with the option… Continue reading