Bell Gully: Latest News

Directors' Liability for Mistakes in Financial Statements

To what extent are directors responsible for errors in a company's financial statements? A far-reaching decision by the Federal Court of Australia suggests that directors may be liable for mistakes in the accounts, even if both the company's management and auditors fail to pick up the errors.

What a difference a day makes

Both parties to a contract often think they have a right to cancel the contract as a result of the other's breach. The Supreme Court's decision last week in Ingram v Patcroft Properties Ltd [2011] NZSC 49 demonstrates that who is right can have drastic consequences.

Bell Gully litigation head shares surveillance bill concerns on TVNZ's Sunday progamme

New laws to extend the search and surveillance powers of government agencies are coming under increasing public scrutiny.

Achieving a more efficient discovery process

Today 90% of all documents are generated electronically. The substantial escalation in the volume of electronic documents has added new unique challenges to an already expensive and time consuming discovery process – and if we don't directly address the issue the discovery process could become even more drawn out and costly.

Back to basics in statutory interpretation = significant setback for Commerce Commission

The Supreme Court has just dealt a blow to the Commerce Commission's efforts to pursue participants in (real and alleged) international cartels affecting New Zealand.

Criminalising cartel conduct: Bell Gully’s submission

Bell Gully has made a submission on proposals to criminalise cartel conduct in New Zealand.

New senior associates bring further depth to Bell Gully

Bell Gully's newest senior associates provide further depth of expertise across the firm's major practice areas.

Cartel criminalisation – where Australia stands we stand?

The Trade Practices Amendment (Cartel Conduct and Other Measures) Act 2009 came into effect in Australia in July last year, introducing criminal liability for cartel conduct (arrangements between competitors involving price fixing, bid rigging, market allocation, and output restrictions) in Australia.