Restraint of trade: What to consider if you're purchasing a business

30-Jul-2019 07:00:00 Share this:

A party purchasing a business typically includes a restraint of trade provision in the contract. In consideration of the price, the purchaser requires comfort that the vendor cannot undermine the business by competing in such a way that compromises its value or goodwill. Penalties for breaching a restraint should also be considered at the time of contracting. The following case was recently before the High Court and demonstrates the issues at play. 

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Industry Update, Commercial, NAI Harcourts, Key Assets, business broking, harcourts new zealand

2019 - A mid-year progress report from ASB Bank

25-Jul-2019 13:02:55 Share this:

2019 is continuing the general themes of uncertainty that were with us in 2018. It's a case of some things better, some things worse, and some things just chugging along much as they were. 

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Industry Update, Commercial, NAI Harcourts, Key Assets, business broking, harcourts new zealand

Commercial market wrap-up in Key Assets portfolio

22-Jul-2019 06:49:57 Share this:

Today NAI Harcourts launches its second NAI Harcourts Key Assets commercial portfolio for 2019, which includes a selection of properties and businesses for sale and lease from around the country.

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Commercial, Key Assets, business broking, harcourts new zealand

Harcourts New Zealand welcomes new GM Business Sales, NAI Harcourts North Shore

01-Nov-2018 08:10:00 Share this:

Harcourts Group Limited are delighted to announce that Jayson Hayde has been appointed to the role of General Manager, Business Sales for NAI Harcourts North Shore.

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Commercial, business broking, harcourts new zealand