Law Graduate 2023 – Avid.legal (Wellington) What we’re looking for We’re looking for a recent/soon-to-be lawyer to join our Wellington-based team. We expect the position to start in February 2023 (but can be flexible around this). We’re looking for someone that is eager to learn, up for a challenge, and has good banter. The post We’re recruiting: Law Graduate 2023 – Avid.legal appeared first on Avid Legal ..read more

5 Year + Corporate/Commercial Lawyer (Wellington) What we’re looking for We’re looking for someone with 5+ years’ experience to join our team in Wellington. This role will provide you with an opportunity to work alongside some of the fastest growing technology and innovative businesses in the country. Our culture and values are very The post We’re recruiting: 5 Year + Corporate/Commercial Lawyer appeared first on Avid Legal ..read more

1x Corporate/Commercial Lawyer + 1x Finance/FinTech Lawyer  (Wellington or Auckland) What we’re looking for We’re looking for an extra lawyer or two to join our team, either in Wellington or Auckland. We’re more interested in adding great people to the Avid.legal mix than in exactly your type or years of experience, so don’t be The post We’re recruiting for 2 lawyers (corp/comm + fintech/finance) appeared first on Avid Legal ..read more

We have advised on over NZ$1 billion of NZ tech company M&A exits in the last 12 months, so we thought it would be interesting to share some trends. Buyers have money to spend: Buyers who have weathered the impacts of Covid on their business with strong balance sheets are making good use ..read more

We’re looking for a junior lawyer to join our team (1-3 years’ experience, with expressions of interest from more experienced lawyers also welcomed). About us Avid.legal is a boutique firm based in Wellington that has been busy since inception 5 years ago. Our key areas of work broadly fall into: technology law; venture ..read more

This post is aimed at helping businesses navigate two significant NZ privacy reforms that come into force on 1 December 2020: notifiable data breaches; and permitted international data transfers. Other key reforms not covered here (new criminal offences, binding access decisions and compliance notices) are summarised in this article from the Privacy Commissioner ..read more

On 14 May 2020 the NZ Wage Subsidy Scheme was expanded to help “high growth businesses” and some pre-revenue R&D businesses that were previously ineligible because either: their pre-Covid-19 year-on-year growth has been so good they couldn’t establish a 30% decline in revenue versus the same month 1 year ago (even though they ..read more

The Government has announced temporary relief for directors from the two insolvency-related directors’ duties in the NZ Companies Act to encourage COVID-19 impacted companies to continue trading and not prematurely liquidate. While legislation enacting this relief is not expected to be introduced until the end of April, the Government has provided extensive details ..read more

COVID-19 – Government Stimulus Package – Guidance and Comment Important update 31 March 2020. On Friday 27 March 2020 the government announced: significant changes to the Wage Subsidy, and that it has ended new applications under the Leave Payment Scheme. On Saturday 28 March 2020, the government published a further clarification to the ..read more

In this blog we dive deep into how the ‘Issue Price’ per share is calculated on a fully diluted basis in New Zealand capital raising transactions. The template AANZ Term Sheet for Equity Investments (found here) contains a short footnote explanation, and this blog is intended to enhancement that information with some illustrative ..read more