Commercial Leasing Intensive
A must attend event for commercial leasing and property lawyers. Ensure you’re thoroughly across the latest leasing updates including the current state of play of commercial leases in a COVID-19 world. You will also receive an update on tax, the impact of the Overseas Investment Act, plus valuable tips to help you deal with leasing disputes. A practical programme with useful take-always that will enable you to easily apply the knowledge to everyday practice. WEB222NZA02
Description
Attend and earn 3 CPD hours
Chair: Stephen Rendall, Real Estate Advisory, Bayleys
2.00pm to 2.45pm Dealing with Commercial Leases in Covid-19 World
Many commercial lease arrangements in Aotearoa New Zealand will have been affected by the response to COVID-19. Join Brooke Courtney for an in-depth examination of the current state of play in light of recent and on-going changes.
Presented by Brooke Courtney, Partner, Sharp Tudhope Lawyers
2.50pm to 3.35pm OIO Changes and Updates
- Total lease term caught by Overseas Investment Act
- How consideration paid under a lease can trigger a consent requirement
- Farm land advertising requirements and leases
- Considerations for obtaining consent for a lease
Presented by Tessa Baker, Partner, Chapman Tripp
3.35pm to 3.45 PM Break
3.45pm to 4.30pm Tax Issues in Commercial Leasing
- Overview of the income tax and GST treatment of commercial leases
- Key tax issues for landlords and lessees to consider when negotiating commercial leases
- Key tax issues to consider when settling a commercial lease dispute
- A comparative look at the new tax rules for residential property, and why they could drive increased interest in commercial property
Presented by Simon Akozu, Partner – Tax, MinterEllisonRuddWatts
4.35pm to 5.20pm Commercial Lease Disputes
- Review of cases on arbitration for leases generally
- How does the new amendment to the Property Law Act affect lease arbitrations?
- Case law updates on lease abatement
- Leases to which sections 245G to 245I apply under COVID-19 Response (Management Measures) Legislation Bill/Act
- Places to find dispute resolution providers
Presented by Chris LaHatte, Barrister
Learning Objectives:
- Understand how commercial leases are operating in a COVID-19 world
- Receive an update on the impact of Overseas Investment Acton leasing
- Learn about the key tax issues currently affecting commercial leasing
- Examine changes and case law on arbitration and commercial lease disputes
Presenters
Stephen Rendall
Steve is the National Director of Office Leasing & Strategic Advisory for Bayleys Commercial. He has 18 years of global experience in real estate agency, legal practice and leadership. Steve leads Bayleys’ national office leasing business, and is responsible for the performance of the office leasing brokerage teams in Auckland as well as other major office leasing markets such as Wellington, Hamilton, Tauranga and Christchurch. Along with Lloyd Budd, he co-leads the Bayley Occupier Services and Corporate Agency team. Steve also manages Bayleys’ Strategic Advisory business line, which is responsible for originating, structuring and executing complex real estate transactions across all asset classes. Steve joined Bayleys from one of New Zealand’s leading law firms, Russell McVeagh, where he was a Partner in the Real Estate and Construction team. He has been involved in some of New Zealand’s most high-profile, complex transactions in recent years, including the $1bn+ acquisitions by PSP and CPP of the ex-APP property portfolio, and Goodman’s forward-leasing and development of the VXV office park in Central Auckland
Brooke Courtney
Brooke is an experienced Property lawyer and Partner at Sharp Tudhope Lawyers, the oldest law firm in Tauranga. Brooke has been working in property law since 2005 and acts for clients in all aspects of property law including commercial property sales, purchases, developments, subdivisions and, of course, leases. Brooke is passionate about commercial property and development, and was President of the Bay of Plenty branch of the Property Council for three years, leading advocacy and events on behalf of commercial property owners and developers in the Bay of Plenty region. Brooke aims to bring a practical approach to legal matters and to achieve the most commercially appropriate solutions for her clients.
Tessa Baker
Tessa specialises in commercial property law, advising businesses, individual investors and public clients on a range of property transactions. Experienced in substantial and complex commercial property transactions, Tessa advises on build and lease contracts for industrial and commercial projects, and residential and project developments. Tessa is also a national expert in New Zealand’s overseas investment regime and a member of Chapman Tripp’s China Desk, acting for some of China’s biggest developers on their New Zealand development projects.
Simon Akozu
Simon is a tax specialist with more than 10 years’ experience delivering effective commercial solutions to a wide range of New Zealand and international clients. Simon has a particular focus on M&A, financing transactions, managed funds, inbound and outbound investments, and corporate insolvencies. Simon also regularly helps clients engage with Inland Revenue, from assisting with everyday inquiries and small adjustments, through to advising clients in significant multi-year tax disputes with the Commissioner of Inland Revenue. Simon has a strong background in tax policy having started his career in the National Tax practice of a “Big 4” accounting firm. Simon regularly presents and writes on new developments in tax, including the recent BEPS initiatives and the Tax Working Group’s proposals.
Chris LaHatte
Chris initially qualified as a lawyer and then began studying dispute resolution. Chris enrolled in a Masters program at Massey University, and eventually graduated with a dissertation on Judicial Settlement Conferences. Chris joined AMINZ as an associate and was encouraged to study for fellowship. He received the Fellowship Mediation Prize in 2008. The following year he obtained fellowship in arbitration and has presented some papers over the years reflecting an interest in issues such as conflict-of-interest and bias. In 2011 Chris became the ombudsman at the Internet Corporation for Assigned Names and Numbers, (ICANN), which is the global body administering the domain name system.