Reasonable endeavours – Is it even a thing?

Yes it is. A recent UK case has examined the phrase ‘reasonable endeavours’ in relation to contractual obligations. It is common for contracts to require a party to use reasonable endeavours to achieve an outcome. When that desired outcome is achieved there is no issue. However, when the outcome is not achieved parties may allege…

Think twice before demanding

A recent judgment by Associate Judge Christiansen serves as a reminder that statutory demand on a “payment claim no payment schedule” basis should only be made where there is a clear debt due. In Lot 8 Investment Ltd v RPS Construction Ltd [2017] NZHC 1400, RPS Construction Limited had served a statutory demand on Lot 8 Investment…