In the latest Lane Neave Business Law Newsletter:
Have you ever been to Australia and wondered why Burger King is not Burger King? For those non-fast food eaters, Burger King (BK) is actually Hungry Jack’s in Australia. In the 1970s, Jack Cowin decided to introduce the franchise into Australia. Cowin was confronted with a terrible dilemma – the trade mark for Burger King was already registered, to a take away shop in Adelaide.
As of last year, it became an essential requirement of all New Zealand companies that at least one director must either live in New Zealand, or live in an enforcement country (presently only Australia), and also be a director of a company registered in that country. If a company does not meet this requirement, the Registrar of Companies (Registrar) will initiate de-registration of the company.
Business Law team
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