COVID-19: Lease Disputes
Want to know more about the government subsidised commercial lease arbitration scheme?
As the lockdown continues in New Zealand, we are seeing an increasing level of enquiries from parties to commercial leases who have been unable to resolve disputes arising under clause 27.5 of the Auckland District Law Society form of lease (ADLS Lease), or a similar ‘no-access in emergency’ clause in other commercial leases, and who are seeking independent dispute resolution services.
To best assist parties who find themselves in this type of dispute, NZDRC is offering reduced and fixed fee arbitration and mediation services. These services provide parties with access to a time and cost efficient process to resolve their dispute.
This special service is in addition to our existing offerings including arbitration, mediation, and expert determination for disputes arising under, out of, or in connection with, commercial leases.
For further information, please contact our Registry staff.
These Rules provide for a documents only arbitration procedure and are specifically designed to result in an Award being made which finally determines all substantive issues in dispute within 45 working days or earlier if the parties agree.
The fee which will apply to this service is fixed at $8,000.00 (including GST).
The mediation itself will take place by videoconference and will be limited to a half day (up to four hours).
The fee which will apply to this service is fixed at $5,000.00 (including GST).