Company Incorporations and Structures

Medicinal Cannabis in New Zealand – An Overview for Getting Started

Medicinal cannabis is a relatively new market and there are ways for you to get involved in the different elements of manufacturing medicinal cannabis products. The first thing that needs to be done is to apply for a Medicinal Cannabis Licence which is issued by the Medicinal Cannabis Agency. This is a lengthy process and requires the applicant to have given their project consideration in certain areas.
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Enactment of Partnership Law Act 2019

The Partnership Law Bill was introduced to Parliament in May 2019 as a revision bill, subject to the revision powers set out in s 31 of the Legislation Act 2012. Therefore the 2019 Act does not make any substantive policy changes. Nevertheless, re-enactment of the 111 years old Partnership Act 1908 in contemporary language, style and format is intended to make the law more accessible, clarify Parliament's intent, and reconcile inconsistencies within the old Act.
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Mainzeal: Reckless Trading

In Mainzeal1 the former directors were held liable for a breach of section 135 of the Act. Richard Yan, (who was the founder and main shareholder of Mainzeal's parent company, Richina Pacific) was ordered to pay compensation of $36M. Each of the other directors (Shipley, Tilby and Gomm) were held liable to contribute $6M each towards that $36M.
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If Technology is Your Business, Protect It

Many modern businesses consist primarily of technology in the form of intellectual property. Although they may own physical assets and employ staff (though they are more likely to be engaged as contractors) the real value in the business sits almost wholly in the intellectual property developed.
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