Bitcoin to be subject to registration and reporting regulations

[fa icon="calendar'] Dec 8, 2017 9:58:02 AM / by Tal Williams & Lucy Williams posted in Business Corporate & Commercial, Banking & Finance, Technology Law

The cryptocurrency revolution is well under way. The new form of currency has begun to revolutionise financial transactions in ways that society is still starting to grasp. While still being a volatile currency, its value rose from US$1,000 at the beginning of the year to nearly US$16,000 per coin as of December 2017. More and more people are getting on board with this new cryptocurrency and, as recently as November 2017, several Australian home owners have even begun accepting Bitcoin payment for their property. There appears to be no limits to the use and growth of cryptocurrency. But cryptocurrencies still remain outside the scope of the regulated financial system. That is, until now – sort of.

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Personal liability for insolvent trading: Company directors find berth in safe harbor

[fa icon="calendar'] Dec 6, 2017 4:03:32 PM / by Shane Roberts and Sam Marsh posted in Business Corporate & Commercial, Commercial Recovery & Insolvency, Franchising & Retail, Banking & Finance

This article was first published in the November 2017 issue of Governance Directions, the official journal of Governance Institute.

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Site blocking under the Copyright Act 1968: silver bullet or pop gun?

[fa icon="calendar'] Nov 29, 2017 3:13:03 PM / by Tal Williams posted in Business Corporate & Commercial, Intellectual Property Protection, Media & Communications

Tips for lawyers
  1. Be tech savvy; know what kind of block will be most effective.
  2. Cover all bases; the primary purpose test and the discretionary matters in subsection (5) mean you need evidence about the website, its owner and its functions.
  3. Investigate; no matter how hidden they are, you need to at least make reasonable efforts to determine the website operator’s identity and notify them of the proceedings.
  4. Co-operate with the ISPs; this is a no fault provision- therefore, the proceedings don’t have to be adversarial. The more issues that can be agreed, the easier the application will be.
  5. Think past the orders; have a mechanism in mind for expanding/modifying the initial orders to cover domain shifting etc.

Online copyright infringement has been a problem for content owners since the inception of the internet. The unauthorised downloading (and uploading) of copyright material is especially prevalent in Australia, where a 2015 survey estimated that Australians download movies, songs and television programs in the hundreds of millions each year.1 While content owners have been criticised by some for not making content available in Australia (or making it available at a comparatively inflated price), the unauthorised downloading of copyright material is a clear infringement of content owners’ rights.  

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‘Vulnerable Workers’ Changes to Fair Work Act - What Employers Need to Know!

[fa icon="calendar'] Sep 22, 2017 9:06:41 AM / by Corinne Attard posted in Business Corporate & Commercial, Franchising & Retail, Workplace Relations

On 15 September 2017 the Fair Work Amendment (Protecting Vulnerable Workers) Act 2017 took effect. It makes important changes to the Fair Work Act 2009. These changes potentially affect all businesses but in particular those in franchising or licensing or distribution.

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What Retirement Village Operators Need to Know About Australian Consumer Law & NSW Reforms

[fa icon="calendar'] Sep 14, 2017 3:23:59 PM / by Alison Choy Flannigan & Bill Lo posted in Business Corporate & Commercial, Health, Aged Care & Life Sciences, Property

Background

The Australian Competition and Consumer Commission (ACCC) has recently announced that it will launch an investigation of the “more serious matters being raised” in the Aveo retirement village scandal.

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Survival of the Fittest in Trade Marks Dispute

[fa icon="calendar'] Sep 8, 2017 8:51:35 AM / by Daniel Jepson posted in Business Corporate & Commercial, Franchising & Retail

We all know someone who is addicted to Crossfit. Not surprisingly, with its rise in popularity those behind Crossfit have taken steps to protect the brand. This includes the registration of ‘CROSSFIT’ as a trade mark all over the world. In Australia, the word ‘CROSSFIT’ has three separate registrations in a number of different classes.

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Holman Webb CFO selected as a finalist in the 2017 Executive of the Year awards

[fa icon="calendar'] Aug 18, 2017 12:56:25 PM / by Holman Webb posted in Business Corporate & Commercial, Commercial Recovery & Insolvency, Banking & Finance, Workplace Relations

Congratulations to our CFO, Magdalena Kosior-Molloy who has been selected as a finalist for the CFO of the Year award in the 2017 Executive of the Year awards. 

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Partner named in Who's Who Legal

[fa icon="calendar'] Aug 17, 2017 3:07:55 PM / by Holman Webb posted in Business Corporate & Commercial, Franchising & Retail

Congratulations to Partner, Corinne Attard, who has once again been selected by Who’s Who Legal: Franchising as one of the pre-eminent leading franchise lawyers in Australia.   

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Holman Webb Announces 10 Promotions Across Eastern Sea-Board Offices

[fa icon="calendar'] Jul 3, 2017 4:17:49 PM / by John Wakefield posted in Business Corporate & Commercial, Commercial Recovery & Insolvency, Insurance, Dispute Resolution and Litigation, Property

Holman Webb is delighted to announce 10 internal promotions across our Eastern Sea-Board offices, effective 1 July 2017.   These promotions span our commercial recovery and insolvency, corporate and commercial,  dispute resolution, insurance, property, and workplace relations practices.

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Compliance Alert: Award Rates Increase by 3.3% from July

[fa icon="calendar'] Jun 7, 2017 8:43:32 AM / by Jenni Mandel posted in Business Corporate & Commercial, Workplace Relations

Earlier this week the Fair Work Commission handed down its annual wage review decision increasing the minimum wage for award-reliant employees by 3.3%.

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