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Navigating split dispute resolution clauses – where's Google Maps when you need it?
A recent Supreme Court of Victoria decision sounds a warning to principals and contractors alike – your dispute resolution clause must be clear and unambiguous, because the court will not go out of its way to cure a commercially peculiar, ...
Diagnostic methods remain patentable in Australia
In good news for biotech innovators, the Federal Court has confirmed diagnostic methods remain patent-eligible subject matter in Australia. The Federal Court's highly anticipated decision in Sequenom, Inc. v Ariosa Diagnostics, Inc. [2019] ...
Hydrogen – what you need to know
The COAG Energy Council Hydrogen Working Group continues its work on the National Hydrogen Strategy, with the release of its issues papers series. The nine papers are a fascinating look at the ...
Revised Banking Code of Practice, innovation at the ASX and other corporate law developments
ASIC continues its focus on strengthening corporate regulations; ASX embraces innovation and tech-based solutions; FIRB application fees have increased from 1 July 2019; delays to the release of th ...
Singapore Convention on Mediation: a step towards easier enforcement of international settlements
On 7 August 2019, the United Nations Convention on International Settlement Agreements resulting from Mediation (the Convention ) will be open for signature. It will come into force six months afte ...
What you need to know about the draft Equator Principles 4
Lenders (and project sponsors) should consider the potential impact of changes proposed in the consultation draft of Equator Principles 4. These entail greater focus on climate change, human rights and social risk, including new ...
Fake Indigenous art leads to $2.3 million penalty; ACCC allegations of misleading claims are dismissed against Kimberly-Clark's 'flushable' wipes; and Woolworths' Select eco range passes the 'biodegradable' muster.
Fake Indigenous art leads to $2.3 million penalty The Federal Court has imposed a $2.3 million penalty on Birubi Art Pty Ltd for engaging in misleading or deceptive conduct about products it sold, in breach of the Australian Consumer Law. ...
Would you like financial services with your social network? Facebook consortium to launch new cryptocurrency
In a bold new play, a consortium led by social media giant Facebook has announced plans to enter the financial services sector through the launch of a cryptocurrency called Libra. Both a currency and a blockchain backed payment system, the ...
The future for foreign financial services providers in Australia – the latest from ASIC
After much anticipation, the Australian Securities and Investments Commission has provided an update on its proposed changes to the licensing relief currently available to foreign financial service ...
Leadership change in Papua New Guinea
James Marape's ascension to the Prime Ministership of Papua New Guinea brings potential changes to regulation of the resources industry. We examine his new-look cabinet and some of the more recent ministerial comments regarding both ...