Juris Doctor (Hons) graduate Tatiana Hardy Stotz
Since the GFC there have been more than 17 Inquiries and Reviews into the AFS, with an emphasis on poor bank behaviour and bank culture. The volume of recommendations made by the various Inquiries and Reviews is astonishing when compared to those recommendations that have actually been implemented. Disappointment has been rife within the community because the change that was expected to follow the Inquiries and Reviews was not delivered. A wide range of voices across the community have called for government intervention, and the government has hit back with several measures announced as part of the 2017 Federal Budget.
A recent decision of the Canadian Supreme Court arising from an intellectual property dispute between 2 Canadian businesses raises some interesting issues about the power of domestic courts to make orders against search engines that have effect worldwide.
Investing in early stage start ups or ventures is inherently risky with a recent Stanford University Report finding that 92% of technology start ups failed within 3 years. How the risk of failure or under performance is shared by, or transferred between, promoters and investors is something that technology transfer lawyers spend a lot of time working on, both in the drafting and negotiation phases of a transaction. A recent decision of the NSW Supreme Court demonstrates what can go wrong.