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Corporate law developments
Welcome to the first edition of Nucleus our monthly snapshot of regulatory updates and other developments in corporate law We know you are busy so our focus is on capturing key issues ...
The hack back: The legality of retaliatory hacking
In circumstances where government departments and law enforcement agencies are unable or unwilling to effectively respond to cybercrime, organisations are increasingly questioning whether or not they have or ought to have a a right to 'hack back' as an offensive retaliatory measure. ...
Where are all the data breach class actions in Australia?
Class actions arising out of data breaches have been common in the US for some time but in Australia were yet to see a plaintiff bring such an action successfully In some ways this is unsurprising Despite the fact that data breaches are now commonplace and that class action law firms are ...
Fighting to protect Fintech innovations
The growth of financial services technology or Fintech as it is now called has exploded in recent years yet many of its creators dont realise that their innovations are patentable ...
Sensible changes proposed to the Australian taxation of ESS interests
Sensible changes have been proposed to the taxation of employee share schemes in the new tax legislation before parliament. ...
Update strengthens legal avenues for online copyright rights holders
Telecommunications industry body the Communications Alliance has submitted an updated Copyright Notice Scheme to allow rights holders to better use existing legal avenues to defend their rights The updated Notice Scheme resolves a number of issues that were left open when the first draft of the ...
Major overhaul of Australia's foreign investment laws: what's new?
The new package of legislation overhauling Australias foreign investment laws the first major revision in 40 years commenced on 1 December 2015 While many features of the previous regime have been retained and sometimes re-named there are also a number of significant changes Partners Jeremy Low ...
Release of exposure draft of mandatory data breach notification laws
The Federal Government has taken the first step in fulfilling its promise to introduce a mandatory data breach notification scheme Under an exposure draft of the proposed legislation companies will be required to notify the Office of the Australian Information Commission and affected individuals of ...
Clarification on the meaning of 'personal information'
The AAT has overturned the Grubb determination of the Commonwealth Privacy Commissioner and found that mobile network data from an individual's phone activity does not constitute 'personal information' under the Privacy Act ...
Allens Accelerate: FAQs: Shareholders agreements
Together with your companys constitution a shareholders agreement provides the foundation for the corporate governance of your startup and outlines what a shareholder can and cant do It also sets out the shareholders rights and obligations and their role in the management of the company ...