The World’s First AI Rulebook: The EU AI Act and the Impact on Australia and New Zealand
The EU AI Act came into force on 1 August 2024. Setting out the world’s first comprehensive AI regulation, the EU AI Act takes a risk-based approach to regulating the entire AI lifecycle and establishes obligations for various operators in the AI value chain. This article provides a high level summary of the EU AI […]
Insolvent tenants? Landlords beware: When a Court will stop you from taking possession of your property
If a tenant appoints a voluntary administrator, the Corporations Act 2001 (Cth) (Corporations Act) protects the administrator from landlords who would otherwise be able to re-enter the premises. It is important to act decisively to recover possession of your premises before an administrator is appointed. A standard administration period lasts for 25 business days. Oftentimes, in […]
Kraken’ the DDO regime – Is margin trading caught?
The outcome of Australian Securities and Investments Commission v Bit Trade Pty Ltd [2024] FCA 953 (Kraken Case), for which judgment was handed down on 23 August 2024, was somewhat unenlightening so far as it related to the application of the design and distribution (DDO) regime to credit – which is to say, rather, that […]