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KHQ News

As reported in the Australian Financial Review, our Adelaide team is assisting WeBank with trade mark applications for “WeBank” and for a Chinese character representation of the words “microloan”.  WeBank is China’s first digital bank.

 

Our Commercial Property & Development team advised Beville Group on the sale of a landmark office building in St Kilda Road, Melbourne, for a record sum.  A summary of the deal was reported in Lawyers Weekly.

Our Corporate & Commercial team, led by Andrew Walker, recently advised South Pacific Laundry on the sale of its issued share capital to private equity firm, Anchorage Capital Partners, in a deal worth close to $300 million, as reported in Lawyers Weekly.

Gina Capasso comments for SmartCompany on the Bunnings sausage sizzle furore.

cryogenics

It’s an urban myth that Walt Disney was cryogenically frozen (he was cremated).  However, as technology progresses, and the possibility of cryogenic preservation becomes a reality, how does this affect your estate planning? Kimi Shah and Darrell Choong discuss the implications in a piece published in Legalwise News.

 

When are ICOs a good idea … and when aren’t they?  Darren Sommers comments in this piece for Dynamic Business.

KHQ Insights

Ultra Tune fined for breaching Franchising Code


Posted By on 21/02/19 at 10:35 AM

By Iain Irvine (Principal) and Jessica McNamara (Associate) Federal Court gives further direction on required content of annual marketing fund statements The Australian Competition and Consumer Commission’s recent investigations into the conduct of well known motor repairer, Ultra Tune, have resulted in the Federal Court ordering Ultra Tune to pay a penalty of $2,604,000 to … Read more

Password to $200m digital currency account lost on death


Posted By on 12/02/19 at 11:07 AM

The founder of a Canadian cyrptocurrency exchange suddenly died overseas. His death has left about CAD$190 million (approx. AUD$200 million) of digital currency and tokens inaccessible through the QuadrigaCX exchange, according to court documents filed by his widow. Digital currency (ie cryptocurrency) is managed by the use of “private keys”. If these keys become lost … Read more

Google fined €50m by French personal data regulator


Posted By on 7/02/19 at 4:01 PM

By Adrian Faelli (Lawyer) and Koula Politis (Senior Associate). On 21 January 2019, the French independent data protection agency, CNIL, fined US-based Google €50m (AUD $79.8m) for failing to provide users with transparent information concerning its data processing purposes, storage periods and ad personalisation. This marks the largest fine imposed under the EU’s General Data … Read more