Billionaire Clive Palmer is suing a Perth-based aircraft maintenance company for up to $2 million in damages, claiming a business jet he owns was unlawfully seized and dismantled after a contractual dispute.
IP lawyers welcome ‘patent box’ but say government should go further
ASIC gets $63M funding cut as registry shifts to ATO
The federal government has cut the budget for the Australian Securities and Investments Commission by $62.7 million in tandem with the regulator’s corporate registry being shifted to the ATO, but a legal expert told Lawyerly the cut could also signal a movement away from the “why not litigate” approach adopted in the wake of the banking royal commission.