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The Federal Court of Australia announced two further decisions that provide additional guidance to parties to a patent licence.
A new derivative reporting regime will commence in Australia in 2015.
ASIC cuts highlight the need for better financial planning self-regulation, according to Richard Batten from Minter Ellison.
Minter Ellison partner Richard Batten said there is a reluctance among licensees to apply for relief from ASIC in case it results in increased scrutiny from ASIC.