UK Government vs Tech Titans: The Clash Over AI Regulations

Biztech’s Head of UK and Senior Managing Lawyer, Alison Berryman, has written a short article on Artificial Intelligence (AI) for the European Financial Review. In her piece, Alison examines the UK government’s blueprint for regulating AI and the concerns that surround the fast-growing technology. While AI is expected to have a profound impact on our […]

Convertible Notes: Understanding the Debt and Equity Hybrid

Authored by Anthony Bekker and Casper Xiao What are convertible notes?  Convertible notes are a hybrid of debt and equity. It involves an investor making a loan to a startup which converts to equity on a predetermined trigger event (generally, this is the raising of a qualifying round or an exit event). The conversion rate is […]

Goal Setting Tips from Lawyers to Kick Start 2023

As we ride into 2023 (perhaps by now we’re even remembering to date our documents correctly?!), it is the perfect time to reflect on the past and set goals and aspirations. In this article, Biztech Lawyers set out our top 5 goal tips for setting and sticking to your 2023 goals. 1. Keep your goals […]

Busy Start for Biztech with Openmarkets’ US$90m NASDAQ Deal

“Openmarkets has signed a deal with Nasdaq-listed blank check company Broad Capital Acquisition Corp at an estimated valuation of $US90 million to (if performance-related earnouts are added) $US110 million.” writes Street Talk journalists Anthony Macdonald, Sarah Thompson and Kanika Sood, an award-winning senior journalist covering technology and healthcare for the Australian Financial Review. Congratulations to […]

AU Airline Bonza Launches with Backing of Biztech Laywers

Biztech Lawyers has been actively working behind the scenes to help steer Bonza towards launch, clearing the way for its operational commencement. It has sold over 10,000 tickets in its first few days.  Australian start-up airline, Bonza, has obtained its Air Operators Certificate, clearing the way for the launch of the country’s first high-capacity airline […]

10 Tips and Tricks to Get Your House in Order

close up of christmas decoration hanging on tree

As the holiday season quickly approaches, it won’t be long before the turkey is roasting (in the Northern hemisphere), or prawns are being shelled (down South), and presents are being opened everywhere.  Now’s the time for many entrepreneurs to enjoy a slow down and take a breath. End-of-year deals are dusted, and you can look […]

Australian Privacy Act Changes: Data Breach Penalty Increase

white caution cone on keyboard

Privacy Act amendments have passed through Parliament, receiving Royal Assent today on 12 December 2022 in response to recent high-profile data breaches. The penalties for data breaches have become significantly higher, and go further even than GDPR penalties. Other changes include giving the Office of the Australian Information Commission (OAIC) extra enforcement powers, and extending […]

SOCI Law: 4 Ways to Protect Your Business with Cybersecurity

The threat of cyberattacks on businesses continues to grow, and government is cracking down on it. This means that companies need to take steps to ensure that their systems are secure, not only for their sakes, but also to satisfy corporate watch dogs.