Valuing, Transacting and Contracting with Digital Assets

Digital assets offer great potential but come with complex legal challenges. Explore the legal frameworks of data sharing, storage and privacy aspects of blockchain and NFTs plus insights gained from Federal Court decisions Examine smart contracts including the issues with AI in automated legal agreements. Navigate key tax considerations relating to transacting with digital assets and the approaches and implications of valuing and valuations of these assets. Gain clarity on managing risks when dealing with technolgy and digital assets including insolvency, disputes and litigation risks.

Friday, 15 November 2024
Description

Attend and earn 4 CPD units including: 
2.5 units in Substantive Law 
1.5 units in Professional Skills

This program is applicable to practitioners from all States & Territories

Chair:

Amanda Comelli, Partner, Brown Wright Stein Lawyers; Accredited Specialist Business Law

9.55am to 10.45am Automating Legal Agreements and Data and AI Authenticity

 

  • Smart Contracts v Smart Legal Contracts
  • Smart legal contracts as property
  • Data collection: issues and key focus areas
  • Smart legal contracts and AI Agents  

Presented by Natasha Blycha, Managing Director, Stirling & Rose; Member, Law Council of Australia’s Digital Commerce and Financial Services Committees; Member, Decentralised Autonomous Organisation and Digital Assets Advisory Panels for the Law Commission of England and Wales; Co-author, Oxford Smart Legal Contracts; Financial Times’ Most Innovative Lawyer and Lawyers Weekly Thought Leader of the Year

10.45am to 10.50am Break
Professional Skills
11.45pm to 12.30pm Valuing Digital Assets in Legal Disputes

 

  • Approaches to valuing digital assets such as cryptocurrencies, NFTs and other blockchain-based assets
  • Legal considerations and methodologies for business valuations in the context of mergers, acquisitions and disputes
  • The impact of valuation on legal outcomes and dispute resolution involving digital assets
  • Examples of valuation reports and compliance with relevant standards and professional requirements 

Presented by Fiona Hansen, Senior Managing Director, Head of Valuations Advisory, FTI Consulting Australia

Professional Skills
12.30pm to 1.15pm Minimising the Risks of Technology in Practice: What Does This Exactly Mean?

 

  • Identifying and managing risks and aligning with your client's business strategy
  • Asset distribution, disputes and crypto custodian insolvency
  • The role of cybersecurity and data governance
  • Best practices for leveraging intangible assets to enhance business impact and enterprise value 

Presented by Joel Hanrahan, Managing Director, Global Marke, Mosaic Capital and Advisory

9.00am to 9.55am Legal Aspects of Blockchains and NFT: Transactions, Data Sharing, Storage and Privacy

 

  • Understanding the legal framework surrounding blockchain technology and its application in transactions and data sharing
  • Exploring privacy concerns
  • Data storage solutions for NFTs and blockchain transactions
  • Reviewing the latest Federal Court decisions in Australia and their impacts  

Presented by Dr. Adrian McCullagh, Principal, ODMOB Lawyers; Ph D in IT security; Research Fellow at the Law Futures Center at Griffith University; Member of the Standards Australia Technical Committee on Blockchain.

10.50am to 11.45am Key Tax Considerations in Transacting with these Assets

 

  • Tax implications of transacting with cryptocurrencies, NFTs, and other digital assets
  • The Australian Taxation Office’s (ATO) stance on digital assets and compliance requirements
  • Strategies for managing crypto tax for investors, businesses, and self-managed super funds (SMSFs)
  • Latest developments in crypto tax software and automation for professionals 

Presented by Maryna Kovalenko, Director, Kova Tax; Co-Founder, Crypto Tax

Presenters


Amanda Comelli, Partner, Brown Wright Stein Lawyers
Amanda is a Law Society of NSW Accredited Specialist in Business Law and currently sits on the Law Society's Specialist Accreditation Advisory Committee for Business Law. With more than 10 years' experience as a business lawyer, Amanda provides commercial and corporate law, tax law and estate planning advice to businesses and business owners. Amanda likes to keep her practice broad, to provide her clients with well-rounded and practical legal advice. Amanda has acted for a range of clients including both private and public companies, accountants, financial planners, retailers, business owners, manufacturers, individuals (including high net worth individuals) and not-for-profit organisations. She is also a founder of the Women in Tax Discussion Group, which is hosted monthly by Brown Wright Stein, as a forum for female tax professionals to meet and discuss recent key changes in tax law in a relaxed and supportive environment. Outside of work, Amanda enjoys travel, fitness, and spending time with her family.  She has also represented Australia in several international karate tournaments!


Dr. Adrian McCullagh, Principal, ODMOB Lawyersx
Adrian has degrees in Computer Science and Law as well as a Ph.D. in IT Security. He obtained his Ph.D. from the Information Security Research Centre at the Queensland University of Technology. He has been practicing in IT law for more than 30 years being one of the pioneer IT lawyers within Australia. He is a member of the Queensland Law Society and a member of the American Bar Association and participate in the Information Security Forum. In 1999 he was the QUT Faculty of Information Technology Alumnus of the year. He is a member of the Intellectual Property and Information Technology Committee for the Queensland Law Society. Adrian’s current research interests include Telecoms security, IT security, IT governance, cryptocurrencies, Blockchain and its uses in supply chain management, Decentralised Autonomous Organisations and Identity Management. He is also investigating the impact of autonomous vehicles and machine learning and their policy considerations.


Natasha Blycha, Managing Director, Stirling & Rose
Ms Natasha Blycha is the Managing Director of the law firm Stirling & Rose. She has previously led HSF’s global digital law group with team members in the US, UK, Europe, Africa, Australia and Asia. She specialises in smart legal contract advisory and creation and distributed ledger technology. Natasha advises on regulation and governance of digital assets, platforms and applications, digital ethics and human rights policies. Natasha is a Director and founder of the Digital Law Association and sits on the Australian Law Council’s Digital Commerce Committee – she is also CEO of the Smart legal contracting company Nooriam. She has lived and worked in the United States, Africa, Asia and the Middle East. She is a graduate of the Australian Institute of Company Directors and holds degrees in economics and law (Honours). Natasha successfully founded and launched a cycling infrastructure project in Western Australia.


Maryna Kovalenko, Director, Kova Tax
Maryna who is the Tax Co-Founder @ Kova Tax, is a Chartered Tax Adviser and the member of the Institute of Public Accountants with extensive experience in accounting, audit, and tax. Maryna has a passion for cryptocurrency and has specialised in crypto tax over the last four years. Maryna empowers Kova Tax to be Australia's tech-driven accounting firm, building a better digital world for investors, businesses, and SMSFs in the cryptocurrency sector. With her latest venture, Syla, Maryna is now solving crypto tax for investors and professionals through software and automation. She is inspiring more professionals to make the leap into the blockchain world.


Fiona Hansen, Senior Managing Director, Head of Valuations Advisory, FTI Consulting Australia
Fiona is a Senior Managing Director and leads FTI Consulting’s Valuation Advisory practice in Australia. She has over 28 years' experience in corporate finance and business valuations having held senior roles in the Big 4 accounting firms working in Australia, Europe and South Africa. Fiona specialises in valuations of businesses, intangible assets, equity and debt instruments, executive options, impairment testing and independent experts reports. She has prepared numerous valuation reports for a range of purposes, including mergers and acquisitions, accounting, taxation, stamp duty, Corporations Act and ASX requirements. Fiona’s valuation reports comply with the relevant standards or professional requirements. They are succinct, easy to read and give clients confidence in the final outcome. Fiona has also undertaken numerous corporate finance assignments involving mergers and acquisitions, divestments and financial due diligence.


Joel Hanrahan, Managing Director, Global Market, Mosaic Capital and Advisory
Joel is a Managing Director at Mosaic Capital and Advisory, a global intangible asset advisory, corporate finance and investment firm. Joel helps innovators, entrepreneurs, leaders of companies and capital providers convert intangible assets into business impact, which means increased margins, market share and enterprise value. Joel has significant global experience with market-leading firms including PwC, KPMG, Telstra, Ashurst and Computershare. He has led programmes of work across industries such as physical infrastructure, cybersecurity, data governance, renewable energy, financial services, investment banking, private equity and insurance.

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Valuing, Transacting and Contracting with Digital Assets

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Single Session
Friday, 15 November 2024
9.00am to 1.15pm Australia/Sydney
CPD Points 4
$505.00
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