Shhh…this information is private and confidential: Sports Direct bought Game On 21 June 2019, video game giant Game Digital PLC (“Game“) announced that it had accepted a mandatory cash purchase offer for its business from Sports Direct International PLC (“Sports Direct“). Sports Direct have been a shareholder in the business since July 2017 and were...Read More
Cybercrime and financial fraud: the new reality As banking environments become ever more digital, financial fraud and cybercrime are on the rise. The cyber threat affects businesses of all sizes and has far-reaching consequences, causing untold damage and financial disputes. As cyber-attacks are clearly growing in scale and complexity, join us at this free breakfast...Read More
Rem Noormohamed appointed to Ofcom’s Advisory Committee for Wales Ofcom today announced the appointment of Rem Noormohamed to the Advisory Committee for Wales. Established by the Communications Act 2003, Ofcom’s national advisory committees provide advice to Ofcom on the interests and opinions of people living in the nations and regions of the UK on all...Read More
Stablecoins are on the rise. Their emergence is a logical progression in the development of crypto assets. They intend to provide the value backing, lower volatility and trustworthiness of fiat currencies with the ease of transfer and low transactional costs of cryptocurrencies.Read More
Game over for business practices in the online gaming industry? With the global growth of video gaming, the Competition and Markets Authority (CMA) has launched an investigation into industry giants Nintendo, Sony and Microsoft, amid concerns that some of their business practices are unfair for consumers. The CMA is seeking to understand whether certain business...Read More
Acuity Law announces its latest promotions Acuity Legal is marking the end of another successful year with a series of staff promotions. Jon Lawley and Aisha Wardell have both been made up to partners, while Ben Honour has been promoted to senior associate. Jon, who joined Acuity in 2008 and trained with the firm, works...Read More
Over the last 12 months various jurisdictions around the world have introduced regulatory clarifications around distributed ledger technology (DLT) and the various forms of cryptoassets and activities that use this versatile technology.Read More
Acuity Law advises Jurassic Fibre on a long-term funding deal Acuity Law has advised Jurassic Fibre Limited, a recently established alternative network provider, on a long-term funding deal. The funding will allow Jurassic Fibre to invest in developing a Fibre-to-the-Premise network in South West England, namely Devon, Dorset and Somerset. Jurassic Fibre will build and operate...Read More
Morrisons vicariously liable in damages to over 5000 employees for data breach Key Contact: Rem Noormohammed Author: Rebecca Mahon UPDATE: This case had its judgement overturned by the Supreme Court in April 2020. Read about it here. The supermarket Morrisons has lost its appeal against a judgment which ordered it to pay damages to 5518...Read More
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