Media & Technology

Fladgate has advised the shareholders of M25 Business Centres Ltd on its sale to BizSpace. M25 Business Centre, which is located in Waltham Abbey, Essex, totals 55,000 sq ft across four storeys with office space ranging from 90 sq ft to 2,454 sq ft.  The property also includes meeting rooms, break out areas and executive […]

In a recent decision, the Court of Appeal has determined that the Commercial Agents (Council Directive) Regulations 1993 (Regulations) do not apply when the agent in question is engaged in respect of the sale of intangible property – electronic goods cannot be regarded as such. Thus agents engaged in the sale of electronic items (such […]

Fladgate LLP is pleased to have acted for the lead group of financial investors (comprising Zouk Capital, Index Ventures, 83North, Creandum and Northzone) on the sale of their entire interest in iZettle to PayPal Holdings; subject to regulatory approval. The total deal value was $2.2B. Nathan Medlock, Partner at Zouk Capital commented: “We are grateful […]

Smart contracts are one of the major developments arising out of the distributed ledger and are intended to simplify how contracts are made and executed.   This briefing considers what they are and how they fit into the law of contract. What are smart contracts? There is no standard, generally accepted definition of smart contracts but […]

On 26 April, the UK ratified the EU’s Unified Patent Court (UPC) agreement. Although much of intellectual property law and practice is already harmonised amongst EU member states, a UPC would set up a common patent court for the hearing of intellectual property cases, and the direct applicability of its rulings, across all EU member […]

An enterprise management incentive option (EMI option) is a type of employee share option which is a useful remuneration tool for employees in smaller higher-risk trading companies.  It also provides for generous tax treatment for both the employee and the company. Since the tax benefits are only available to companies with certain qualifying business activities, […]

The Asset Management Market Study carried out by the Financial Conduct Authority (FCA) raised concerns about weak price competition and the ability of investors to seek the best value. Therefore the FCA has decided to introduce new rules and guidance applicable to authorised fund managers (AFMs) in respect of their management of authorised funds subject […]

Fladgate LLP acted for AIM listed client Gfinity PLC on its equity placing that raised £6.7m before expenses. Founded in 2012, Gfinity has established itself as one of the world’s leading esports companies. The London-based business enjoys strong relationships with game publishers, players and the wider esports community and has built a solid reputation for […]

Fladgate LLP has advised GCC Group on its second acquisition in three months. The deal to buy Perfect Dynamics is the second in a planned series of acquisitions intended to make GCC Group one of the UK’s largest managed IT services providers. Corporate partner Ian Brent led the transaction. GCC Group CEO Chris Harthman commented: […]

On 22 February 2018 the UK Parliament announced it will be launching an inquiry into cryptocurrencies to examine the role of digital currencies in the UK; both the risks and opportunities. The inquiry follows a heightened global focus on digital currencies as their popularity escalates.  In September 2017, China banned the sale of new digital […]

This quarterly round-up looks into some of the main regulatory developments and trends in fintech regulation during the first quarter of 2018. Moves to regulate The appetite of governments and supervisors to regulate the crypto-world is increasing and, although short-term the position remains uncertain, it is clear that regulation is on its way. Within the […]