Fladgate acted for Guild Esports PLC (Company) on its admission to the Official List (by way of a Standard Listing) and to trading on the London Stock Exchange’s Main Market for listed securities, contemporaneously with a £20m equity placing. Guild Esports had a market capitalisation of approximately £41m on admission. The Company is the first […]
Fladgate was delighted to advise Guild Esports plc on an investment agreement with David Beckham. The Sports Business Group at Fladgate also drafted and negotiated a partnership agreement which makes David Beckham the face of the team. Guild, a new global esports business, is launching a player academy and developing an ambitious talent pipeline in […]
Fladgate LLP has advised Zouk Capital, the manager of the UK Treasury’s Charging Infrastructure Investment Fund (CIIF), on CIIF’s joint venture with multinational telecommunications company Liberty Global (to be called Liberty Charge) which will roll out on-street residential electric vehicle charging points in the UK. CIIF is the dedicated fund established by the UK Government […]
Fladgate LLP has advised leading B2B gaming platform Playzido on its successful EIS-qualifying equity fundraising round involving 11 new investors and on related arrangements with its founding shareholders Endemol Shine Group, Black Cow Technology and Carmichael Holdings. Playzido operates an open B2B platform in the online gaming sector, and supplies a remote gaming server to […]
Is there hope for custom game developers amidst Blizzard Entertainment’s new Acceptable Use Policy? Following the launch of Warcraft III: Reforged, Blizzard Entertainment (Blizzard) has updated its Acceptable Use Policy so that the legal rights that custom-game makers automatically assign to Blizzard have been expanded. The new wording (highlighted in bold) reads: Custom Games are […]
Businesses are increasingly using cloud services for an ever-growing range of IT and related services, often categorised as Software as a Service (SaaS), Infrastructures as a Service (IaaS), and as Platform a Service (PaaS). Key characteristics of cloud services often include internet delivery of the services, self-provisioning, elasticity (i.e. on-demand) and subscription models. Another distinction […]
The award-winning Vested® outsourcing/business model has been around since around the end of the noughties. In case you are not familiar with it, the Vested[1] model and movement grew out of pioneering research and development by a team at the University of Tennessee. Their research looked at companies that worked with business partners and were […]
Turn On, Tune In, Cop Out? Warner Music and Sony Music v TuneIn On 1 November 2019, TuneIn was found to have infringed the rights of Warner Music and Sony Music (together the Claimants). The case itself focussed on the interpretation of the English copyright law concept of ‘communication to the public’ in circumstances where […]
The European Court of Justice (ECJ) has handed down a preliminary ruling in a case[1] focussing on the validity of consent obtained from internet users by means of pre-ticked checkbox, and information obligations regarding cookies. The ECJ was reviewing the cookie consent requirements in accordance with the Cookie Directive 2002/58/EC (Cookie Directive), and the General […]
When does time for making an application for permission to appeal begin? In circumstances where the time period for making such an application is a relatively limited 21 days, the importance of understanding the answer to this question cannot be understated. In McDonald v Rose, the Court of Appeal recently provided guidance on the procedure to be followed by parties wishing to seek permission to appeal.
In February 2018, the National Crime Agency (NCA) successfully obtained two Unexplained Wealth Orders (UWO) on properties in the UK – one in the exclusive Knightsbridge area of London and the second, a golf course in Berkshire, collectively worth £22 million. The first target of the UWOs challenged the UWOs on a variety of grounds […]
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