Fladgate was pleased to act for KCR Residential REIT plc on the subscription by private equity fund, Torchlight for 9 million ordinary shares for a total subscription of £4.05m and the grant of an option to subscribe for an additional 50 million ordinary shares. KCR intends to consolidate its presence in the UK and to […]
Fladgate has advised SILCS Solutions Limited on all legal aspects of its UK launch of “ChargeBolt”. With over 250 locations from their soft launch in the UK, ChargeBolt provides free countertop docking stations for customers to rent a power bank, charge their devices on-the-go and return it to another location – just like the shared […]
It is no secret that piracy of live sports broadcasts is one of the biggest problems currently faced by both sports leagues and sports broadcasters. Corporate Partner Eddie Powell and Trainee Thomas Edwards recently commented on the GDPR issues in the fight against piracy, “If you are processing someone’s personal data, then you have a […]
The top Spanish football league, La Liga, has been fined around €250,000 for a breach of the GDPR by the Spanish data protection agency, AEPD. In an effort to combat piracy of Spanish football live matches, La Liga allegedly used a smart phone app to collect users data without users’ specific consent. AEPD therefore levied […]
Fladgate advised Ocado on its recent investment into vertical farming start-up, Jones Food Company. The transaction comprised a partial buyout of the seed investors and a further equity investment backing the management team. Described as the world’s most advanced vertical farm, Jones Food Company has a 5,000 square-metre facility in North Lincolnshire, with LED-lit and […]
Fladgate LLP was delighted to advise AIM listed Audioboom Group plc on a £2.8 million fundraise by way of placing and subscription. The new shares were admitted to trading on AIM on 22 May 2019 and upon admission, Audioboom’s market capitalisation was approximately £27 million. The net proceeds of the fundraise will be used towards an […]
In September 2018, the Competition and Markets Authority issued its first ever fine (against Heathrow Airport Limited) in connection with a property agreement breaching the competition law rules . A recent “fast track” application to the Competition Appeal Tribunal (CAT) looks to push the door further open to potential challenges to restrictions contained in property agreements.
Famous fashion model Gigi Hadid is being sued in the USA for copyright infringement, and not for the first time. Hadid is widely considered to be one of the most well-known models in the world, and has appeared in all of the major fashion publications over the last year. However, Hadid has found herself in […]
The fashion retailer, Guess, has been fined by the EU Commission for a breach of Article 101 of the Treaty on the Functioning of the European Union (TFEU), which prohibits agreements between companies that prevent, restrict or distort competition within the EU’s Single Market. Guess operates a selective distribution system across the EEA, which is […]
The European Commission has launched an initial probe into Amazon over how it uses third party sellers’ data. In the past weeks this has been closely followed by an antitrust probe from the German Federal Cartel Office. One of the reasons Amazon is unique as a retailer is that it operates as both a merchant, […]
A fine imposed by the ICO on a company accused of sending millions of unsolicited emails was overturned last month by the Appeal Tribunal. The ICO had initially issued the fine against Xerpla Ltd, for a breach of regulation 22 of the Privacy and Electronic Communications Regulations (PECR) against unsolicited communications. In brief, this regulation […]
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