Lawyer Philip Rubens, from the firm Teacher Stern, is canvassing institutional shareholders and claims to be on the verge of securing third-party funding. He is aiming to make a claim against the AIM-listed firm for losses endured by shareholders after it announced the discovery of “significant, and potentially fraudulent, accounting irregularities” earlier this month. Rubens, head of financial services litigation [...]
Teacher Stern acted for AM Coffee Holdings Limited on its purchase of Goldex Investments (Surrey) Limited, the holder of 14 Costa Coffee franchises. The team was led by Claire Rollo and assisted by Kasam Kiani, Alex Osborne, Lorna Clarke, Sophia Christodoulou, Sarah Glockler and Arta Obertinca. Other advisors involved in the transaction were Thomson Snell & Passmore (for the seller), [...]
We are delighted to have acted for tvONE on its acquisition of Green Hippo, a developer and manufacturer of award-winning media servers and digital display products with offices in the UK and the US. This acquisition further extends their reach across commercial integration, live events and creative video technology. The transaction was led by Corporate partner, Kelly Whitfield, and assisted [...]
It has been nearly 3 months since Europe entered a new age of data protection. Change, on a scale as comprehensive as this, has created a lot of confusion. The old regime (dating back to 1998 in the UK, before Facebook was even invented) was long outdated and no longer fit for purpose; now replaced by much stricter rules with [...]
Energy Act 2011: Minimum Energy Efficiency Standards Regulations 2015 (MEES) and the Impact on Landlords
New energy efficiency regulations are in place that may prevent a landlord renting out a building with an energy efficiency rating of F or G. Introduction From 1 April 2018, both residential and commercial landlords have had to ensure that their properties meet the Minimum Energy Efficiency Standards Regulations 2015 (MEES). If a landlord holds an EPC showing an energy [...]
Over 1 million investors have chosen to invest their pensions via a SIPP and the sums currently held in SIPPS runs into billions of pounds. Inevitably, with such enormous sums involved, the advice on investing in SIPPs and the performance of the SIPP providers themselves has become an increasingly important area which is being scrutinised by disgruntled investors. If a [...]
Can A Company In Liquidation Commence Adjudication Proceedings In Respect Of Sums Due Under A Construction Contract?
The liquidation of developers, contractors and sub-contractors are a regular occurrence in both large and small scale construction projects, with the insolvent company often left with claims against other firms involved in the development. The right to adjudicate and then make use of the summary judgment route to enforce the adjudicator’s decision has long been the most powerful tool at [...]
The Court of Appeal has held that care workers who sleep-in, are not entitled to the national minimum wage under the National Minimum Wage Act 2015 (NMWR 2015) for the time during which they are asleep. This is very good news for the care home sector who would have then been facing claims of several hundreds of millions of pounds in [...]
Martine Nathan, George Stead, Andrew Hughes and others were delighted to act for the shareholders of the Genius Sports Group in agreeing the terms on which private equity firm Apax Partners will acquire the Genius Sports Group. Founded in 2000 Genius Sports is a leading global player in sports data, insights and media distribution. Providing technology to more than 150 [...]
Teacher Stern Data Protection specialists Martine Nathan and Tom Gibby will be co-hosting a breakfast seminar with Channel Telecom on the practical steps to undertake in order to get ready for the GDPR, specifically for those in the Telecoms industry. The breakfast seminar will take place on Friday 16th February 2018 at Teacher Stern offices.