IQE has filed a lawsuit against Tower for misappropriating its trade secrets. There are not many details in the public domain yet and reading anything in the general media can lead to confusion as journalists often think all words describing intellectual property rights are interchangeable! What we know is that IQE, one of the UK’s largest chip manufacturers, has filed [...]
The first known arbitration decision following the Commercial Rent (Coronavirus) Act 2022 has been released, under which the tenant failed to obtain relief from rent arrears in respect of its registered office. Facts Signet Trading Ltd, the world’s largest specialist jeweller which operates around 300 retail stores and trades as H Samuel and Ernest Jones, sought relief from its rent [...]
Apple may be forced to adopt a standardised charger. In April 2022, the EU's Internal Market and Consumer Protection Committee voted 43-2 to adopt legislation requiring manufacturers to adopt USB-C for device charging. Apple has resisted calls to follow the industry and adopt a unified charging port on its devices. This is the case even though it adopted USB-C on its own laptops [...]
Mariah Carey released “All I want for Christmas is You” in 1994. Now, 28 years later songwriter Andy Stone has filed a lawsuit claiming copyright infringement. Unless you have been on a desert island all this time, you will recognise this song as it gets (over-) played every year at Christmas time. That's assuming the BBC didn't pack you off there [...]
Given the rising adoption of cryptocurrencies and the recent crash of Luna, there has been an increased scrutiny of the cryptocurrency world - and the UK is no exception to this. At the same time, the UK acknowledged in a Treasury report in February 2022 that it needed to act quickly to preserve its position as a crypto hub by [...]
On Friday 17 December Ganfeng Lithium announced that its recommended takeover offer for Bacanora Lithium PLC had become effective, which valued Bacanora at approximately £260 million. The Takeover Code Rules changed in July 2021 and this is the first takeover offer made under the new regime to be successful. Bacanora, whose shares are traded on AIM, is a lithium development [...]
On 14 December 2021, Stagecoach and National Express announced that they had agreed a £1.9bn merger, but behind the scenes of this mega transaction, Stagecoach had agreed to divest part of its businesses and shares in Scottish Citylink Coaches Limited to companies within the ComfortDelGro group in order to address any potential competition issues. Teacher Stern advised Scottish Citylink Coaches [...]
Teacher Stern is proud to have secured top rankings in the Legal 500 2021, an independent directory that ranks the UK’s top law firms. Our Corporate & Commercial team have retained their Tier 2 ranking for London law firm - M&A deals for under £50m and our lawyers continue to be recognised as experts within their fields. Martine Nathan, Partner, Corporate [...]
Teacher Stern LLP are pleased to announce that they have successfully negotiated a settlement with Barclays Bank on behalf of 37 clients who took out Shared Appreciation Mortgages in the late 1990s. While the details of the settlement are confidential Teacher Stern LLP are proud to have concluded settlement on behalf of their clients who had suffered years of uncertainty [...]
Teacher Stern adviser to Big Time Gaming on EUR450 million sale Teacher Stern acted as lead legal adviser to online slot games developer Big Time Gaming on its agreement to sell to Evolution Gaming. Evolution Gaming Group will acquire the entire issued share capital of Big Time Gaming Pty Ltd for a total consideration of up to EUR 450 million, [...]
