Brazil: Q&A: due diligence for tech M&A

Our senior TMT partner, Ricardo Barretto Ferreira along with partners Alessandra Souza and André de Godoy Fernandes, as well as former associates Bruna Bigas and Lorena Pretti Serraglio, contributed to the article “Q&A: due diligence for tech M&A in Brazil,” published on Lexology.

Navigating Technology M&A transactions requires a deep dive into IP ownership, due diligence, and understanding the complexities of software and emerging technologies.

For more information on the key steps for successful tech M&A due diligence, you can access the full article:

Q&A: due diligence for tech M&A in Brazil

See more articles from our Brazilian member firm Azevedo Sette.

Ireland: AI, Machine Learning & Big Data Laws and Regulations 2024

LK Shields is delighted to announce that Jane O’Grady has made an exclusive contribution for Ireland to the AI, Machine Learning & Big Data Laws and Regulations 2024 Guide.

This guide covers 21 jurisdictions. In the Irish Chapter, Jane discusses the legal landscape in Ireland regulating the use of AI. Ireland is on the cusp of major change with the first AI-dedicated legal instrument due to take effect before the end of the year. The AI Act will come into force on a phased basis over the next three years and the governance of AI is likely to be stepped up rapidly.

Jane also touches on data protection laws in Ireland, primarily governed by the GDPR and the Data Protection Act 2018.

For more information, please visit:

AI, Machine Learning & Big Data Laws 2024 | Ireland

See more articles from our Irish member firm LK Shields.

Brazil: Government Prohibits Operation of BETs that have not submitted authorization requests

Government Prohibits Operation of BETs that have not submitted authorization requests.

Ordinance SPA/MF 1,475/2024, in effect since September 17, 2024, has shortened the operating period for active BETs that have not yet requested authorization from SPA. Starting October 1, 2024, only those BETs that are currently operating and have submitted their authorization request to the SPA by the publication date of the Ordinance will be allowed to operate during the adjustment period, which ends on December 31, 2024.

Conversely, BETs that have not submitted an authorization request by that date shall be prohibited from operating in Brazil starting October 1, 2024. Bettors can withdraw their deposited amounts until October 10, 2024, after which betting sites and applications without a filed authorization request in SPA will be blocked.

For more information on this prepared by Partner Ricardo Barretto Ferreira and Attorney Ingrid Santos from the TMT team, you can access the full article:

Government prohibits operation of BETs that have not submitted authorization requests

See more articles from our Brazilian member firm Azevedo Sette.

Maltese Film Industry from an Employment Perspective

Malta has been the set of several Hollywood blockbuster movies, from Russel Crowe’s Gladiator to Joaquin Phoenix’s Napoleon. Employment relationships in the film industry are governed by Malta’s general employment law framework, however despite the growing industry, Malta lacks specific employment regulations which cater for the needs of the industry’s employees.

Film crew members are not subject to normal full-time employment working hours and conditions. Therefore, the implementation of a set of minimum working conditions for employment in the film industry would ultimately contribute to the wellbeing of employees, as well as for Malta to remain an attractive destination for future productions.

For further information on regarding important working conditions which should be considered for the film industry, you can access the full article:

The Maltese film industry from an employment perspective

See more articles from our Maltese member firm GVZH Advocates.

Ružička and Partners welcome new Equity Partners, Peter Ružička and Peter Bartoš

Ružička and Partners are excited to announce that their team of equity partners has expanded with the addition of Peter Ružička and Peter Bartoš, who have accepted the offer to become equity partners after many years of dedicated service.

For further information on these new appointments, you can access the full article:

Welcoming new equity partners Peter Ružička and Peter Bartoš

See more articles from our Slovakia member firm Ružička and Partners.

 

BridgePoint Law Expands Services: Now Assisting Clients with Company Establishment in Saudi Arabia

BridgePoint Law is proud to announce the expansion of their services beyond the UAE. They are now officially able to assist clients in establishing their companies in Saudi Arabia, alongside their existing expertise in the UAE. This strategic expansion enables them to offer comprehensive legal and business services in two of the most dynamic markets in the Middle East.

Facilitating Business Success in the Kingdom of Saudi Arabia

With Saudi Arabia rapidly becoming a hub for business and innovation, BridgePoint Law is ready to provide tailored solutions for companies looking to enter this lucrative market. Their dedicated team will guide clients through the complexities of Saudi regulations, ensuring a smooth and efficient company incorporation process. Their services in Saudi Arabia include:

  • Company formation in key regions such as Riyadh, Jeddah, and Dammam
  • Navigating Saudi business laws and compliance requirements
  • Securing necessary permits and licenses
  • Visa and residency solutions for investors and employee


Their Continued Commitment in the UAE

In addition to their new services in Saudi Arabia, BridgePoint Law remains a trusted partner for company formation and legal services across the UAE. From company incorporation to visa processing, they continue to provide end-to-end support for businesses of all sizes looking to establish or expand in the UAE.

See more articles from our UEA member firm BridgePoint Law.

Hamlins acquires boutique law practice Swan Turton

Hamlins has entered a new period of growth with the acquisition of boutique practice Swan Turton to boost its market-leading media and tech practices.

The deal marks a change in approach by Hamlins, which is seeking to expand the expertise of its highly regarded team which acts for many public figures and leading brands.

The acquisition of Swan Turton will see three partners – Stuart Barry, Julian Bentley and Catherine Fehler – two fee-earners and two other staff moving over, along with three consultants, including founder Julian Turton. This will take Hamlins’ headcount to 100, including 20 partners.

Swan Turton is particularly well known for its music work and acting for comedians and actors. Through its work for PBJ Management, it has represented Adam Buxton, Noel Fielding, Eddie Izzard, Nish Kumar, Tim Minchin and Howard Goodall. Novelist Sebastian Faulks is another client.

Hamlins managing partner Matthew Pryke says: “This deal is a milestone in our evolution, bringing together two firms at the top of their game. It makes a lot of sense for both of us. Their expertise both deepens and expands our services, especially on the non-contentious side, while Swan Turton clients will have access to our broader offering. Most importantly, there is a fantastic cultural fit between our two firms.”

In music, for example, Hamlins is a leading firm on rights and copyright infringement claims – acting for record label BMG and PPL PRS Ltd – while Swan Turton represents a host of top bands and recording artists, including the estate of Fleetwood Mac founder Peter Green, Madness, and seminal electronic artists Underworld and Leftfield.

Matthew Pryke is in his second term as managing partner and has led Hamlins through a significant period of modernisation, including moving from offices in Regent Street, where the firm had been located since the 1980s, to a modern workspace at the signature No.1 Kingsway building.

Turnover has increased by more than a quarter since he took over as Managing Partner in 2020, with the addition of Swan Turton set to bring a further significant rise this year. Profits continue to grow alongside this investment in the business. The plan is to continue on this trajectory so that it can continue to thrive amid the rising cost of technology and regulation.

Mr Pryke says: “We are firmly established as a top practice in each of our sectors and have growing capacity to support clients across a wide range of activities. The model is working well and so we are actively looking to build it further.”

See more articles from our UK member firm Hamlins.