Carey Olsen advises Lightspeed Faction on launch of blockchain venture capital fund The fund is a collaboration between Lightspeed Venture Partners (Lightspeed) and the Faction partnership through the newly formed cryptocurrency firm, Lightspeed Faction ...
We are proud to be sponsoring a networking reception that will be held at the Guildhall in the City of London on the 4th of December 2023, from 6:00 PM to 9:00 PM. Katya Tua, Edmond Zammit Laferla and Michael Psaila will be attending the event. View More
November 17, 2023 By: Michael Flynn In an effort to promote “open banking” and reduce “sticky banking”, make it easier for consumers to compare their current financial institution to competitors, and to generally increase competition among financial institutions, on October 19, 2023, the CFPB proposed a new Personal Financial Data Rights Rule, which, if it becomes final, will likely take effect early in 2024 ...
As longstanding partners and participants in the Electricity Storage Network (ESN)’s working groups, Shoosmiths' Energy & Infrastructure sector were delighted to host the industry body’s Winter Conference at our London office earlier this week. The highly attended event demonstrated the in-demand level of insight needed on the UK and Irish market for energy storage projects ...
The Scottish Renewables Onshore Wind Conference held in September brought together industry leaders, leading onshore wind experts and stakeholders to explore the critical role of onshore wind in achieving net zero and how it can transform the onshore landscape. The event delved into various aspects, unveiling key insights and discussions that are crucial for the industry's trajectory ...
Interest in the development of offshore wind power projects in Finland has increased significantly in recent times. As project developers are exploring the opportunities to construct wind farms in the exclusive economic zone ("EEZ") of Finland, many find themselves wondering how the permitting process will be arranged and how the final project developer with the exclusivity over an area will be selected ...
Carey Olsen in Bermuda advises Hamilton Insurance Group on its Initial Public Offering on the New York Stock Exchange Bermuda-headquartered Hamilton Insurance underwrites specialty insurance and reinsurance risks on a global basis through its wholly owned subsidiaries. Enhanced by data and technology, the firm is focused on producing sustainable underwriting profitability to deliver shareholder value ...
Carey Olsen's James Noble achieves Full (TEP) Membership with STEP By attaining the highest level of membership with STEP, James has earned international recognition as an expert in trusts and estates ...
Contents Contents Legal framework Security Restructuring Insolvency Cross-border/Groups Liability risk The COVID-19 pandemic Other Trends and predictions Tips and traps Legal framework What domestic legislation governs restructuring and insolvency matters in your jurisdiction? The main legislation governing restructuring and insolvency matters in Jersey is: the Bankruptcy (Désastre) (Jersey) Law 1990 (the "Bankruptcy Law"); and the Companies (Jersey
The Markets in Crypto Assets Regulation (MiCA)1 provides the legal framework for digital asset services within the European Union. This regulation, detailed with its 149 articles and 6 annexes, mandates that entities wishing to provide digital asset services across the EU must secure authorisation in one of the EU Member States ...
On the 30th of October 2023, the MFSA issued a circular about the Corporate Governance Manual it issued in relation to directors of Collective Investment Schemes (CIS) ...
In recent months, colleagues in Scotland have been working closely with Glasgow City of Science and Innovation to partner in raising the profile of the Glasgow City Region on a national and international scale, showcasing its potential as a world-class hub for research and innovation ...
The acceleration in the development of Artificial Intelligence (AI) and machine learning technologies has been identified as a significant disruptor, influencing the design, operation, and location of data centres. AI models require large scale datasets and substantial computational power for training ...
The power and the peril of generative AI has been one of the most talked- about topics in legal circles since ChatGPT's explosion into public conscience in late 2022. The arrival of generative AI into our world is now a stark reality. Lawyers need to understand both the basics of the technology and its legal implications when considering the use of generative AI ...
In the course of regular updates on Russian counter-sanctions, we would like to provide you with information on Decree of the President of the Russian Federation dated November 08, 2023 No. 844 “On Additional Temporary Economic Measures Related to Circulation of Foreign Securities” (“Decree No. 844”). Decree No ...
In a recent panel session I attended at the CAN DO Summit in Glasgow featuring Lina Srebrova, XR Strategist at Digitalnauts, and Prof. Paul Chapman, Director of Emerging Technology at the Glasgow School of Art, the conversation delved into the disruptive potential of immersive technologies, particularly virtual reality (VR) and augmented reality (AR), on both society and business ...
Yesterday, Shoosmiths hosted an event by The Fashion Network titled ‘Trend Forecasting & Analysis Masterclass: For Fashion & FMCG Retail Business’. During this event we heard from fashion industry leaders on how the landscape of retail and marketing is ever evolving, influenced by a myriad of factors ranging from consumer behaviour to emerging technologies ...
Forming a ‘club’ or consortium of PE sponsors can be an enticing prospect, offering a chance to be part of something bigger while sharing the risk and bid price associated with the investment ...
On 26 October 2023 the Online Safety Act (‘the Act’) received Royal Assent, enacting rules designed to, in the UK government’s words, make the UK the safest place in the world to be online ...
Shoosmiths’ head of technology sector Joe Stephenson attended the Tech and Innovation Summit, focused on how public and private sector organisations are supercharging innovation into action. In today's rapidly evolving technological landscape, staying ahead of the curve is crucial for businesses and governments alike. Below, we reveal our key takeaways from the event: Data Centres: Meeting the Demand for Growth The digital age has ushered in a surge in data generation and consumption ...
