Telecommunications – Page 14

Bloomberg Law

Michael Burke Joins Pillsbury’s NY Office as New Restructuring Partner, Boosting Firm’s Expertise Amid Rising Market Demands

Pieter Gunst2 years ago01 mins

Pillsbury has announced the addition of Michael Burke to its insolvency and restructuring group as a new partner based in New York. Burke brings extensive experience in corporate restructuring, specifically within the aviation sector. He has represented various stakeholders in bankruptcy matters, including creditors’ committees, ad hoc committees, debtors, bondholders, distressed investors, indenture trustees, bank…

Ars Technica

Canada Demands 5% Revenue Share from Netflix, Spotify, and Other Streamers

Pieter Gunst2 years ago16 mins

Canada has ordered large online streaming services to pay 5 percent of their Canadian revenue to the government in a program expected to raise $200 million per year to support local news and other home-grown content. The Canadian Radio-television and Telecommunications Commission (CRTC) announced its decision yesterday after a public comment period. “Based on the…

The American Lawyer

K&L Gates Strengthens German IP Practice with Key Frankfurt Hires

Pieter Gunst2 years ago01 mins

K&L Gates has taken a significant step to bolster its intellectual property practice in Germany by hiring a team of four IP disputes specialists for its Frankfurt office. The team is led by Daniel Marschollek, a former partner at Norton Rose Fulbright, who brings expertise in complex trademark, design, copyright, antitrust, and competition disputes. The…

Bloomberg Law

T-Mobile to Acquire US Cellular Assets in $2.4 Billion Deal Aiming to Strengthen Market Position

Pieter Gunst2 years ago02 mins

Legal News: T-Mobile Buys US Cellular Assets In a significant move within the telecommunications sector, T-Mobile US Inc., currently the second-largest mobile carrier in the United States, has entered into an agreement to acquire the wireless operations and select spectrum assets of US Cellular Corp. The transaction is valued at approximately $2.4 billion. The comprehensive…

Jurist

EU Unanimously Approves World’s First Landmark Artificial Intelligence Legislation

Pieter Gunst2 years ago04 mins

The European Union (EU) made a significant stride in the regulatory landscape of artificial intelligence (AI) stating that the Council of the European Union has unanimously approved the world’s first landmark AI legislation, the Artificial Intelligence (AI) Act. This legislation is poised to come into effect 20 days after its publication in the EU’s official…

Jurist

Myanmar’s Heightened Crackdown: Detained Rakhine Journalist Exposes Worsening Climate for Press Freedom

Pieter Gunst2 years ago04 mins

Htet Aung, a journalist associated with the Development Media Group, has been held in pre-trial detention in Sittwe Prison in Rakhine, Myanmar. Detained since October 29, 2023, he was later charged under section 52(a) of The Counter Terrorism Law and section 65 of The Telecommunications Law, accusations that can impose maximum penalties of twelve years….

Above the Law

Perkins Coie Expands to London, Targets European Tech and Private Equity Market

Pieter Gunst2 years ago03 mins

According to recent reports, the global law firm Perkins Coie is set to open its first office in London, marking its initial foray into Europe. The firm’s decision to establish a European base was broadcasted earlier this year and is now taking shape rapidly. Additionally, this move comes following a year of impressive revenues for…

Bloomberg Law

Seyfarth Shaw Boosts New York Corporate Department with Luke Iovine Recruitment

Pieter Gunst2 years ago02 mins

Seyfarth Shaw recently announced the recruitment of Luke Iovine, which strengthens its corporate department in New York. This development was reported on May 14, 2024, as per a statement released by the firm. Iovine brings with him extensive legal experience in diverse areas, having counselled clients on a range of transaction matters. Focusing on fields…

Law360

Delaware Court Dismisses Qualcomm Investor’s Diversity Lawsuit

Pieter Gunst2 years ago02 mins

In a significant ruling, Delaware’s Court of Chancery dismissed a lawsuit by a shareholder of Qualcomm Inc. The plaintiff had alleged that the tech firm misinformed the public and its investors about its endeavor to introduce diversity to its board. However, the court found that the investor had been unable to demonstrate that Qualcomm did…

The American Lawyer

PwC Kenya’s Joseph Githaiga Joins Spencer West as Co-Founding Partner in Nairobi Office

Pieter Gunst2 years ago01 mins

Joseph Githaiga, former director of legal business and solutions at PwC Kenya, has taken on a new role as a co-founding partner in the Nairobi office of Spencer West, a U.K. based law firm. The firm announced Githaiga’s appointment on May 1. He will serve within its corporate, commercial, data protection and cyber security teams….

Bloomberg Law

Uniti Group Acquires Elliott-Backed Windstream Holdings for $1 Billion

Pieter Gunst2 years ago03 mins

In a recent development, Uniti Group Inc. has confirmed that it will acquire Elliott Management Corp.-backed Windstream Holdings. The deal is estimated to value Windstream at approximately $1 billion. This purchase marks a reunion between the two telecommunications companies, a surprising turn of events considering they parted ways nearly a decade ago. The move signifies…

Law360

Tesla’s $55 Billion Pay Package for Musk Awaits Shareholder Approval

Pieter Gunst3 years ago01 mins

In recent corporate legal news, an audacious move by Tesla Inc. saw it pushing for a shareholder approval of a staggering $55 billion pay bundle for Elon Musk – a pay gesture that mirrors one previously quashed by the Delaware Chancery Court earlier in January. More details can be found here. Elsewhere in the sector,…

Bloomberg Law

White & Case Bolsters Global M&A Team with New Partner Abdallah Maher

Pieter Gunst3 years ago01 mins

Abdallah Maher, former member of Freshfields Bruckhaus Deringer, has been welcomed to White & Case as the newest partner in their global Mergers and Acquisitions (M&A) team. Based in Riyadh, the firm excitedly announced his arrival on Monday. An expert in his field, Maher has a solid background in advising cross-border public and private M&A…

Law.com

Tussle Over Ozempic Leadership and Talc Litigation Intensifies in Legal Realm

Pieter Gunst3 years ago02 mins

In the latest Law.com Class Actions: Critical Mass briefing, a significant dispute has erupted over the leadership in the Ozempic multi-district litigation. A team of 32 attorneys that had formed the leadership are currently faced with allegations of excluding others from the process. A second day of hearings has begun to decide on the potential…

Bloomberg Law

Norton Rose Fulbright Welcomes Tech Expert Lisa Fitzgerald as Melbourne-Based Partner

Pieter Gunst3 years ago01 mins

In a recent move, Lisa Fitzgerald has joined Norton Rose Fulbright as a technology partner, based out of Melbourne, Australia. The information was released by the firm itself this past Thursday. With a considerable expertise in the field, Fitzgerald is known for advising both private and public sector clients. Her primary areas of focus encompass…

Bloomberg Law

UK Antitrust Watchdog Launches In-Depth Investigation of £13 Billion Vodafone-Three Merger

Pieter Gunst3 years ago03 mins

The proposed merger between Vodafone Group Plc and the UK branch of CK Hutchison Holdings Ltd.’s Three has raised significant concern from the United Kingdom’s Competition and Markets Authority (CMA). The deal, valued at a hefty £13 billion ($16.5 billion), is undergoing an intense investigation by Britain’s antitrust watchdogs. This move by the CMA comes…

Law.com

AT&T Battles Class-Action Lawsuits Following Major Data Breach Incident

Pieter Gunst3 years ago02 mins

In the realm of recent corporate legal activities, there has been a veritable flurry of litigation activity surrounding AT&T. The telecommunications giant now faces a spate of class-action lawsuits following a significant data breach reported in 2021. According to a complaint detailed in the case “Dean v. AT&T”, a dataset stolen from this incident was…

Law360

Prominent Corporations Bolster In-House Legal Departments with High-Profile Hires

Pieter Gunst3 years ago02 mins

March saw several significant legal department appointments in some of the world’s largest corporations. This article recapitulates some of the high-profile hires that occurred in companies such as John Deere, Geico, and Zoom. John Deere led the way, setting a benchmark for other businesses with its critical in-house hires. Recognizing the importance of internal legal…

Bloomberg Law

Lobbying Firms Adapt to Industry Shifts with Rebranding and Expanded Services

Pieter Gunst3 years ago03 mins

As the world of legal advocacy evolves, so too do the identities of its key players. In recent years, several well-established leviathans in lobbying have undergone significant transformations, emerging with a fresh face, a new name, or an expanded operational scope to adapt to the shifting landscape. Recent headlines have shed light on these developments,…

Jurist

Southeast Asian Crime Rings Evolve: INTERPOL Addresses Global Human Trafficking and Cyber Fraud Expansion

Pieter Gunst3 years ago04 mins

The INTERPOL head, Jürgen Stock, has publicly voiced his concern over the growth of organized Southeast Asian crime rings. These crime groups, originally focused on human trafficking-based cyber fraud, are now morphing into a global human trafficking crisis that affects millions of victims. Stock informed that these criminal, global networks generate an enormous annual income;…

Bloomberg Law

Norton Rose Fulbright Launches US Technology Transactions Team Led by Sean Christy

Pieter Gunst3 years ago02 mins

Norton Rose Fulbright, the global law agency, recently announced the launch of its dedicated technology transactions team in the United States. Renowned partner Sean Christy has been chosen to lead this innovative team. The firm disclosed this development on a recent Monday. The scope of this team extends to cover areas such as traditional and…

The American Lawyer

European Telecoms Consolidation: Swisscom Acquires Vodafone Italia in €8 Billion Merger

Pieter Gunst3 years ago02 mins

The legal landscape of the European telecommunications market has recently experienced a significant shakeup, with eight top-tier law firms involved in an 8 billion Euro merger. The headline deal has been the acquisition of Vodafone Italia by its Swiss counterpart, Swisscom. This mega-deal forms part of a wave of consolidation sweeping through the European telecommunications…

Jurist

Hong Kong Court Upholds Real-Name SIM Card Registration, Balancing Privacy and Security

Pieter Gunst3 years ago03 mins

In a recent move, the Hong Kong Court of First Instance dismissed a judicial review challenging the regime requiring real-name registration for SIM card users. The court held the mechanism “not unreasonable” and saw no necessary intervention on its part. The Telecommunications (Registration of SIM Cards) Regulation requires telecommunications companies to record customers’ identity card…

Bloomberg Law

New FCC Data Breach Rules Demand Heightened Compliance Efforts

Pieter Gunst3 years ago02 mins

The Federal Communications Commission (FCC) is set to enact new federal data breach reporting rules this week. Legal professionals working within some of the world’s biggest corporations and law firms need to take note, as these rules carry significant implications for business costs and compliance regime adaptation. The updated FCC rules, which were adopted in…

The American Lawyer

Pinsent Masons Bolsters Australian TMT Practice with KPMG Law Team Acquisition

Pieter Gunst3 years ago01 mins

Global law firm, Pinsent Masons, is venturing into the technology, media, and telecommunications (TMT) industry in Australia. For this major leap, the firm has recruited two partners from KPMG Law. James Arnott and Veronica Scott, both proven industry experts, have left their positions at KPMG Law to join Pinsent Masons. James Arnott, the former head…