Posted in Articles

Considerations when expanding globally

This article by our colleagues  and  provides an overview of the key issues to consider when scaling your business globally.

While international expansion remains at the forefront of the expansion plans of many companies, risks also abound. In particular, regulatory risk has become one of the major concerns associated with international expansion.

Click here to read more about some of the issues to consider when scaling your business globally.

To read more about the issues to consider when expanding globally, take a look at our Global Expansion Checklist. We have also created our Guide to Going Global series, which reviews business-relevant corporateemploymentequityintellectual property and technology and tax laws in over 40 key jurisdictions around the world.

 

 

Posted in Event

Sports Technology Symposium

Zvi Meitar Institute for Legal Implications of Emerging Technologies and Adelson School of Entrepreneurship at IDC Herzliya in conjunction with DLA Piper and Yigal Arnon & Co. Law Firm invite you to a symposium on Sports Technology on Wednesday, April 25, 2018,  16:30 to 20:00.

Peter White, Global Co-Chair of DLA Piper’s Media, Sports and Entertainment Sector, will talk about the Intersection of Sports and Technology.

Presentations will include discussions on Innovations and Global Trends in Sports Tech and The Future of Sport Tech. Among the panelists are David Malka, Deputy Director of the Sports Authority, Edli Markus, General Manager of the Israel Basketball Super Leagues, Ronit Glasman, Marketing Director of the Israel Football Association and Yael Almor, VP Online of Winner.

Lectures will be held in English, with the exception of the panel session which will be held in Hebrew. Please register in advance due to limited seats. For more information and to register free of charge, click here.

Posted in Event

Innovations in Insurtech

The tsunami of change from digital transformation is sweeping through many industries and the wave is heading towards the insurance industry. Digital transformation is changing how products and services are delivered by the existing industry and will transform the nature of insurance products and services as well as business models.

To keep their competitive edge, insurers need to keep pace with this continuously evolving digital world and harness the power of new technology, while being aware of regulatory and legal implications that surround digital tools. Major technology players are also poised to pivot into the sector and are likely to become some of the biggest disruptors.

DLA Piper and Fischer Behar Chen Well Orion & Co invite you to join us for breakfast April 11, 2018 in Tel Aviv, followed by a discussion on how the insurance industry is adapting to deal with this technology enabled disruption.

For more information and to register, https://goo.gl/mK2D2f.

Posted in Articles

Raising venture capital? Read our 12 tips

Corporate partners  and  outline 12 tips for startups when raising venture capital. Issues discussed include choosing the right advisors, developing your target investor list, practicing your elevator pitch, protecting your intellectual property and preparing a due diligence binder to help investors.

Click here to read the full article on Accelerate, DLA Piper’s dedicated online resource for entrepreneurs looking to be the next big…

 

 

Posted in Articles

The UK releases new guidance on Mutual Agreement Procedures

In our latest Global Tax Alert, our colleagues Shee Boon Law, Joel Cooper, and James Dalley discuss the recent guidance on the Mutual Agreement Procedure (MAP):

Her Majesty’s Revenue and Customs (HMRC), the UK tax authority, has published revised guidance on the Mutual Agreement Procedure (MAP) in its International Manual (INTM) (INTM 423000 – INTM423130).

The new guidance, published February 1, 2018, closely aligns HMRC’s position with the recommendations of the Organisation for Economic Co-operation and Development’s (OECD) Base Erosion and Profit Shifting (BEPS) Action 14 (Making Dispute Resolution Mechanisms More Effective) Final Report, which includes minimum standards on accessibility to MAP.

The revised guidance is supplemented by Statement of Practice 1 (2018) (the Statement of Practice), which replaces Statement of Practice 1 (2011) and summarizes the UK’s practice in relation to methods for reducing or preventing double taxation, and the MAP process as provided in UK tax treaties and the European Union Arbitration Convention (90/463/EEC) (EU AC).

The revised guidance, together with the supplementary Statement of Practice, provides detailed information on the following:

  • Eligibility for MAP
  • Access to MAP
  • Submitting a MAP request
  • Time limi
  • Protective MAP requests
  • MAP and domestic relief
  • Mutual agreement
  • Methods of relief and
  • Arbitration.

Read the entire article here.

Posted in Articles

Private LTE Networks – a new user’s guide

Our new handbook – Private LTE Networks – is a user’s guide written by our colleagues Ira Keltz and Eric DeSilva that addresses regulatory and implementation issues in deploying a customized LTE (Long Term Evolution) system to meet your company’s needs.

Businesses have always depended on private wireless systems for communicating, controlling automated systems and gathering data. In the past, these systems have relied on licensed narrow-band two-way radio or unlicensed Wi-Fi networks. But neither of those types of networks is well suited to the demands of modern workplaces, which must contend with requirements to securely connect hundreds of people, to precisely control increasingly complex or critical machinery or to analyze data from thousands of sensors monitoring company processes.

To meet these high demands, businesses are turning to newer technology and beginning to rely on private LTE networks – the same technology used by communications carriers to connect today’s smartphones to the Internet. LTE is the fourth generation of mobile technology, used by all US mobile phone providers to connect smartphones to the Internet.

While a private LTE system can transform the way a company does business, companies must also understand the regulatory and implementation issues involved with deploying a customized system to meet their needs.

Our handbook, Private LTE Networks – A New User’s Guide, is designed to set out basic information that may help you decide whether a private LTE network is right for you.

Download the handbook here.

Posted in Articles

Secondary debt trading update: eligible transferees – what is a “financial institution”?


A functioning secondary debt market is an important element of the European restructuring landscape, giving sellers an option to get out of challenging capital and resource-sapping situations. Buyers of second debt are often able to buy in at a level which gives them the flexibility to sustain an impairment of the principal amount due and/or provide fresh liquidity into a distressed situation. For debtors, the introduction of a new lender can often be a fresh start in a situation which might have turned into a challenging dynamic with their former lender.

A fundamental component of the market’s operation is the basic ability of a seller to transfer loans to an eligible buyer. In the recent case of Grant & Others v WDW 3 Investments Limited and Arazim (Gibraltar) Limited, the High Court of England and Wales considered the meaning of the term “financial institution” in the context of a secondary market debt trade. The Court interpreted the term broadly, finding that a non-trading special purpose vehicle with minimal capitalization was a “financial institution” for the purposes of a transfer restriction in the underlying loan document.

To learn more about the Court’s decision and how it may affect market considerations, please read the full article by our colleagues David Ampaw and Rowan Aspinwall.

Posted in Reports

Global Media Sector Trends 2018: Seizing new commercial opportunities and tackling emerging threats

In DLA Piper’s new Global Media Sector Trends 2018 report  our colleagues Neil Fitzpatrick, Peter C. WhiteProf Dr Stefan EngelsQiang LiGiangiacomo OliviDavid R. Pahl, and Jamie Ryder explore how new commercial opportunities are being created by disruption, specifically in relation to the rise of over-the-top (OTT) content, virtual / augmented reality (VR/AR) and the internet-of-things (IOT).

Click here to watch insights from colleagues around the world talking about the media trends in their region, including the US, Germany, Italy, the Middle East, and China.

 

 

 

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