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Thinking - Blog
Drones: don't fly out of bounds (legally)
Various commercial industries have already woken up to the myriad opportunities offered by drone technologies. Whilst the regulatory regime evolves, it is important that companies don’t fall foul of the law.
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Thinking - Blog
AI in auditing: Embracing a new age for the profession
Artificial Intelligence (AI) is a rather new concept for many (ignoring those versed in 80’s Sci-Fi movies); it’s something many don’t know much about and certainly don’t use in our day-to-day lives (or at least appreciate we are using). However, that’s not the case for everyone. Auditors have long been reaping the benefits of AI, but are auditors just scratching the surface of what AI can offer and what impact will an increased use have on their insurance requirements and claims they face?
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Thinking - Blog
EU AI ACT-ion stations
The EU is forging ahead with its vision for AI. With wrapping up talks on the EU AI Act between the EU governments, the Commission and the parliamentary negotiators imminent, we bring you up to date on the EU's risk based approach, the scope of the Act, a timeline, key points that will form the basis of the discussions and next steps.
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Thinking - Blog
What To Know About AI Fraudsters Before Facing Disputes
Fraudsters are quick to weaponise new technological developments and artificial intelligence is proving no exception, with AI-assisted scams increasingly being reported in the news, including most recently one using a likeness of a BBC broadcaster.
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Thinking - Blog
The November 2023 AI safety summit and the UK's direction of travel
The government has confirmed that the UK AI safety summit will be held at Bletchley Park on 1 and 2 November 2023.
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Thinking - Blog
Telecoms supply agreement excludes "loss of profit" claim under "anticipated profits" liability exclusion (EE v Virgin Mobile)
In line with a number of recent cases, in EE Limited v Virgin Mobile Telecoms Limited [2023] EWHC 1989 (TCC) the courts have shown that parties generally cannot avoid clear wording contained in exclusion clauses in order to recover losses that have been expressly excluded (in this case, loss of profits).
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Thinking - Blog
Rolls-Royce entitled to hit the brakes in dispute over termination of a software services agreement (Topalsson v Rolls-Royce)
In Topalsson GmbH v Rolls-Royce Motor Cars Limited [2023] EWHC 1765 (TCC), the High Court has provided useful guidance on how to determine whether a software implementation timeline agreed by the parties is binding, when implementation is considered complete and in what circumstances failing to complete implementation by the contractual deadlines entitles the customer to terminate the contract.
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Thinking - Blog
A narrow escape – software services provider entitled to rely on single aggregate liability cap (Drax v Wipro)
When it comes to bespoke software development projects, a lot can go wrong. There's risk for the customer such as project delays, software defects, functionality issues and a lack of meeting of minds in terms of project requirements.
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Press and Media
RPC’s Retail Compass Autumn edition: What challenges do retailers face post-pandemic?
RPC, the international law firm has launched the Autumn edition of its Retail Compass, which explores legal and policy changes that are set to impact the retail industry.
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Thinking - Blog
Major overhaul of UK telecoms regulation to go ahead by the end of December 2020
The UK still pushing ahead with implementing wide ranging European regulatory changes, but obligations for many "over the top" providers are likely to be postponed.
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Press and Media
RPC advises Shore Capital on its role in Serinus Energy fundraising
International law firm RPC has advised Shore Capital, the nominated adviser and broker to Serinus Energy plc (Serinus Energy), an AIM-listed upstream oil and gas exploration and production company, on its equity fundraising by way of a placing, subscription, and retail offer.
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Thinking - Blog
Corporate transparency reforms: what comes next?
Last year, we reported on the impact of the Economic Crime and Corporate Transparency Act 2023 (the Act), which introduces the biggest changes to Companies House since corporate registrations were established in 1844. Companies House has now issued a transition plan for implementation of the Act, summarising the changes which have already been brought into effect and laying out Companies House's timing expectations for implementation of the remaining updates, including those relating to identity verification.
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Press and Media
RPC advises on the sale of Nanogen to PBS
International law firm RPC has advised on the sale of premium hair loss fibres and treatments brand, Nanogen, to Professional Beauty Systems (PBS).
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Thinking - Blog
Take notice: Court of Appeal reverses High Court decision on validity of notice of warranty claim
Last year we reported on the High Court's decision in Drax Smart Generation Holdco Limited v Scottish Power Retail Holdings Limited [2023] EWHC 412 (Comm) that a purchaser's breach of warranty claim under a share purchase agreement (SPA) was time-barred by a clause that required the purchaser to notify its claim before a specified date "stating in reasonable detail the nature of the claim and the amount claimed (detailing the Buyer's calculation of the Loss thereby alleged to have been suffered)".
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Press and Media
RPC advises H.W. International B.V. on the sale of its UK, French, and Greek operations to Steadfast Group
International law firm RPC has advised H.W. International B.V. (HWI BV), the Amsterdam based insurance broker group, on the sale of its subsidiaries, H.W. Wood Limited (H.W. Wood) in the UK and HWI France, to Steadfast Group, the largest general insurance broker network and underwriting agency group in Australasia.
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Press and Media
RPC strengthens its tech expertise with Andrew McMillan joining as Partner
International law firm RPC has appointed Andrew McMillan as a Partner in its Corporate team, based in London. A specialist in technology M&A and data governance, Andrew's arrival bolsters the firm’s highly regarded Corporate and wider Commercial practices in the fast-paced Technology, Media, and Telecommunications (TMT) sector.
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Thinking - Blog
Autumn Budget 2024 – Main tax announcements
The Chancellor, Rachel Reeves, delivered the Autumn Budget 2024 on Wednesday 30th October. In doing so, she made the first set of Budget announcements by a Labour Government since 2010. This year's Budget was one of the most eagerly awaited for some time. In terms of the breadth of announcements, it did not disappoint.
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Press and Media
RPC advises B.P. Marsh & Partners Plc on sale of Lilley Plummer Holdings Ltd.
International law firm RPC has advised B.P. Marsh & Partners Plc (B.P. Marsh) on the sale of its 28.4% shareholding in Lilley Plummer Holdings Limited (trading as Lilley Plummer Risks) to Clear London Markets Limited (Clear Insurance), a subsidiary of The Clear Group, majority-owned by Goldman Sachs.
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Thinking - Blog
UK National Security Screening: NSIA Annual Report 2023-24
On 10 September 2024, the Government published its third Annual Report (Report) into the acquisition and investment screening regime established by the National Security and Investment Act 2021 (NSIA), covering the year from 1 April 2023 to 31 March 2024. With very limited information regarding cases reviewed under the NSIA regime being publicly available, the Report provides useful colour and insight around the current application of the regime by the Government's Investment Security Unit (ISU) (which administers the operation of the NSIA) and potential trends.
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Press and Media
RPC advises on the establishment of Art Capital and initial investment round
International law firm RPC has advised on the establishment of new real estate debt advisory business Art Capital, backed by an initial investment from three strategic investors (ACRE Capital, RX London and TTB Partners) alongside Art Capital's founding shareholders. The investment, which completed on September 2 2024, marks a significant milestone for Art Capital as it looks to build a best-in-class debt advisory team to serve its real estate clients.
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Press and Media
RPC advises on London Stock Exchange Listing for MOH Nippon plc
International law firm RPC has advised MOH Nippon plc (MOH Nippon), the first Japanese company to list on the London Stock Exchange (LSE).
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Thinking - Blog
Final UK listing rules: modified transfer process for issuers in transition category
On 11 July 2024, the FCA published the final UK Listing Rules (UKLR) which came into effect on 29 July 2024 (Implementation Date). The UKLR are broadly in line with the FCA's previous proposals.
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Thinking - Publication
Banking and Financial Markets Litigation Update - Summer 2024
This update is brought to you by RPC’s top tier banking and financial markets disputes practice in London, with specialists in all areas of financial markets litigation (and arbitration) and a wealth of expertise including frequent involvement in the most complex, high-value, and high-profile disputes in the sphere. Here, we take a look at some of the most important judgments in recent months.
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Press and Media
RPC advises MOB in its acquisition by global sport and entertainment agency, 54
International law firm RPC has advised production house MOB in its acquisition by 54, a global sport and entertainment agency to strengthen its content creation capabilities.
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Thinking - Blog
UK government updates NSIA market guidance and statement on call-in powers
Recent developments such as the removal of Huawei from the UK's 5G networks and President Biden's 2023 executive order on outbound investment in sensitive technologies have brought into focus potential national security risks arising from global trade and investment.
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Thinking - Publication
The Week That Was – 28 June 2024
Welcome to the week that was, a round-up of key events in the construction sector over the last seven days.
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Thinking - Publication
The Week That Was – 21 June 2024
Welcome to the week that was, a round-up of key events in the construction sector over the last seven days.
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Thinking - Publication
The Week That Was – 14 June 2024
Welcome to the week that was, a round-up of key events in the construction sector over the last seven days.
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