Like many businesses, Starbucks closed its outlets in Russia. Now, a new chain owned by Russian rapper Timati and restaurateur Anton Pinsky is taking over the outlets. It has appointed new suppliers but much seems familiar. The new chain has dropped the "bucks" from the name. It has also adjusted the logo to show a woman wearing traditional Russian headgear. Pinsky said, [...]
IQE has filed a lawsuit against Tower for misappropriating its trade secrets. There are not many details in the public domain yet and reading anything in the general media can lead to confusion as journalists often think all words describing intellectual property rights are interchangeable! What we know is that IQE, one of the UK’s largest chip manufacturers, has filed [...]
The first known arbitration decision following the Commercial Rent (Coronavirus) Act 2022 has been released, under which the tenant failed to obtain relief from rent arrears in respect of its registered office. Facts Signet Trading Ltd, the world’s largest specialist jeweller which operates around 300 retail stores and trades as H Samuel and Ernest Jones, sought relief from its rent [...]
Apple may be forced to adopt a standardised charger. In April 2022, the EU's Internal Market and Consumer Protection Committee voted 43-2 to adopt legislation requiring manufacturers to adopt USB-C for device charging. Apple has resisted calls to follow the industry and adopt a unified charging port on its devices. This is the case even though it adopted USB-C on its own laptops [...]
Mariah Carey released “All I want for Christmas is You” in 1994. Now, 28 years later songwriter Andy Stone has filed a lawsuit claiming copyright infringement. Unless you have been on a desert island all this time, you will recognise this song as it gets (over-) played every year at Christmas time. That's assuming the BBC didn't pack you off there [...]
It has been such a difficult couple of years for so many people, both here in the UK and overseas. Perhaps that's why I feel it is so heart warming that so many people are coming together over this extended Bank Holiday weekend to celebrate the Queen's Platinum Jubilee. The way that the Queen has conducted herself over her 70 [...]
Given the rising adoption of cryptocurrencies and the recent crash of Luna, there has been an increased scrutiny of the cryptocurrency world - and the UK is no exception to this. At the same time, the UK acknowledged in a Treasury report in February 2022 that it needed to act quickly to preserve its position as a crypto hub by [...]
On Friday 17 December Ganfeng Lithium announced that its recommended takeover offer for Bacanora Lithium PLC had become effective, which valued Bacanora at approximately £260 million. The Takeover Code Rules changed in July 2021 and this is the first takeover offer made under the new regime to be successful. Bacanora, whose shares are traded on AIM, is a lithium development [...]
On 14 December 2021, Stagecoach and National Express announced that they had agreed a £1.9bn merger, but behind the scenes of this mega transaction, Stagecoach had agreed to divest part of its businesses and shares in Scottish Citylink Coaches Limited to companies within the ComfortDelGro group in order to address any potential competition issues. Teacher Stern advised Scottish Citylink Coaches [...]
Teacher Stern is proud to have secured top rankings in the Legal 500 2021, an independent directory that ranks the UK’s top law firms. Our Corporate & Commercial team have retained their Tier 2 ranking for London law firm - M&A deals for under £50m and our lawyers continue to be recognised as experts within their fields. Martine Nathan, Partner, Corporate [...]
