Full Disclosure:
M&A is Back?!
By Jaysen Sutton
Hi Reader 👋🏽,
The Story:
In the first three months of 2024, there were over twice as many ‘blockbuster’ M&A deals (valued at over $10bn each) compared to the prior year. This has led the global value of deals to increase by 21% to more...
Full Disclosure:
What is going on with Sam Bankman-Fried/FTX?
By Jaysen Sutton
Hi Reader 👋🏽,
The Story:
A US judge sentenced Sam Bankman-Fried to 25 years in prison. The sentencing follows Sam’s conviction of seven charges, including fraud and conspiracy to commit fraud.
What you need...
Full Disclosure:
Practice Area News
By Jaysen Sutton
Hi Reader 👋🏽,
It's the second week of April, 2024. Here are the most relevant stories for you to be aware of as an aspiring lawyer, from all of the main practice areas:
Mergers & Acquisitions
Majestic buys Vagabond Wines out of...
Full Disclosure:
Central Bank Sticks to Interest Rate Cuts
By Jaysen Sutton
Hi Reader 👋🏽,
The Story:
The market got a bit excited last week. This is not because the Federal Reserve decided to keep the interest rate the same (5.25-5.5%), but because it plans to stick with its series of...
Full Disclosure:
What went wrong with Ted Baker?
By Jaysen Sutton
Hi Reader 👋🏽,
The Story:
Ted Baker announced its intention to appoint administrators last week. The British clothing retailer follows the likes of The Body Shop and Wilko to enter into an insolvency procedure in the last...
Full Disclosure:
Private Equity and the Carried Interest Loophole
By Jaysen Sutton
Hi Reader 👋🏽,
The Story:
Imagine I run a private equity firm. I raise money from investors, which I use, together with borrowed money, to buy private companies and turn them around for even more money for...
Full Disclosure:
Lawmakers ban TikTok
By Jaysen Sutton
Hi Reader 👋🏽,
The Story:
Sell TikTok in 6 months or it’s banned.
That was the message after the Foreign Adversary Controlled Applications Act was passed in the US House of Representatives.
Put simply, the bill means that app...
Full Disclosure:
The Spring Budget
By Jaysen Sutton
Hi Reader 👋🏽,
The Story:
Last week, the UK Chancellor presented the Spring Budget. This involves setting out the key tax and spending decisions by the government, together with an update on the state of the economy.
The major thing you...
Full Disclosure:
Elon Musk sues for breach of contract
By Jaysen Sutton
Hi Reader 👋🏽,
The Story:
It’s 2012 and you’re Elon Musk. You’re worried about the future of AI, especially 'AGI', where a machine has the intelligence to perform a wide range of tasks like a human. You hear Google...
Full Disclosure:
Interest rates cause bank profits to rise
By Jaysen Sutton
Hi Reader 👋🏽,
The Story: HSBC experienced a sharp decline in its share price last week despite announcing an almost 80% increase in profits before tax. Meanwhile, Barclays’ shares rose 11% despite a 6% drop in...
Full Disclosure:
Nvidia's stock is surging
By Jaysen Sutton
Hi Reader 👋🏽,
“World War II was decided by steel and aluminium, and followed shortly thereafter by the Cold War, which was defined by atomic weapons. The rivalry between the United States and China may well be determined by...
Full Disclosure:
Former analyst sentenced for insider trading
By Jaysen Sutton
Hi Reader 👋🏽,
The Story:
Imagine we’re playing the game Articulate!. You have a card with a list of words. You must describe each word to your team without saying the word. If your team guesses more words on...
Full Disclosure:
The Body Shop enters Administration
By Jaysen Sutton
Hi Reader 👋🏽,
The Story:
It’s a bad thing when a long-standing retail chain collapses three months after being acquired by a private equity firm. You wouldn’t be wrong for wondering, ‘Shouldn’t the private equity firm...
Full Disclosure:
The UK's technical recession
By Jaysen Sutton
Hi Reader 👋🏽,
The Story:
‘How is the economy doing?’ It’s a tough question to answer, especially given the news that the UK entered into a technical recession at the end of 2023. You might read this and think, ‘Oh no, a...
Full Disclosure:
How do Tech Stocks Impact Law Firms?
By Jaysen Sutton
Hi Reader 👋🏽,
The Story: US tech stocks are doing really well. A big reason is the Magnificent Seven - Apple, Microsoft, Meta, Amazon, Alphabet, Nvidia and Tesla - which has driven the US stock market to new highs...
Full Disclosure:
Elon Musk and the Delaware Court
By Jaysen Sutton
Hi Reader 👋🏽,
The Story: It’s 2018 and Richard, an unhappy Tesla shareholder, brings a ‘derivative claim’ against Elon and other directors. This type of claim is uncommon; normally companies bring claims, but in this case...
Full Disclosure:
The Business of Law Firms
By Jaysen Sutton
Hi Reader 👋🏽,
One aspect of being a lawyer that is commonly missed out is unrelated to the legal work or the commercial advice. It is the fact that you are joining a business.
This is what we mean when we say the ‘business’ of...
Full Disclosure:
The biggest challenges facing law firms in 2024
By Jaysen Sutton
Hi Reader 👋🏽,
1. How do law firms attract and retain talent in 2024, given the changing needs of a new demographic?
The success of a law firm is based on the success of its people. Not only do they need to...
Full Disclosure:
The Houthi Attacks
By Jaysen Sutton
Hi Reader 👋🏽,
The Story: Many products aren’t made in the same country in which they are sold. They must be transported to their destination, by land, air or ship.
Ships travelling from the East to the West often pass through the Suez...
Full Disclosure:
The Post Office Scandal
By Jaysen Sutton
Hi Reader 👋🏽,
The Story: Suppose you decide to run a post office in the 90s. You get to be self employed, while also serving a function in your local community. You enter into a contract with the Post Office, acting as their agent...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.