Draft of the Mobile Roaming (EU Exit) Regulations 2019 published

A draft of the Mobile Roaming (EU Exit) Regulations 2019 were published (having been laid before Parliament) on 5 February 2019. Accompanying the draft legislation was an explanatory memorandum provided by the UK’s Department for Digital, Culture, Media and Sport. These updated regulations aim to ensure that adequate legislation continues to operate effectively after the…

The future of cryptocurrency and sport? UK Premier League football clubs set up Bitcoin wallets in eToro partnership

The 27th season of the Premier League kicked off earlier this month with the revelation that global investment and trading platform eToro had signed first-of-their-kind sponsorship deals with seven high-profile English Premier League clubs. Significantly, the press release confirmed that eToro will not pay for the sponsorship rights in regular ‘fiat’ currency, but in Bitcoin…

Preiskel & Co and Crêpeaffaire Secure Investment with BGF

Crêpeaffaire and its founder Daniel Spinath, alongside the assistance of Preiskel & Co, have successfully secured a £2 million funding deal with BGF, the venture capital investor. With annual sales generating £5 million pounds last year, and with sites in Birmingham, Newcastle, Leeds, Cardiff,  Chester, across London, as well as the Middle East, Crêpeaffaire will use…

Preiskel & Co advised Streetlife in relation to its teaming up with Nextdoor

In January, the US neighborhood social network Nextdoor agreed to take over business of the British counterpart Streetlife, which has approximately 1.2 million registered users in the UK. Nextdoor, a start-up based in silicon Valley, has recently entered the UK market and raised about $210 million from investors, including Amazon founder Jeff Bezo’s venture capital…

Preiskel & Co advised PCCW in relation to aspects of the sale of UK Broadband to Three UK

On 6 February 2017, a PCCW Group company and Three entered into a share purchase agreement for the acquisition of UK Broadband Limited by Three UK for £300 million, subject to the fulfilment, or waiver by Three of a number of conditions precedent. The Consideration payable by Three UK under the Share Purchase Agreement is…

US telecom operators filed a new appeal against net neutrality rules

Telecom operators in the US are fighting against the new US rules on net neutrality. Telecompaper.com reported that some industry associations filed a new appeal against the Open Internet Order, which took effect on 12 June 2015 following the publication by the Federal Communications Commission (FCC). On 27 July, the DC Circuit of the US…