High Court rules Julian Assange can be extradited to US December 10, 2021 The High Court has ruled Julian Assange can be extradited to the US, after it won the latest round of the protracted legal battle.
Judge says No: Mike Lynch loses High Court battle to delay extradition to US January 26, 2022 British technology tycoon Mike Lynch, who is facing extradition to the US after being accused of fraud, has lost the latest stage of a legal battle. Lynch wants Home Secretary Priti Patel to be given more time to make an extradition decision. He mounted a High Court challenge after a judge who oversaw an extradition [...]
UK tech tycoon Mike Lynch fails bid to delay US extradition ruling January 26, 2022 British technology tycoon Mike Lynch, who is facing extradition to the US after being accused of fraud, has failed to delay a decision by the Home Office this morning. US authorities accused Lynch of being involved in a multibillion-dollar fraud over the sale of his software company, Autonomy, to Hewlett-Packard in 2011 for £8.5bn, which [...]
The financial crisis lurking in the shadows: Why regulators must now turn their attention to shadow banking March 6, 2023 Some would argue that predicting the next financial crisis is a near impossible task. But Nobel-prize winning economist Douglas Diamond said in October last year: “The last [financial crisis] started in the banks, it stayed in the banks. This one’s going to start in the shadow banks and the companies.” Shadow banking encompasses a variety [...]
City Moves – Who’s switching jobs at British Business Bank, OSTC and Fladgate? November 7, 2019 Today’s City Moves includes British Business Bank, OSTC and Fladgate British Business Bank The British Business Bank, the UK government’s economic development bank, has announced the appointment of Neeta Atkar as senior independent director to its board, effective from 16 November. Neeta steps into the role having served as a non-executive director since 2016 and [...]
Betting and esports look set to collide February 9, 2021 A review of UK gambling laws launched by the Department for Digital, Culture, Media and Sport (DCMS) could have a major impact on the esports industry. The review will cover marketing and advertising of gambling in sport, and could lead to a ban on gambling companies sponsoring sports teams and events, including sponsorship on uniforms, [...]
Not going anywhere: Home Office delays decision on extradition of Mike Lynch to US September 22, 2021 The Government has delayed its decision on extraditing technology entrepreneur Mike Lynch, who is facing fraud charges in the US., the Home Office confirmed to City A.M. this afternoon. A decision on the billionaire was expected this week but a Home Office spokesperson said it has been granted a seven-day extension. Some back benchers have [...]
Green Budget 2021: Net zero strategy to receive around £11.4bn in new funding October 27, 2021 The government is set to inject more than £11.4bn in new funding into its net zero strategy, according to chancellor Rishi Sunak’s Autumn Budget today. The fresh capital will go towards “the new, green industries of the future”, Sunak said this afternoon. “We are making this country a science and technology superpower”. It will mean [...]
City Moves for 21 October – Who’s switching jobs at Kemp Little, Fladgate and Unite? October 21, 2019 Today’s City Moves includes Kemp Little, Fladgate and Unte Kemp Little Leading technology and digital media law firm Kemp Little has announced that Matthew Irvine has joined the firm as an IT disputes partner. Matthew joins the company from international law firm Pinsent Masons. Matthew is a specialist disputes lawyer who helps clients to get [...]
FCA’s new crypto advertising rules met with mixed industry response June 8, 2023 A round-up of industry reaction to the FCA's sweeping new rules surrounding the marketing and promotion of digital assets.