We are bringing you a series of short videos focusing on LIBOR transition issues affecting financial institutions in Asia. David Milligan, a partner in our Hong Kong banking and finance team, talks to colleagues across Asia about the latest developments, conduct risk, the interplay between loans and derivatives, the state of readiness of the Asian market, and managing LIBOR transition projects in practice.
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The Regional Court of Munich (LG München I) has issued a landmark judgment in GEMA v OpenAI (Case No. 42 O 14139/24), holding that the use of copyrighted song lyrics for training generative AI models without a licence violates German copyright law.
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On 13 November 2025, the European Parliament adopted (subject to certain amendments) the substantive Omnibus Directive which was proposed by the European Commission on 26 February 2025 (see our previous briefing here). The Omnibus proposal has now been referred to the Committee of Legal Affairs to proceed to the trilogue negotiations.
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