The Lawyer's Daily: Money laundering, gambling in e-sports M&A: Costs of non-compliance
December 03, 2020
Investors looking to engage in mergers and acquisitions (M&A) activity in the industry are expected to be aware of the obligations, risks and challenges faced by its participants and what to focus on when assessing the viability of a transaction.
Scottish football’s response to COVID-19 highlights the conundrum facing European football
May 14, 2020
With the exception of Belarus, league football across Europe came to a halt in mid-March due to the outbreak of COVID-19.
Keeping possession: ownership trends in English Premier League Football
May 05, 2020
The English Premier League (EPL) is fast approaching the end of its third decade, having begun in 1992. 12 of the original 22 EPL teams from 1992 are still in the EPL.
A tech guy with a jumper: how an NBA player plans to transform his contract into a tokenized investment vehicle
April 03, 2020
Spencer Dinwiddie of the Brooklyn Nets (the Nets) is having a career year in the National Basketball Association (the NBA), both on and off the court.
League of Legends – Poster boy for esports franchising
October 02, 2019
The League of Legends (LoL) Championship Series (LCS), hosted by Riot Games, is North America’s top tier League of Legends competition.
From equity to franchising: investing in esports
June 12, 2019
This article is part of a series of Norton Rose Fulbright articles about legal, regulatory and governance issues facing the e-sports industry.
Arsenal installs battery storage system
January 15, 2019
Arsenal FC has recently installed the largest battery energy storage system in any UK sporting venue. Located in the basement of the Emirates, the Tesla 2MW/2.5 MWh lithium ion battery storage system (BSS) can power the 60,000 seat stadium for an entire match, which is equivalent to supplying energy to 2,700 homes for two hours.
Lululemon investor alleges that board ignored company’s “toxic” culture
December 19, 2018
In a recently filed lawsuit, an investor in athletic retailer Lululemon Athletica Inc. (“Lululemon”) alleges that the company’s Board of Directors (“Board”) ignored the behavior of ex-CEO, Laurent Potdevin, allowing a “toxic” work culture to develop at the company.
Mychal Kendricks: Insider trading plea and indefinite NFL suspension
November 07, 2018
On August 29, 2018, the Securities and Exchange Commission (the “SEC”) filed a complaint in the United States District Court for the Eastern District of Pennsylvania against Mychal Kendricks, a linebacker for the Cleveland Browns, who at the time of the alleged activity played for the Philadelphia Eagles, and Damilare Sonoiki, a former investment banking analyst at a large investment bank, alleging multiple instances of insider trading from July 2014 through November 2014.
Private equity and sport, a happy union?
September 28, 2018
Last week the twelve Premiership Rugby clubs and London Irish RFC decided to reject the reported £500m offer from CVC Capital Partners for a 51% stake in Premier Rugby Limited.