LawTalk UK: Commercial Awareness

2020 is the year of the SPAC, says MarketWatch. In a period of 24 hours in 2020, more money was raised from SPACs than in all of 2014. But if you have no clue what a SPAC is, this episode is for you. TIMESTAMPS (00:35) What is a SPAC? (01:51) Advantages of SPACs (03:42) Disadvantages of SPACs (05:39) Why are SPACs popular all of a sudden?  (06:12) Why aren't SPACs so hot in the UK?

Epic Games is suing Apple and Google over Fortnite in-app purchases. What's going on, what are Epic's claims, and who might this affect?  TIMESTAMPS (00:05) Epic Games is suing Apple (00:32) Fortnite's business model and tech giants' slice of the pie (01:52) Epic Games' allegations against Apple and Google (03:14) A likely unsuccessful application for a preliminary injunction? (04:28) What about Europe?

The pound has fallen again. What happened (hint: Brexit), and how does this affect corporations and litigation? TIMESTAMPS (00:05) The pound has fallen again (00:53) Fall in value after (01:05) Boris Johnson's remarks on Brexit negotiations spook currency markets (01:58) Resignation of GLD head Jonathan Jones; Tories admit breaking the law in a 'very specific and limited way' (02:49) Who benefits from a weaker pound? Who stands to lose? (04:10) How do forex fluctuations affect litigation? CASES Elkamet v Saint Gobain [2016] EWHC 3421 PC, MacInnes v. Gross [2017] EWHC 127 QB