Lenders over-exposed to real estate move into TMT

I was lucky enough to chair Olswang’s semi-annual CPD catch-up day for in-house lawyers today. It was a very interesting set of talks (for those who are interested I commented using twitter, see: #olswangcpd), which covered a wide range of topics:

Session Speaker
biographies
Materials

Employment update: the latest red tape changes and other hot topics
(Daniel Aherne, Partner, Employment)

Daniel Aherne

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Commercial tax update post Finance Bill 2011
(Natalie Coope, Senior Associate, Tax)

Natalie Coope

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Dispute resolution: What are my options – which one should I choose?
(Anna Caddick, Associate, Commercial Litigation)

Anna Caddick

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Bribery Act 2010 – When? What? Why?  A practical look at what businesses need to do to comply
(Steven Corney, Partner and Oliver Gayner, Associate, Commercial Litigation)

Steven Corney
Oliver Gayner

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Hot topics for borrowers: what increased regulation means for you (including the cost of borrowing, Basel III and accounting for leases)
(Charles Kerrigan, Partner and Jane Innes-Jones, Associate, Finance Group)

Charles Kerrigan
Jane Innes-Jones

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Social media marketing and the law: an overview of the relevant legal principles and risks,  including the new ASA CAP Code provisions effective from 1 March 2011
(Ashley Hurst, Senior Associate, Media Litigation)

Ashley Hurst Click for Slides

Commercial boilerplate quiz:  a practical look at recent case law developments and how these impact on day to day drafting
(Rob Bratby, Partner and Claire Walker, Head of Commercial Know How, MCT)

Rob Bratby
Claire Walker

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Convergence: does it add up?  Highlights from Olswang’s 2011 Convergence Survey
(John Enser, Partner, MCT)

John Enser

Olswang Convergence Survey 2011

Rather than attempt to summarise everything, I thought I’d pull out from the morning a couple of take-away issues that impact telecoms and technology.

The first was the observation that as banks were diversifying their lending books that some banks with historic over-exposure to real-estate were nevertheless open for business to borrowers from the TMT sector. The second was the impact of the extension of the CAP code to social media – the full impact of which has yet to play out. The final thought was the continued life of linear TV programming – isn’t it interesting that although technology may enable us to watch whatever we like, whenever we like, human psychology still prefers watching programmes with friends so you have someone to chat to?