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    Global Advertising Lawyers Alliance to host COVID-19 & Consumer Protection webinar

    By SHOOTUpdated:No Comments5077 Views
    Jeffrey A. Greenbaum
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    On Tuesday, April 28, the Global Advertising Lawyers Alliance will be hosting a webinar, “COVID-19 & Consumer Protection:  Global Advertising in a Time of Crisis.”  The webinar will be held from 12:00 p.m. to 1:00 p.m. ET.  

    With the world in crisis over the COVID-19 pandemic, government regulators and self-regulatory organizations are aggressively policing marketers, to ensure that their advertising is truthful and not misleading and complies with other relevant standards. In this webinar, members of the Global Advertising Lawyers Alliance will update you on key COVID-19 related advertising law developments around the world, including important regulatory and self-regulatory enforcement.

    The speakers at the webinar will be:

    Jose Antoni Arochi, Arochi & Lindner (Mexico)
    Donata Cordone, Portolano Cavallo (Italy)
    Brinsley Dresden, Lewis Silkin LLP (UK)
    Jeffrey A. Greenbaum, Frankfurt Kurnit (US)
    Jenny Pienaar, Adams & Adams (South Africa)

    For attorneys, CLE credit will be available for both New York and California.

    Click here to register. 

    Tags:Frankfurt KurnitGlobal Advertising Lawyers AllianceJeffrey A. Greenbaum



    DirecTV calls off acquisition of rival Dish, possibly ending a yearslong pursuit

    Friday, November 22, 2024
    Dish Network satellite dishes are shown at an apartment complex in Palo Alto, Calif., Feb. 23, 2011. (AP Photo/Paul Sakuma, File)

    DirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bond holders at that company.

    The deal was reliant on Dish bond holders agreeing to trade in the debt they held for debt in the new company, a swap that would have cost them about $1.6 billion, collectively.

    The retreat by DirecTV this week may end a years-long effort by the company to acquire both Dish and Sling after it announced the bid in September.

    DirecTV was looking to acquire Dish TV and Sling TV from its owner EchoStar in a debt exchange transaction that included a payment of $1, plus the assumption of approximately $9.8 billion in debt. The deal was contingent on several factors, including regulatory approvals and bondholders writing off debt related to Dish.

    "While we believed a combination of DirecTV and Dish would have benefited all stakeholders, we have terminated the transaction because the proposed exchange terms were necessary to protect DirecTV's balance sheet and our operational flexibility," DirecTV CEO Bill Morrow said in a statement.

    The prospect of a DirecTV-Dish combo has long been rumored, and reported talks resurfaced over the years. And the two almost merged more than two decades ago — but the Federal Communications Commission blocked the deal valued at the time at $18.5 billion deal, citing antitrust concerns.

    The pay-for-TV market has shifted significantly since. As more and more consumers tune into online streaming platforms, demand for more traditional satellite entertainment continues to shrink.

    DirecTV says that it will continue to invest in next-generation streaming platforms and offer new packaging options while integrating content from live TV alongside direct-to-consumer... Read More

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