Spotify makes stock market debut

May 29, 2018

Spotify began trading on 3 April, when 5.6 million shares were exchanged at $165.90 per share.  That effectively valued the company at around $29 billion.  As the day went on, the share price decreased and the company would ultimately close its first day of trading at $149.01 per share – more than 10% lower than… Read more »

Court of Appeal dismisses Quixotic contractual construction

May 29, 2018

In a case about Terry Gilliam’s The Man Who Killed Don Quixote, the Court of Appeal has dismissed an appeal about an option over rights in Terry Gilliam’s film The Man Who Killed Don Quixote.  The court confirmed that a reference to the director’s involvement in the definition of the “Works” under option was not a mere… Read more »