Posts in Commercial IP & Tech
Wallace recognised and celebrates record success in Legal 500 2027

Legal 500 has ranked Wallace across 8 practice areas and recommended 6 individuals as specialists in their area of law in the 2027 edition now released.

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Wallace advises shareholders of Ivy House Learning Limited on management buyout backed by Ama Capital

Wallace has advised the shareholders of Ivy House Learning Limited on a management buyout backed by Ama Capital. Wallace’s lead client was Elke Edwards, proud founder and majority shareholder of Ivy House.

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Floating with cannabis: Update for medicinal cannabis companies looking to be listed in the UK

The legal cannabis market is of increasing interest to entrepreneurs and investors. In recent years, we have seen a trend of growing deregulation in the supply and use of cannabis and cannabinoids globally, and a corresponding change in societal attitudes. The position in the UK echoes the position globally, with the appetite for investing in the legal cannabis sector increasing rapidly. However, investing in the cannabis sector remains a potential legal minefield, especially since the domestic regulatory regime is complex and investors and businesses will also need to be mindful of the extra-territorial reach of the Proceeds of Crime Act (POCA).

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No Breathing Space for Brexit

The UK left the EU on 31 January 2020 and, shortly after, the country became preoccupied with coronavirus. The UK is in a transition period until 31 December 2020 during which time it is still largely aligned with the EU. After that, either the UK will have a suitable trade deal or it will move to WTO terms. This focus on more pressing matters means there has not been much progress on negotiating the trade deal.

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