When entering a long-term services contract, the prospect of future political or environmental changes affecting performance will not be the parties’ primary focus. However, circumstances can change quickly and without warning, particularly in what may be regarded as more challenging jurisdictions. Whether due to regime change, civil unrest, military action

Continue Reading War, Coups and Hurricanes – Exiting long-term services contracts when conditions change

The pace of movement towards cloud based service solutions seems to be unrelenting, and encompasses solutions of increasing value and criticality. There is accordingly a lot more discussion and negotiation concerning the contract terms which would govern such services. However, whilst much attention will understandably focus upon important themes such
Continue Reading Hidden Challenges of Enterprise Cloud Engagements

Victoria Lee co-leads DLA Piper’s Global Technology Sector and has been practicing law at DLA Piper for more than 25 years. She focuses on representation of emerging growth and public companies in complex technology and commercial transactions in the technology sector, as well as a variety of other industry sectors.
Continue Reading Five Questions with Victoria Lee: DLA Piper Partner; Global Co-Chair, Technology Sector; and Managing Partner for Northern California and Silicon Valley

Written by Nichola Prescott, Associate, London

The Financial Conduct Authority has published a document setting out a list of points for financial services firms to consider when preparing for and evaluating third-party technology banking solutions.

Where a third-party provides services which are critical to a regulated firm’s business operation, it
Continue Reading FCA guidance for firms thinking of using third-party technology (off-the-shelf) banking solutions