Useful links and resources

[Dipen]

Thank you Jaysen. Can you please post the link you got this from? Thanks

Schroders is back with another superb infographic for November:

 

[Jaysen]

Thank you Jaysen. Can you please post the link you got this from? Thanks

Here you go: https://www.schroders.com/en/insights/economics/a-view-of-the-world-economy-in-november-2018/

 

[Jaysen]

The ex-CEO of autonomy was just charged with fraud in the US: https://www.bbc.co.uk/news/business-46397367. Interestingly, Mike Lynch is a longstanding client of Slaughter and May.

I talked about this HP-Autonomy story in some of our M&A classes. HP bought Autonomy in 2011 for $11.7bn. A year later, HP had to write down $8.84bn, claiming it was due to "accounting improprieties and disclosure failures" by Autonomy. Autonomy said HP had just undertaken poor due diligence.

Goes to show an example of the risks involved in tech M&A and the importance of due diligence in an M&A deal.

 

[Abstruser]

The ex-CEO of autonomy was just charged with fraud in the US: https://www.bbc.co.uk/news/business-46397367. Interestingly, Mike Lynch is a longstanding client of Slaughter and May.

I talked about this HP-Autonomy story in some of our M&A classes. HP bought Autonomy in 2011 for $11.7bn. A year later, HP had to write down $8.84bn, claiming it was due to "accounting improprieties and disclosure failures" by Autonomy. Autonomy said HP had just undertaken poor due diligence.

Goes to show an example of the risks involved in tech M&A and the importance of due diligence in an M&A deal.

Just to follow up on the Lynch story - https://www.law.com/legal-week/2018...rutiny-after-autonomy-founders-fraud-charges/

 

[Jaysen]

Just to follow up on the Lynch story...

View attachment 461

I don't think the link works!

 

[Abstruser]

I don't think the link works!

Ah I couldn't figure out how to add a photo into the text box directly! I've just shared the direct URL instead, haha

 

[Jaysen]

Ah I couldn't figure out how to add a photo into the text box directly! I've just shared the direct URL instead, haha

Great article!! This was exactly what I was thinking when I mentioned Slaughters.

I get the feeling Slaughter's senior partner is quite close to Mike Lynch:

 

[Jaysen]

Worth keeping an eye on how this story develops:

China warns Canada over the Huawei Arrest: https://www.nytimes.com/2018/12/09/technology/canada-china-huawei-meng-wanzhou.html

Relevance to businesses and law firms:

https://www.law.com/corpcounsel/201...ore-us-businesses-to-exit-china-avoid-visits/

 

[Jaysen]

Good stuff here on what the law firm of the future looks like:

https://www.law.com/legal-week/2017...atest-from-the-inaugural-event-as-it-happens/

 

[Jaysen]

Nice post by Finimize on the rise of oil prices:

https://www.finimize.com/wp/news/oils-on-fire/

 

[PMF_II]

Wall Street banks are offloading leveraged loans at discounted prices and demanding that borrowers allow them to lift interest rates, if needed to attract investors.

https://www.ft.com/content/7fac8926-fe6d-11e8-aebf-99e208d3e521

 

[Jaysen]

Wall Street banks are offloading leveraged loans at discounted prices and demanding that borrowers allow them to lift interest rates, if needed to attract investors.

https://www.ft.com/content/7fac8926-fe6d-11e8-aebf-99e208d3e521

Interesting article. A good one to know, especially if you're applying to law firms that are big on private equity.

 

[Daniel Boden]

Interesting article. A good one to know, especially if you're applying to law firms that are big on private equity.

Is there a way to read it without an FT subscription?

 

[Jaysen]

Unfortunately not, but you can read up on the weakening of the leveraged loan market:

https://www.bloomberg.com/news/arti...oan-funds-lose-cash-at-fastest-pace-on-record
https://www.pionline.com/article/20181210/PRINT/181219915/concerns-rising-over-leveraged-loan-market

A good overview of leveraged loans: https://www.barrons.com/articles/why-bank-loans-are-making-regulators-worry-1544023287

You wouldn't need to know this in any detail for an interview - just something to flag up.

 

[PMF_II]

Is there a way to read it without an FT subscription?

Just to confirm the point Jaysen made earlier.

 

[bronson]

This FT article provides a great brief roundup of the year and things that have been going on in different sectors

“Scant cause for corporate cheer after year of uncertainty”
https://www.ft.com/content/8a187532-0548-11e9-9d01-cd4d49afbbe3

 

[Jaysen]

Continued security concerns over Chinese tech giant Huawei https://www.bbc.co.uk/news/uk-46690627

 

[Abstruser]

Nice FT article about the sustainability of 'gig economy' business models - https://www.ft.com/content/49650d32-0c48-11e9-acdc-4d9976f1533b

 

[Eva]

An interesting article by FT writers predicting the future developments of some pressing political and economic affairs in UK, US and other parts/regions of the world - https://www.ft.com/content/afcd9026-045a-11e9-99df-6183d3002ee1

 

[Jaysen]

An interesting article by FT writers predicting the future developments of some pressing political and economic affairs in UK, US and other parts/regions of the world - https://www.ft.com/content/afcd9026-045a-11e9-99df-6183d3002ee1

Did you take the survey?

https://survey.ft.com/jfe/form/SV_5cEQDt9RcRdPh5P