New Media Law appointed as official legal adviser to GFU

 
 

On 1st July 2024, the Global Fighters Union (GFU) announced the appointment of New Media Law as their official legal adviser. We are honoured to partner with an organization dedicated to advocating for, improving, and representing participants in combat sports. The discipline of one-on-one combat, including boxing, karate, judo, taekwondo, wrestling, and ju-jitsu, is renowned for its intensity and physical demands. Recognising these challenges, the GFU was founded by boxing icons Paul Smith, Stephen Smith, and Amir Khan; who bring their extensive industry knowledge and collective experience to advocate for meaningful change within the sport.

 

The GFU is an inclusive union that welcomes members regardless of ability, gender, race, religion, or age. It fosters a supportive community where athletes can access a range of benefits, including representation and advocacy, legal assistance, health and safety support, education and training, and networking opportunities. 

 

As the Legal & Business Affairs representative, New Media Law is eager to support the growth and development of GFU members. We are committed to providing expert legal services and guidance to help athletes navigate the complexities of their sport. In alignment with GFU's mission, we are prepared to assist with contractual and negotiation support, dispute resolutions, and the protection of members' rights.

 

Our partnership aims to strengthen the union's mission of creating a fair and equitable environment for all combat sports participants. Together, we strive to ensure that every athlete has access to the resources and support they need to succeed, both in and out of the ring.

MiCannes '22 a great success! Now preparing for MiCannes '23...

In December 2021, Reed Midem announced that Midem was cancelled, permanently. After 54 years, the annual habit of the music industry to descend on Cannes in the South of France to eat, drink and be merry (and do deals, meet like minds and conduct business) was to come to an unglamorous end.

Together with a band of legendary music industry stalwarts, New Media Law resolved to ensure that this demise was avoided. Along with a gathering of some of the MIDEM “Old Guard”, such as Nigel Elderton, Eddie Levy, John Saunderson, Dave Loader, Christian Ulf-Hansen, Jay Mistry, Rick Riccobono, David Stark, Ryan Edwards, Tony Byrne, Debs Wild, Malcolm Dunbar, Joel Jordan, Ian Titchener, Colin Peter, Darryl Ballantyne, Martin O'Shea, Emma Stakes, Jeff Liebenson and many others, New Media Law's Ian Penman formed a Committee, to ensure that the Midem spirit in Cannes did not die out. The new event was imaginatively dubbed “Music Industry Cannes” and a website created to guide the participants: www.MiCannes.com

Everyone descended on Cannes in early June, and took part in 4 days of networking, sponsored events, and general fun and mayhem, supported by key sponsors such as the PRS for Music, Audoo, LyricFind and of course New Media Law.

Some world class acts sponsored by PRS and Audoo played at the magnificent MJC Picaud Theatre - and the reaction was fantastic. 2022’s line up included:

DIRTY BLACK SUMMER

GABRIEL TEMPLAR

LAPELS (courtesy of Marquee Records)

IVY MAE

AMiR

The team is now preparing for MiCannes '23, which will take place in Cannes between 6 June and 9 June 2023. Make sure you book your flights and accommodation now, before they get booked and prices go up!

For more information - go to www.MiCannes.com

BUDGET CHANGES TO CAPITAL GAINS TAX RELIEF FOR BUSINESS OWNERS

The recent budget has announced changes to the conditions relating to the availability of Entrepreneurs Relief.

Draft legislation has been published but it is possible that the final legislation will differ from the drafts currently circulating.

Entrepreneurs Relief has the effect of reducing the amount of Capital Gains Tax paid on disposals of businesses, or shares in a personal company, to 10% on up to £10 million worth of lifetime gains.