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Thu, May
42 New Articles

Ellex has advised on the privatization of Operail’s business operations via a sale of its business operations along with its subsidiary Operail Repairs for EUR 19 million to Tiigi Keskus, an Estonian company that won the sale auction. Sirel & Partners advised Tiigi Keskus.

TGS Baltic has advised the metal band Horror Dance Squad on finalizing the recording and publishing contracts with the Swedish record label Icons Creating Evil Art.

Presumably many of us have watched Bonanza when they were younger. Bonanza is an American Western TV series about the Wild West of the 1860s. It wasn’t an easy life – lawlessness reigned, and justice was only for the strong.However, in 2024, it’s a different story – the laws are in place and being effectively enforced. The development and use of artificial intelligence is no longer a lawless environment. Existing regulations remain in place, and now a new Artificial Intelligence Regulation has entered into force, carrying hefty fines of up to €35 million or up to 7% of a company’s global turnover. So, the answer to the question in the headline is already a pre-emptive 'no'.