- 31 May 2017
- Corporate and M&A
Clarkslegal, led by corporate lawyers Jon Chapman and Esma Kilic, advise OASIS Group on its latest UK acquisition. OASIS Group is one of the fastest growing records and information management (RIM) companies in Europe.
The target had recently entered into negotiations with a large corporate to migrate all of its records to the target from another RIM provider, following that RIM provider’s breach of data protection laws. Getting a termination notice as a result of a failure to protect customer data properly is a costly reminder that data protection is a major consideration for customers (not to mention that it is a legal requirement).
Esma Kilic commented:
“It’s great to be working with the OASIS Group. One company’s misfortune is another, competing company’s opportunity, as it was here.”
The significance of effective management, storage and protection of information (physical or electronic) cannot be stressed enough. It is one of the sure fire ways to maintain your reputation and prevent customers leaving you for your competitors.
Chambers and Partners
“Very professional, knowledgeable and accessible lawyers.”
This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full General Notices on our website.