Adam Chernichaw

Other noteworthy experience

Advising:

• A global financial institution. Represented a global financial institution in connection with advice on a strategic, multi-year partnership with Google Cloud aimed at accelerating the bank’s transition to cloud services and the co-innovation of new products and services.
• A public petroleum and natural gas company. Representing a public petroleum and natural gas company and its IT and services subsidiary for over a year on a strategic outsourcing for systems integration, application development and maintenance for IT systems to run one of the largest integrated chemical facilities in the world. These facilities are currently being built as part of a recently announced US$20 billion Sadara Chemical Company joint venture between the company and Dow Chemical. The transactions include four separate Framework Agreements covering the complete automation of the facilities and integration of the systems of the various facilities that are associated with the project.
• A global financial institution. Represented a global financial institution in outsourcing certain human resources functions (such as recruitment processes, travel and entertainment services, background screening, commission payment and employee benefit plan administration) and "software as a service" transactions.
• Grupo Bimbo. Represented an international baked goods company in one of the largest information technology outsourcing transactions for Latin America.
• Verizon Wireless. Represented Verizon Wireless in connection with the "Softcard" joint venture, with other major wireless carriers, for the development of a wireless payment platform. Work included advising on the structure of technology and IP contributions, vendor selection and negotiation of the sourcing and licensing arrangements with the various parties engaged to build the platform, commercial terms and potential royalty and value streams, as well as the rights as between the venture and the participating carriers and third-party licensees.
• Tribe Mobile. Represented Tribe Mobile in connection with its strategic partnership with the Virgin Group to launch Virgin as a branded mobile virtual network operator (MVNO) in the Latin American region.
• Global Financial Institution in the outsourcing of its asset management investment platform – one of the largest outsourcing deals of its kind at the time – to BlackRock. The solution offered a highly scalable system with the ability to evolve with the client’s needs.

Published work

• "Crypto-tunities: Transaction strategies in the challenging crypto markets'", Allen & Overy update, July 13, 2022

• "Oh no, where's my crypto? What happens to crypto assets when a custodian fails", Allen & Overy update, June 23, 2022

• Chernichaw, Petrasic, Shukla and Bronfrieund (2018) “The Year of Blockchain: Global Legal Framework Begins to take Form”, SA Financial Regulation Journal.

• Chernichaw (2017), Introduction and Contributing Author for “Chambers 2017 Legal Developments in the Global FinTech Sector Guide"