Top Stories

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  UK Bank Failed To Spot Coercion In Mortgage Case

  By William Janes

  Britain's highest court ruled on Wednesday that a bank had a duty to check whether a woman was under the undue i...(read more)

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  Kennedys' Revenues Top £400M In New Record For Firm

  By Ashish Sareen

  Kennedys said Wednesday that it has posted revenues of more than £400 million ($540.8 million), a figure that sm...(read more)

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• DWF Argues Privacy Claim A Litigation Ploy At Trial

  By Sophia Dourou

  DWF Law LLP argued at trial Wednesday that a claim by three people that the law firm unlawfully shared their health data was only brought to "secure an advantage" for their lawyers in separate proceedings against insurers.

• EU Copyright Rules Not Built For AI Training, Lawmakers Told

  By Jamie Lennox

  The European Union's existing copyright exceptions for data mining should not extend to the development of artificial intelligence models, experts argued on Wednesday in the bloc's Parliament.

• Lawyer Given Suspended Sentence In Germany Over Cum-Ex

  By Josh White

  A business lawyer who was partly responsible for running a €428 million ($488 million) tax fraud scheme was issued a suspended sentence of almost two years, according to a verdict Tuesday in a Bonn court.

• HS2 To Pay £319K Over Whistleblower's Exclusion

  By Tabitha Burbidge

  The company behind high-speed rail project HS2 has agreed to pay a former analyst more than £319,000 ($431,500) after he accused the company of excluding him from two roles following his warning that cost forecasts were being manipulated to secure funding.

• Travers Smith Promotes 9 To Partnership In Expanded Round

  By Tabitha Burbidge

  Travers Smith LLP said Tuesday that nine lawyers across its practice groups are being promoted to the partnership, a move that expands the firm's leadership in areas such as financial regulation and transactional work amid ongoing efforts to deepen its bench following recent departures.

• Ex-Hedge Fund Analyst Driven By Greed, FCA Tells Jurors

  By Christopher Crosby

  A former hedge fund analyst roped his sister, his best friend and the best friend's girlfriend into a "rigged" insider trading scheme from their small flats during the COVID-19 pandemic for a "very old" yet "very simple" reason, prosecutors told jurors in London on Tuesday — "greed."

• Media Biz Founder Sues BC Partners Unit Over €200M Bonus

  By William Janes

  A business controlled by the founder of United Group BV has accused the private equity-owned holding company of the telecommunications firm of refusing to pay a €200 million ($228 million) bonus allegedly due on the €1.5 billion sale of two subsidiaries.

• UPC Stands Firm On Jurisdiction Over Pre-2023 Events

  By Jamie Lennox

  An appeals panel at the Unified Patent Court has denied a claim from a printing company that it cannot rule over disputes dating from before it opened its doors in June 2023, declining to ask the EU's top court to consider the matter.

• UK Gov't Backs Legal Tech To Modernize Dispute Resolution

  By Joanne Faulkner

  The government is committed to investing in legal technology as part of its growth agenda and to help ensure that dispute resolution "evolves with the times," a minister told a legal conference in London on Tuesday.

• KKR Quits Thames Water Rescue, Renationalization Risk Up

  By Najiyya Budaly

  Private equity heavyweight KKR has pulled out of plans to help rescue debt-laden Thames Water, the U.K.'s largest water utility company said Tuesday, leaving it vulnerable to special administration and even renationalization as a final option.

• Peers Go To Bat Again Over AI Copyright Concerns

  By Alex Baldwin

  Peers voted once more on Monday to introduce an amendment requiring artificial intelligence companies to be transparent about the copyrighted works they are training data on, in the third round of pingpong over the issue.

• Latham Takes A Team Of 11 From A&O Shearman

  By Ashish Sareen

  Latham & Watkins LLP said Monday it has significantly bolstered its structured finance transactions practice by taking on a team of 11 lawyers from A&O Shearman in London.