Top Stories

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  UK Insurer Beazley Backs £8.2B Zurich Takeover

  By Najiyya Budaly

  British insurer Beazley said Monday that it has accepted an £8.2 billion ($11 billion) cash takeover offer from ...(read more)

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  Yukos Shareholders Win $66B Judgment Against Russia

  By Lucia Osborne-Crowley

  Investors in Yukos Oil won their battle with the Russian government on Monday as the High Court ruled that the f...(read more)

• Rio Tinto's AI Push Pressures Law Firms To Share Savings

  By Marialuisa Taddia

  As in‑house legal teams turn to artificial intelligence to boost their own productivity, they are increasingly losing patience with law firms that don't pass on similar efficiency gains, Rio Tinto's digital transformation manager said in an interview.

• SFO Denied Final Chance To Cut $128M From ENRC Damages

  By Christopher Crosby

  The Serious Fraud Office cannot slash its potential payout to Eurasian Natural Resources Corp. by $128 million over its unsuccessful criminal investigation after Britain's highest court refused to weigh in on the case, the parties confirmed on Monday.

• Gov't U-Turns On Pledge To Ban Unpaid UK Internships

  By Adele Redmond

  The government will not ban unpaid internships, after making a manifesto commitment to do so, and will instead pursue new guidance to encourage employers to pay at least the national minimum wage.

• UK Record Labels Say US Rap Duo $uicideboy$ Infringed IP

  By Jamie Lennox

  Two British record labels have told a London court that U.S. rap duo $uicideboy$ infringed their copyright by sampling music from movie soundtrack composer Mica Levi without permission.

• Europe Floats Secondary Market For Private Co. Shares

  By Najiyya Budaly

  The European Union said Monday that it is weighing the creation of a platform for investors to trade shares in private companies, as exit opportunities for private equity continue to dry up meaning that startups are being forced outside of Europe to secure funding.

• CMA Probes Hilton, IHG, Marriot Over Potential Data-Sharing

  By Tom Fish

  The antitrust watchdog said Monday that it has opened a formal investigation into whether three major hotel groups and a data provider illegally shared commercial information that could weaken competition.

• AI Witness Statements Rules Risk Being Unhelpful To Lawyers

  By William Janes

  Proposed rules that would require litigators to declare that they have not used artificial intelligence tools to prepare witness statements for trial could be unnecessary and impractical, lawyers say.

• World Rugby Denies Liability In Ex-Players Brain Injury Claim

  By Sophia Dourou

  A governing body for rugby union has denied liability in a negligence case brought by hundreds of former players who claim they suffered brain injury caused by repeated concussions, saying that injury is a "foreseeable and inherent risk" of the sport.

• UK Plans To Expand Collective Redundancy Talks For Millions

  By Adele Redmond

  The plan to expand employers' duty to consult staff and their unions about job cuts could improve protection for an additional 16.1 million workers — but a quarter of small and midsized businesses would be exempted when 250 or more redundancies are on the table, an official analysis says.

• 5 Questions For Kennedys' Ash Daniells On FOS Reforms

  By Alex Davidson

  The government is reforming the Financial Ombudsman Service, which settles claims between consumers and regulated financial businesses. The reforms come after years of complaints that the ombudsman is not working efficiently, but the proposals have attracted wide criticism.

• Top Barclays Exec Named As Head Of UK Banking Watchdog

  By Tom Fish

  The Bank of England said Friday that senior Barclays executive and former Treasury official Katharine Braddick has been appointed as the next head of the U.K.'s main banking watchdog. 

• 'A Recipe For Disaster': How SFO's London Mining Case Sank

  By Christopher Crosby

  The decision by the Serious Fraud Office to abandon its long-running prosecution of former executives at London Mining has led to renewed scrutiny of its handling of online disclosure of evidence and its broader approach to investigations and technology.