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BREAKING: Former OPEC Head Acquitted In London Bribery Trial

By Ronan Barnard

A former Nigerian oil minister and two alleged associates were cleared by a London jury on Wednesday of accepting or seeking bribes from energy executives.


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Top Stories
  • Logo of streaming company on a phone and on a light blue background.
    InterDigital Wins Disney+ Restrictions In 11 EU States

    By Jamie Lennox

    InterDigital has secured a Unified Patent Court injunction against Disney over its video-coding patent in 11 Eur...(read more)

  • Close up of the sign on a government building representing the U.K. tax authority.
    HMRC Wins Top Court Case On Taxation Of Partnership Pay

    By Sophia Dourou

    Britain's top court ruled on Wednesday that deferred pay distributed to individual partners at a foreign exchang...(read more)

  • Travel Tech Co. Hit With Record £1M Russian Sanctions Fine

    By William Janes

    The U.K. government hit travel business Sabre Global Technologies Ltd. with a record £1 million ($1.34 million) fine for repeatedly breaching Russian sanctions by providing services to a sanctioned Russian airline.

  • Visa Sued By H&M, Eurostar In Latest Swipe Fees Case

    By William Janes

    More than 30 major businesses and institutions including H&M, Heineken and a university have sued Visa at a London court, alleging that the payment card company's fees and rules restricted competition and drove up prices.

  • Ex-Media Biz Chair Tests Scope Of Directors' Good-Faith Duty

    By Eddie Beaver

    The former director of a media company told Britain's top court Wednesday that he should not be forced to buy out a minority shareholder after he obstructed the sale of the business, claiming he believed delaying a sale was in its best interests.

  • Finnish Biz To Buy AI Weather Forecaster For Up To $130M

    By Najiyya Budaly

    Finnish measurements company Vaisala said Wednesday that it will buy U.S. AI weather forecaster Atmo in a deal worth up to $130 million as it seeks to expand its technology-based meteorology technology services.

  • Qualcomm Deal Sets Marker For Zero-Payout Settlements

    By Joanne Faulkner

    The first-of-its-kind ruling ending a £482.5 million ($648 million) collective action against Qualcomm provides crucial guidance on how the courts will scrutinize settlements that leave class members without compensation, lawyers say.

  • Accord Sues Takeda Unit To Upend Crohn's Treatment Patents

    By Max Austin

    Accord has sued a unit of pharma giant Takeda to revoke two of its patents covering treatment regimens for Crohn's disease, arguing that similar methods were explored in research elsewhere before the unit sought patent protection.

  • FIFA Won't Pass On IP Defense At The World Cup

    By Alex Baldwin

    Harry Kane and Jude Bellingham won't be the only ones who need to be on form at the World Cup as England kicks off its World Cup campaign on Wednesday — lawyers say that FIFA's IP enforcement squad will be scouting for illegal broadcasts and ambush marketing to ensure its rights are protected.

  • KC Defends Gardener Trust Deal In £2M Evasion Trial

    By Sophia Dourou

    A senior barrister accused of cheating the public purse out of almost £2 million ($2.7 million) argued Tuesday that his former gardener perfectly understood that an agreement to be compensated for his services via a trust was not binding.

  • Fitch Accused Of Inflating Debt Ratings Before 2008 Crash

    By Eddie Beaver

    Fitch Ratings secretly adjusted its credit rating models in the run-up to the 2008 financial crisis to generate artificially high credit ratings for complex debt investments, motivated by a desire to grow its revenues, an investment firm said in its latest claim against a major rating agency. 

  • Fieldfisher Fights Unfair Dismissal Ruling Over Assault Probe

    By William Janes

    Fieldfisher urged an appeals court on Tuesday to overturn a ruling that it unfairly dismissed an associate after an internal investigation into sexual assault allegations, arguing that a judge impermissibly found that the woman who accused the lawyer had lied.

  • Russian Shadow Fleet Ship Captain Charged Over Sanctions

    By Christopher Crosby

    Prosecutors have charged the captain of a Russian shadow fleet oil tanker with circumventing the U.K.'s sanctions after the vessel was seized by special forces in the English Channel on Sunday.

  • FCA Eyes Higher Fines After Setbacks In Staley Case

    By Christopher Crosby

    The financial regulator has said it plans to hike the fines it imposes on individuals for misconduct following a series of legal setbacks that slashed its sanctions against senior executives. 

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Trending on Law360 UK

  • Fitch Accused Of Inflating Debt Ratings Before 2008 Crash
  • FCA Eyes Higher Fines After Setbacks In Staley Case
  • Fieldfisher Fights Unfair Dismissal Ruling Over Assault Probe
  • German Gov't Rejects UniCredit Pursuit Of Commerzbank
  • Qualcomm Deal Sets Marker For Zero-Payout Settlements
  • KC Says He Was Entitled To Cut Tax Bill In £2M Evasion Case
  • AXA Sued Over Refusal To Pay Out For Cancer Cover
  • KC Defends Gardener Trust Deal In £2M Evasion Trial
  • Mishcon Can't Assert Privilege Over Funder Docs In Uber Row
 
 
 

From The Courtroom

  • Doctor Alleges Discrimination Over 'Anti-Zionist' Gaza Posts
  • Ex-Bank Chief Admits Role In Odebrecht Tax Evasion Plot
  • British Airways Hotel Costs Are Tax-Deductible, Tribunal Told
  • Ex-Moelis Banker Avoids Prison After US Trip To Admit Guilt
  • KC In £2M Evasion Case Defends 'Efficient' Tax Setup
  • 2 Men Guilty Of Selling Arms To Libya, Syria, S. Sudan
  • Forex Co. Placed In Administration Over Client Money Gap
  • British Airways Owes £5.8M Tax Over Hotel Stays, HMRC Says
  • Property Developer Accused Of £2.3M Rent Fraud
  • Duo Can't Halt Extradition To US Over $22M Phishing Fraud
 
 
 

Expert Analysis

  • Rory Spillman
    FCA-Approved Firms Get Liability Clarity On Appointed Reps
    The recent U.K. Supreme Court judgment in Kession Capital v. KVB Consultants, turning on the construction of Section 39 of the Finan... (read more)
  • Anna Lyle-Smythe
    EU Merger Overhaul Gives New Weight To Deal Efficiencies
    The European Commission’s recently published draft merger guidelines mark a recalibration rather than a revolution, yet by elevating... (read more)
  • Jason Hewitt
    How UK Security Act Plans Will Affect Foreign Investors
    The U.K. government's recently proposed changes to the scope of National Security and Investment Act transaction screening for forei... (read more)
  • Martin Mekat
    Lidl Case Puts Loyalty Apps In Consumer Rights Spotlight
    The German Federal Court of Justice's imminent ruling on Lidl's use of loyalty apps could clarify whether retailers must disclose a ... (read more)
  • John Cassels
    Compliance Landscape Shifts As CMA Targets Fake Reviews
    The Competition and Markets Authority’s investigations into five companies’ alleged misleading online reviews are the first use of i... (read more)
  • Read More Expert Analysis

 
 
 

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