Top Stories

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  Blur Drummer Says PRS Royalties CPO Was Wrongly Axed

  By Eddie Beaver

  Blur drummer Dave Rowntree told an appeals court on Thursday that an antitrust tribunal wrongly refused to certi...(read more)

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  MFS Auditors Probed Following Mortgage Lender's Collapse

  By Christopher Crosby

  The U.K.'s accounting watchdog opened an investigation on Thursday into the conduct of individuals and firms inv...(read more)

• RPC-Led Frasers Mulls €2B Takeover Offer For Hugo Boss

  By Dawood Fakhir

  Frasers Group PLC said Thursday that it plans to launch a voluntary public takeover offer for all the shares of Hugo Boss AG that it does not already own for approximately €1.98 billion ($2.3 billion).

• Squire Patton Settles £3.7M Claim Over Advice On Tech Deal

  By Jamie Lennox

  Squire Patton Boggs LLP has settled a claim in a London court that it caused a software company to lose £3.7 million ($4.9 million) through faulty advice on intellectual property ownership in a buyout of a rival.

• KC Says HMRC Tried To 'Cancel' Him In £2M Evasion Case

  By Sophia Dourou

  A senior tax barrister told a court Wednesday that HM Revenue and Customs prosecuting him for evading almost £2 million ($2.7 million) in tax was its way of "canceling" a person the tax authority found "extremely inconvenient."

• Kennedys Hits £457M As North America Revenue Surges

  By Marialuisa Taddia

  Kennedys said Wednesday that revenue in North America grew by more than 22% in its latest financial year, driven by strategic lateral partner and group hires as the firm remains open to more merger opportunities in the world's largest legal market.

• Everton Must Pay Burnley £35M For Violating League Rules

  By Jamie Lennox

  Everton must pay Burnley £35 million ($47 million) in compensation for violating the Premier League's financial regulations several seasons ago, an independent commission ruled in a decision released Wednesday.

• Failure To Reform Funding Rules May Cost UK Courts

  By Joanne Faulkner

  The government's continued failure to adopt recommendations to reform the litigation funding market is driving potential claimants away from the U.K. and pushing investment toward rival jurisdictions, lawyers and funders have warned.

• Class Rep Seeks To Pull Fender CPO Over Funding Shortfall

  By Eddie Beaver

  A consumer rights lawyer sought on Wednesday to withdraw a proposed class action against Fender, Yamaha and other musical instrument manufacturers, saying she had been unable to secure litigation funding despite years of efforts to pursue resale price maintenance claims.

• Innsworth Loses Bid To Up Slice Of £200M Mastercard Deal

  By Joanne Faulkner

  A London court rejected Innsworth's bid on Wednesday to challenge the distribution of a £200 million ($268 million) settlement with Mastercard, backing the finding of an appeals tribunal that a greater return for the funder would have been "excessive."

• J&J Talc Claimants Win OK For UK Group Asbestos Suit

  By Joanne Faulkner

  Thousands of women were granted permission on Wednesday to join together in litigation accusing Johnson & Johnson of knowingly selling baby powder in the U.K. that was contaminated with asbestos.

• MPs Want Appeals Route For Judge-Only Complex Cases

  By Christopher Crosby

  Defendants charged with economic crimes who are facing trial by a sole judge should be allowed to appeal for their case to be heard by a jury, British lawmakers said Wednesday in a pushback against the government's landmark criminal justice reforms.

• Burford Sees Growing Market For Stakes In Elite Firms

  By Marialuisa Taddia

  Burford Capital plans to step up minority equity investments in elite law firms in the U.K. and U.S. that already use its litigation finance, as investor appetite for law firm equity increases, the firm's new London-based chief operating officer told Law360.

• MPs Push EHRC To Explain How Single-Sex Code Will Work

  By Adele Redmond

  Senior figures at the U.K.'s equality watchdog struggled to explain how its new code of practice on providing single-sex services can be practically implemented, telling a parliamentary committee on Tuesday that organizations should take a "common sense" approach to avoid litigation.