Top Stories

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  IP Owners Urge New Labour Leader To Prioritise AI Concerns

  By Alex Baldwin

  Creatives and rightsholders have renewed calls for Britain's next prime minister to protect intellectual propert...(read more)

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  AI Hallucination Libel Claims Poised To Reach UK Courts

  By Joanne Faulkner

  Disputes over false information generated by artificial intelligence tools are poised to reach the English court...(read more)

• Bank To Pay £31.7M To WealthTek Clients Exposed To Risk

  By Alex Davidson

  The Financial Conduct Authority said Thursday that it has censured asset servicing bank Caceis UK, which has agreed to make a £31.7 million ($41.9 million) voluntary payment to compensate clients of the now defunct WealthTek for losses after failing to act on financial crime risk.

• Kirkland, Paul Weiss Guide Bain's €7.4B VW Unit Deal

  By Najiyya Budaly

  U.S. investment company Bain Capital will buy a majority stake in Volkswagen's marine and power engines subsidiary Everllence in a deal valued at €7.4 billion ($8.4 billion), the companies said Thursday.

• Ryanair Blocked Pilot Who Sued From Promotion Track

  By Adele Redmond

  Ryanair unlawfully blocked a pilot who alleged race discrimination from joining its program for promotion to captain, a partially successful case brought against the airline has revealed.

• Google Must Disclose DOJ Probe Docs In £14B Class Action

  By William Janes

  A tribunal has ordered Google to hand over documents from an investigation by the U.S. Department of Justice, requiring it to disclose the information in a £13.6 billion ($17.9 billion) class action that alleges the technology giant abused its dominance in the advertising market.

• Starmer-Era Court Reforms Face Pushback As Cases Pile Up

  By Marialuisa Taddia

  The number of pending cases in magistrates' courts rose 11% in the three months to the end of March, according to statistics released Thursday, prompting renewed calls for Keir Starmer's successor to abandon plans to shift more cases into the lower criminal courts.

• Ashurst, Perkins Coie-Led HB Fuller Bids £715M For UK Biz

  By Najiyya Budaly

  H.B. Fuller has agreed to acquire British wound care technology developer Advanced Medical Solutions for £715 million ($943 million) as the U.S. adhesives maker expands its medical business, the companies said on Thursday.

• EasyJet Rebuffs £4.9B Castlelake Bid, Open To Higher Offer

  By Najiyya Budaly

  The board of easyJet said Thursday that it has batted away a fourth approach from Castlelake LP for "substantially undervaluing" the budget airline at £4.9 billion ($6.5 billion), but said that it is open to "a more attractive proposal."

• Banks Defeat FOS Bid To Revive Historic Loan Complaints

  By Alex Davidson

  A group of major U.K. banks fended off on Wednesday an attempt by the Financial Ombudsman Service to investigate customer complaints over historic lending, which they argued could have opened the floodgates to thousands of more claims.

• Michelle Mone Sued By PPE Medpro Amid COVID Scandal

  By Sophia Dourou

  Michelle Mone has been sued by PPE Medpro, a medical equipment company linked to the House of Lords peer, which was wound up after it was ordered to repay the government £122 million ($160 million) for supplying unsafe surgical gowns during the COVID-19 pandemic.

• White & Case, Laytons Sued For £2M Over Flawed Tax Advice

  By Max Austin

  A lettings agency has accused White & Case and Laytons of causing it more than £2.6 million ($3.4 million) in tax liabilities after the law firms allegedly failed to identify that an offshore trust structure was subject to U.K. income tax.

• NHS Trust Pays £187K In Nurses' Trans Policy Dispute

  By Hanna Vioque

  A National Health Service trust has paid £187,000 ($246,000) and apologized to seven female nurses after an employment tribunal ruled that it discriminated against them by allowing a transgender coworker to access single-sex changing rooms, the nurses' lawyers confirmed on Wednesday.

• Nokia Gets Interim Payments In Paramount Patent Case

  By Jamie Lennox

  A London court granted Nokia interim payments from Warner Bros. and Paramount on Wednesday, while the Finnish tech company awaits a final decision on a license covering its video-coding patents.