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Greensill Gets 9-Year UK Director Ban Over Credit Suisse Loss

By Christopher Crosby

Lex Greensill has accepted a nine-year ban from serving as a U.K. company director, ending a legal challenge to government action following the collapse of his supply-chain finance firm, the Insolvency Service said Thursday.


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Top Stories
  • Elon Musk's face overlaid with a mobile phone displaying his AI developer company's logo
    Labour MP Sues Elon Musk's xAI Over Sexualized Deepfakes

    By Eddie Beaver

    A Labour MP has sued Elon Musk's artificial intelligence developer xAI in London, claiming that its Grok chatbot...(read more)

  • Dusseldorf, Germany, view over the harbour.
    Taylor Wessing's German Chief Says AI Upends Merger Math

    By Marialuisa Taddia

    Now that Taylor Wessing has officially split from its U.K. arm, the firm's global co-chair is rethinking the int...(read more)

  • Judge Says AI Could Be Used To Decide Simple Cases

    By William Janes

    High Court Judge Joanna Smith has said that artificial intelligence could be used to decide straight-forward cases such as traffic or parking disputes, telling a London conference that there was "definitely scope" for using AI in decision-making. 

  • DAZN Says Canal+ Owes €2M In Tennis Licensing Fees

    By Jamie Lennox

    Sports broadcaster DAZN has sued Canal+ for more than €2.1 million ($2.4 million) in a London court, accusing the French television company of failing to make numerous payments under their €30 million women's tennis licensing deal.

  • 5 Questions For HD Law Director Kevin Durkin

    By Alex Davidson

    The Financial Conduct Authority's long-awaited motor finance redress scheme is on hold because a consumer group and three lenders have referred it to the Upper Tribunal for judicial review, claiming it is unfair.

  • Ex-BDB Pitmans Client Loses Appeal To Dispute Fees

    By Hanna Vioque

    The Court of Appeal on Wednesday refused to let a former BDB Pitmans client challenge her fee agreement with the firm, ruling that the deal wasn't the kind of arrangement that would trigger statutory consumer protections. 

  • Google Ordered To Let Publishers Opt Out Of AI Search

    By Alex Baldwin

    The U.K.'s competition regulator said Wednesday it would require Google to let publishers opt to keep their content out of the tech giant's artificial intelligence search features, in a move to give media greater bargaining power to pursue licensing agreements.

  • UPC Appeals Court Stakes Authority Over UK Patent Claims

    By Jamie Lennox

    Appellate judges at the Unified Patent Court have resolutely confirmed that the unitary forum has the jurisdiction to hear infringement claims connected with the U.K. parts of European patents.

  • Dexia Says Torino Can't Invalidate Swaps In €400M Dispute

    By Sophia Dourou

    Dexia argued Wednesday at the start of a London trial that transactions it entered into with Italy's Comune di Torino to restructure the municipality's debt are valid and enforceable, in a dispute worth €400 million ($464 million).

  • Apple Gets 2nd Chance To Trim £3B ICloud Overcharge CPO

    By Eddie Beaver

    Apple can challenge a decision allowing part of a £3 billion ($4 billion) collective action over an alleged cloud storage monopoly to proceed, after a competition tribunal found Wednesday that the technology giant has a real prospect of succeeding on appeal.

  • FCA Warns Football Clubs On Unauthorized Sponsors

    By Irene Madongo

    Britain's financial watchdog said Wednesday it has warned football clubs about sponsorship deals from unauthorized financial companies that could potentially expose them to legal risks and their fans to the danger of losing money.

  • Sherwin-Williams, Nippon Paint Drop €12.5B AkzoNobel Bid

    By Najiyya Budaly

    U.S. paint maker Sherwin-Williams and Nippon Paint of Japan said Wednesday that they have abandoned their €12.5 billion ($14.5 billion) pursuit of AkzoNobel after the owner of the Dulux brand rejected their advances.

  • Coca-Cola Ex-GC Says AI Is Driving Up Lawyers' Workloads

    By Marialuisa Taddia

    A former general counsel of Coca‑Cola said artificial intelligence is increasing lawyers' workloads, as they race to keep up with clients empowered by the technology to bring forward claims.

  • Motorist Group Denied Entry To 'Dieselgate' Stellantis Claim

    By Ronan Barnard

    A London judge denied a group of motorists permission to join the major group "Dieselgate" litigation against the Stellantis auto group, ruling Tuesday that they had not kept to the deadline to join the action.

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Trending on Law360 UK

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  • Indian MP Seeks Assets Moved Amid Helicopter Bribery Probe
  • Windhorst Loses Challenge To Prison Sentence For Contempt
  • Coca-Cola Ex-GC Says AI Is Driving Up Lawyers' Workloads
  • Motorist Group Denied Entry To 'Dieselgate' Stellantis Claim
  • Insurers Will Pay Bulk Of $10M Wrongful Conviction Deal
  • Pogust Goodhead Loses Bid To Void £2M Success Fee Deal
  • FCA Warns Football Clubs On Unauthorized Sponsors
 
 
 

From The Courtroom

  • Betfair Failed To Protect Deceased Gambler, Family Alleges
  • Rolls-Royce Wins Bid To Pursue Software Boss For Contempt
  • UK Athletics Faces Fine For UAE Shot-Putter's Manslaughter
  • 2 Men Worked 'As A Team' In Illegal Arms Deals, Jurors Told
  • Energy Biz Can't Block South Sudan Oil Sales In £142M Battle
  • Barrister Fined £3K For Calling Woman A 'Goat Farmer'
  • Ex-CPS Prosecutor Struck Off After Child Cruelty Conviction
  • Fired Academic Appeals For Free Speech Protections
  • Bolt Argues Ride-Hailing Apps Qualify For UK VAT Break
  • Ex-Austrian Bank CEO To Plead Out In $170M Odebrecht Case
 
 
 

Expert Analysis

  • 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)
  • Antonio Lanotte
    EU Risks Falling Behind With Delay In Digitization Rule Fixes
    With financial organizations calling for the European Union to fast-track modifications to the Distributed Ledger Technology Pilot R... (read more)
  • Michael Davar
    Darchem Ruling Clarifies Status Of JV Members' Solo Claims
    The High Court’s recent decision in Darchem Engineering v. Bouygues on whether individual members of an unincorporated joint venture... (read more)
  • Read More Expert Analysis

 
 
 

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