Top Stories

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  Athora Raises €3.5B As Deal For Insurer PIC Gets Green Light

  By Martin Croucher

  Retirement savings giant Athora Holding Ltd. has said it has raised €3.5 billion ($4 billion) to fund its acquis...(read more)

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  Gov't Launches New Fraud Squad To Fight Online Scams

  By Christopher Crosby

  A new fraud squad designed to crack down on online fraud and overseas scam compounds will begin operations in Ap...(read more)

• Home Office Sets Out Anti-Fraud Rule Changes For Crypto

  By Alex Davidson

  The Home Office set out on Monday a plan to combat cryptocurrency and investment scams and money laundering by international financial crime groups, and said it will make regulatory changes.

• Annington Sued By Trustees Amid £730M Bond Default Row

  By Lucia Osborne-Crowley

  Annington Funding PLC has been hit with a legal claim from its trustees over an alleged default on £730 million ($978 million) of debt linked to Annington's sale of thousands of U.K. military homes back to the Ministry of Defence.

• Lords Call Again For Strong IP Protections Against AI

  By Alex Baldwin

  Peers have once again called for the introduction of significant restrictions on artificial intelligence companies to protect the rights of creatives, as the government remains silent on the topic of AI and copyright.

• PM Law Clients Get £9M Back So Far After Firm Collapsed

  By Marialuisa Taddia

  The Solicitors Regulation Authority said Friday that it has already paid out £9 million ($12 million) to clients of PM Law Ltd. after the firm abruptly closed earlier in February.

• Freshfields Helps Axel Springer's £575M Telegraph Group Deal

  By Najiyya Budaly

  Politico owner Axel Springer SE said Friday that it will buy Telegraph Media Group for £575 million ($767 million) from RedBird IMI, beating a contentious rival deal from the owner of the Daily Mail.

• UK Insurers Hold Cover For Persian Gulf Shipping, At A Price

  By Martin Croucher

  Insurers in the specialist London market continue to provide insurance for high-risk shipping in the Persian Gulf despite the intensifying war with Iran, market experts say, but the price of cover has soared to eye-watering levels.

• Meta Agrees To Let Rival AI Bots On WhatsApp In Europe

  By Matthew Perlman

  Meta Platforms will let rival artificial intelligence providers back on its WhatsApp service in Europe for a fee for the next year, after enforcers threatened to impose restrictive measures as part of an antitrust investigation, the company confirmed Thursday.

• Shakespeare Martineau Beats £1.3M Divorce Negligence Case

  By William Janes

  A former client of Shakespeare Martineau LLP has lost her bid to revive a £1.3 million ($1.7 million) negligence case over advice given to her by the firm's predecessor about a divorce settlement, as an appeals court ruled on Thusday that she brought her claim too late.

• BAT Sued By Investors Over North Korean Sanctions Breach

  By Christopher Crosby

  Investors have sued British American Tobacco in England over the cigarette company's failure to disclose information about its activities in North Korea, which led to it paying U.S. authorities hundreds of millions of dollars for violating sanctions.

• Water Cos. Beat Attempt To Revive £800M Sewage Claim

  By Sophia Dourou

  An environmental consultant cannot revive an £800 million ($1.1 billion) collective action against water utility companies for their allegedly underreported sewage discharge after a divided Court of Appeal held Thursday that misleading of the industry regulator was an "essential ingredient" of the claim.

• Simmons & Simmons Tackles AI Privilege Risks In New Guide

  By Marialuisa Taddia

  Simmons & Simmons said Thursday that it has published new guidance for clients and other law firms on preserving legal privilege when lawyers use generative artificial intelligence, following recent rulings on the issue in the U.S. and U.K.

• Addison Lee Drivers Seek £20M After Worker Status Win

  By Jamie Lennox

  Lawyers at Leigh Day have estimated that Addison Lee taxi drivers could win more than £20 million ($26.7 million) in total compensation after convincing a tribunal that they hold worker status under U.K. employment law.