Top Stories

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  Cleary Sues Atalian Client It Advised On Proposed CD&R Sale

  By Ashish Sareen

  Cleary has sued a holding company in the Atalian Global Services group after representing it in the proposed 202...(read more)

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  TikTok Can't Scrap £12.7M Fine For Misusing Children's Data

  By Eddie Beaver

  TikTok has failed to overturn a fine of £12.7 million ($17.1 million) over its unlawful processing of children's...(read more)

• Axiom Ince Administrators Sue Accountants For Negligence

  By Ronan Barnard

  Administrators for Axiom Ince have sued the collapsed law firm's chartered accountants for alleged negligence, according to an entry on the High Court's register that has now been made public.

• FCA Eases London IPO Rules To Cut Costs For Issuers

  By Alex Davidson

  The Financial Conduct Authority finalized rule changes on Wednesday that will make it easier and cheaper for companies to issue their shares on the London Stock Exchange.

• Santander Clears Final Hurdles For $12B Webster Deal

  By Najiyya Budaly

  Spanish banking giant Santander said Wednesday that its $12.3 billion cash-and-share acquisition of Webster Financial Corp. has gained all the necessary regulatory approvals, paving the way for the transaction to close later in August.

• Hendrix Bandmates' Estates To Appeal Sony's Royalties Win

  By Jamie Lennox

  The estates of Jimi Hendrix's former bandmates are set to appeal against a London court ruling that Sony does not owe them any royalties from its streaming of the band's back catalog in the U.K.

• Fieldfisher Wins Redo Of Associate Sexual Misconduct Case

  By Ronan Barnard

  Fieldfisher won its bid to have a ruling it had unfairly dismissed a senior associate overturned Tuesday, when a London appellate tribunal found that an employment tribunal was wrong to find that a woman who accused the associate of sexual assault had lied.

• Academic's Anti-Zionist Protected Beliefs Upheld On Appeal

  By Hanna Vioque

  The University of Bristol failed Tuesday to overturn a finding that it unfairly sacked a professor for saying that Zionism is a racist ideology, as an appellate tribunal confirmed that his views are protected beliefs. 

• Gatwick Set For £2.2B Expansion As Legal Challenge Fails

  By Eddie Beaver

  Gatwick Airport can go ahead with its £2.2 billion ($3 billion) expansion after an appeals court refused on Tuesday to grant campaigners permission to challenge government approval for a second runway over concerns about climate change.

• Apple Files Fresh Legal Challenge To UK Encryption Demands

  By Christopher Crosby

  Apple has filed a fresh claim contesting the British government's latest demand for a back door to gain access to encrypted customer data in a new legal challenge at the Investigatory Powers Tribunal, the technology giant confirmed Tuesday. 

• REIT Segro Accepts £14B Linklaters-Backed Prologis Offer

  By Najiyya Budaly

  The board of U.K. REIT Segro said Tuesday it has agreed to a £14 billion ($18.8 billion) share offer from U.S. rival Prologis, with a partial cash alternative, in a deal that will list the enlarged group in London.

• Lender MFS Sues Barclays Over Fallout From £1B Insolvency

  By Eddie Beaver

  The administrators of Market Financial Solutions have sued Barclays at a London court seeking to reclaim funds after the mortgage lender fell into insolvency with debts of more than £1 billion ($1.3 billion), including approximately £600 million owed to the bank.

• UK Can Withhold Special Forces Intel In Kuwait Hostage Claim

  By Eddie Beaver

  The government can keep sensitive documents secret from passengers and crew suing over allegations that it used a British Airways flight to insert intelligence operatives into Kuwait before Iraq invaded its neighbor in 1990, a London court has ruled.

• FCA Sets Rules To Cut Transaction Reporting Costs By £108M

  By Alex Davidson

  The Financial Conduct Authority said Monday that it has finalized simpler rules on transaction reporting that will save the investment industry £108 million ($145 million) a year and boost Britain's competitiveness.