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PetroSaudi Can't Tap 1MDB Funds Held By UK Law Firm
A London court has prevented a Saudi oil company from getting at $325 million allegedly connected to the Malaysian state investment fund scandal, ruling on Friday that allowing it to dip into the pot held by Clyde & Co would expose the law firm to the risk of prosecution by U.S. authorities.
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Two supermarket chains are going head-to-head in London over a trademark infringement claim after U.K. grocery giant Tesco ran a low-price marketing campaign using a sign that German discounter Lidl says deliberately reminds shoppers of its own branding.
A London judge ruledt Barclays does not have to pay PCP Capital Partners £679 million ($945 million) despite lying about an emergency fundraising drive, saying Friday that the private equity firm had no chance of getting the financing needed to profit from the deal.
The European Union has extended financial sanctions on Belorussian President Alexandr Lukashenko and 87 government officials and businesspeople benefiting from his regime in connection with last August's disputed presidential election.
A group of 17 elite gymnasts backed by Hausfeld LLP accused British Gymnastics of subjecting them to physical and mental abuse in a letter of claim on Thursday, the first formal step in a legal battle seeking compensation over the scandal.
Britain's Serious Fraud Office has charged a former biodiesel trader with fraud and money laundering in connection with its investigation into the sustainable fuel sector, the anti-graft agency said Thursday.
A London judge dismissed a five-star hotel's lawsuit seeking to force Travelers Insurance to pay its £250,000 ($352,000) business interruption claim after being forced to close during the pandemic, ruling Thursday that COVID-19 was not on the policy's exhaustive list of diseases.
A charity worker seeking to recover nearly £75,000 ($106,000) from her former employer for harassment told the U.K.'s highest court on Thursday that the country's legislation has substantial gaps for enforcing employment judgments in violation of European Union equality law.
The Serious Fraud Office should speed up the time it takes respond to complaints about its investigations and staff since its current timetable is "not challenging" and could easily be shortened, according to a new oversight report.
HP urged a London judge Thursday to admit new evidence in the technology giant's $5 billion fraud lawsuit more than a year after the trial concluded against Autonomy founder Mike Lynch after details emerged from a misconduct probe into his company's auditors.
A judge cleared the way on Thursday for diamond mogul Nirav Modi to be extradited to India to face fraud charges, dismissing a challenge that conditions in prison in Mumbai would not meet human right requirements.