Top Stories

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  FCA Unveils New Short Selling Rules To Cut Red Tape

  By Alex Davidson

  The Financial Conduct Authority set out on Thursday its new U.K. short selling regime, which will greatly reduce...(read more)

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  Glencore Can Shield Internal Legal Prep Docs In Investor Case

  By Sophia Dourou

  Glencore does not have to disclose internal communications whose primary purpose was to obtain legal advice in i...(read more)

• Fish Cartel £382M Class Action Refused Over Class Rep Fees

  By William Janes

  A U.K. tribunal has refused permission for a £382 million ($517 million) class action alleging that fish producers artificially inflated salmon prices, concluding the class representative's £300 hourly fee suggested "a motivation beyond pursuing the interests of the class."

• Ex-Leigh Day Pro Struck Off For Faking Letter To Hide Error

  By Sophia Dourou

  A former Leigh Day lawyer who tried to cover up missing a disclosure deadline by claiming he had written and sent a disclosure letter when he had not was struck off by the profession's disciplinary tribunal Thursday.

• 9 Universities To Sue Gov't Over Student Loan Clawback

  By Eddie Beaver

  Nine universities revealed Thursday that they plan to bring legal action challenging the Department for Education and the Student Loans Company over the withdrawal of maintenance funding that affects approximately 22,000 students enrolled in weekend courses.

• UK Ship Financier Charged With Russia Sanctions Offenses

  By Ronan Barnard

  A British accountant has been charged with breaching sanctions imposed on him linked to his alleged involvement in Russia's "shadow fleet," the U.K.'s National Crime Agency has said.

• Heineken's 'Leonhart' TM Victory Upended At EU Court

  By Jamie Lennox

  A European Union court has overturned a successful challenge by Heineken against a Polish coffee company's "Leonhart" trademark application, ruling that shoppers would not confuse the mark with the brewery's earlier "El Leon" sign.

• Interim SFO Chief Outlines 'Pivotal' Year Tackling Disclosure

  By William Janes

  The interim director of the Serious Fraud Office said Thursday that 2026-2027 will be a "pivotal year" for the white collar agency as it tackles disclosure problems, launches its first-ever case management system and focuses on international cooperation.

• Lloyd's Insurers Draw Up Governance Rules For AI Adoption

  By Martin Croucher

  Nine out of 10 Lloyd's of London insurers are working on their own governance rules for artificial intelligence, the Lloyd's Market Association said Thursday, as the U.K.'s financial watchdog launched a probe into the adoption of the new technology. 

• Cleary Helps Uzbekistan Fund Win $300M Backing In UK IPO

  By Najiyya Budaly

  Uzbekistan's sovereign wealth fund said Thursday that investors including BlackRock and Franklin Templeton have agreed to plow $300 million into its proposed initial public offering as it confirmed plans to float in London and Tashkent.

• Employers Avoid Change 1 Year After Top Court's Sex Ruling

  By Adele Redmond

  One year on from the U.K. Supreme Court's landmark ruling on the legal definition of a woman, few employers have changed their policies on single-sex facilities amid a vacuum of official guidance.

• UK Moots NDA Ban Exemption If Workers Agree In Writing

  By Jamie Lennox

  The government is weighing exemptions to its proposal to ban non-disclosure agreements in cases of workplace harassment and discrimination, suggesting Wednesday that such NDAs could be valid if staff agree in writing.

• Lawyers Race To Find Class Rep To Keep Rail Fare Case Alive

  By Joanne Faulkner

  Lawyers pursuing a £400 million ($542 million) million collective action against rail operator Govia Thameslink must appoint a new class representative and secure funding by July or the claim will be decertified, the Competition Appeal Tribunal said Wednesday.

• Intelligence Firm Will Hand Deripaska Source Of 'Fake' Report

  By Christopher Crosby

  A business intelligence company agreed on Wednesday to disclose to Oleg Deripaska the source of an allegedly forged report that the Russian oligarch's former business partner used in a bitter legal dispute between the two men.