Top Stories

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  Nord Stream Loses €580M Claim On War Exclusion Ruling

  By Joanne Faulkner

  A group of insurers on Monday defeated claims seeking up to €580 million ($682 million) to repair damage to the ...(read more)

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  EasyJet Backs Latest £5.2B Castlelake Takeover Bid

  By Najiyya Budaly

  The board of budget airline easyJet has said that it has thrown its support behind a £5.2 billion ($6.9 billion)...(read more)

• FCA Sets Out Plan To Tackle AI Risks In Financial Sector

  By Alex Davidson

  The Financial Conduct Authority said in a review on Monday that artificial intelligence will transform services in the sector for consumers and has proposed a seven-step framework to determine how it intends to regulate the technology.

• Novartis To Buy UK Oncology Biotech Biz For Up To $1.5B

  By Najiyya Budaly

  Swiss pharmaceutical heavyweight Novartis said Monday that it will buy London-based biotechnology company Myricx Bio for up to $1.5 billion in a move to strengthen its oncology pipeline.

• Regulator Raps Occupational Health Pro In Enforcement 1st

  By Adele Redmond

  The U.K.'s health and safety regulator has banned an occupational health professional from providing "ineffective" statutory health monitoring services, in an enforcement first for the watchdog.

• Is SpaceX A UK Growth Biz? Lawyers Say It Doesn't Matter

  By Najiyya Budaly

  SpaceX was not quite what the authors of a new U.K. capital-raising regime for unlisted businesses had in mind for a typical beneficiary, but lawyers argue that Elon Musk's space project becoming the first user of the funding source shows its potential for other offshore issuers.

• Mercuria Says Benchmark Rules Untested In Hormuz Claim

  By Ronan Barnard

  Trader Mercuria Energy Group urged a London court on Friday to allow expert evidence on benchmarks and economics in its claim that the Baltic Exchange failed to account for the closure of the Strait of Hormuz when setting an oil-trading benchmark.

• Insurer Loses Bid To Brand Ex-CEO's £1.7M Take Dishonest

  By Eddie Beaver

  An appeals court rejected on Friday an insurer's argument that its former chief executive had dishonestly pocketed £1.7 million ($2.3 million) from the business, ruling that a judge had fairly concluded that he believed he was authorized to take the money.

• Italian Engineer Wins Order Blocking 'Vexatious' Russian Case

  By Sophia Dourou

  An Italian engineering company has successfully prevented a Eurochem subsidiary owned by a sanctioned oligarch from trying to enforce a $1.19 billion judgment against it in Russia, as a court held that the Russian proceedings are "vexatious and oppressive."

• Demand For Workplace Dispute Resolution Up 27% In A Year

  By Adele Redmond

  Workplace disputes mediator Acas said Friday that the number of requests from workers for dispute resolution have grown by 27% in a single year as parties increasingly take formal routes to dealing with problems at work.

• Axiom Ince Says SRA Missed £65M Shortfall For Months

  By Sophia Dourou

  Axiom Ince has challenged the solicitors watchdog's defense to the law firm's negligence claim, arguing that the regulator missed a "crucial opportunity" to uncover the alleged £65 million ($87 million) misappropriation of client money by intervening too late.

• EasyGroup Loses 'EasyBathrooms' TM Fight As Markets Differ

  By Hanna Vioque

  A London judge has refused to let easyGroup block a bathroom design specialist's range of "easy bathrooms" trademarks, concluding that shoppers wouldn't mix up the easyJet owner's low-cost brands with higher-end bathroom products.

• SFO Ends Signature Group £140M Property Fraud Probe

  By William Janes

  The Serious Fraud Office said Thursday that it had closed its investigation into property manager Signature Group over a suspected £140 million ($187 million) investment fraud after concluding that there was no realistic prospect of conviction.

• Hill Dickinson Not Negligent In Doctor's Whistleblowing Case

  By Hanna Vioque

  Hill Dickinson defeated a doctor's bid for a wasted costs order Thursday, with an appellate tribunal ruling that the firm's failure to disclose a document didn't amount to negligence even if it might have been relevant to his whistleblowing case.