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Tesco Branding Infringes Lidl TMs, Appeals Court Rules
Tesco failed Tuesday to persuade an appeals court that its loyalty pricing scheme branding doesn't infringe trademarks for Lidl's logo, even though the justices acknowledged the lower court's decision that customers might be misled by the blue-and-yellow signage could be "surprising."
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AstraZeneca PLC said Tuesday that it will buy Fusion Pharmaceuticals, a biopharmaceutical company specializing in oncology, for up to $2.4 billion in cash to help it transform cancer treatments.
Shearman & Sterling LLP's regional managing partner in Europe and the Middle East is set to retire as its merger with Allen & Overy LLP edges closer to completion, the firm said Monday.
The U.K.'s trade association for recorded music has threatened legal proceedings against a deepfake artificial intelligence platform, alleging that the former Voicify's collection of AI voices infringes artists' rights.
Lawyers and participants seem happy with the Unified Patent Court so far, but it has yet to move the needle on the popularity of the English courts for cross-border IP disputes — particularly after the U.K. Supreme Court set a crucial precedent.
Following years of declining lawyer headcount, Bryan Cave Leighton Paisner LLP has confirmed that it is conducting a restructuring that will impact approximately 50 jobs in the U.S. and U.K., marking the second round of layoffs the firm has conducted in the past year.
The £237 million ($300 million) London Capital & Finance investment trial was adjourned on Monday as the company chief's former legal team refused to come back unless they were paid upfront.
A former derivatives trader said Monday that, although he had admitted to dishonestly submitting figures for a key benchmark interest rate, it was unhelpful, prejudicial and ultimately "catastrophic" that the judge presiding over his trial told jurors that his conduct was misleading.
The Financial Conduct Authority said Monday it had decided to fine the former chief executive of Indigo Global Partners Ltd. £5.95 million ($7.57 million) and ban him from the industry for participating in a Danish tax scam that falsely reclaimed dividend taxes on shares.
Lawyers acting for a personal injury victim can recover the costs of attending rehabilitation meetings, the Court of Appeal has ruled, but justices warned that solicitors should not expect to be paid for every routine appointment.
The Serious Fraud Office's fifth new investigation in the five months since Nick Ephgrave took the helm shows the watchdog has focused on domestic fraud cases and delivered on the director's pledge to be bolder, lawyers say.