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Mozambique has asked the High Court to rope the heirs of a shipbuilding magnate into its corruption claim after he died before a judgment was delivered. (iStock.com/dk_photos)

Mozambique Targets Heirs Over 'Tuna Bond' Bribery Award

Mozambique urged a London court on Wednesday to hold the heirs of shipbuilding magnate Iskandar Safa liable for the French-Lebanese billionaire's involvement in a bribery scheme as the country seeks to enforce a $1.9 billion damages award.

Top Stories

Bank Of Scotland Forced £18.5M Hotel Asset Sale, Court Hears

The Bank of Scotland acted in bad faith by forcing a high-end hotel group it partly owns to sell valuable premises at a reduced price, a lawyer for the hospitality chain said on the first day of trial Wednesday.

Insurance Firm Keoghs Expands With Ireland Solicitors Deal

Insurance law firm Keoghs LLP said Wednesday it has expanded into Ireland with the acquisition of Dublin-based O'Brien Lynam Solicitors, in a deal steered by A&L Goodbody LLP and Addleshaw Goddard (Ireland) LLP.

Litigation Funder Sues After-The-Event Insurer For £61M

A legal loans company has sued an insurer for around £61.4 million ($80.3 million) over its alleged failure to pay out under a litigation funding arrangement.

Nigerians Fight 'All-Or-Nothing' Ruling In Shell Oil Spill Case

Lawyers representing thousands of Nigerian villagers urged the Court of Appeal on Wednesday to reverse a ruling that requires them to prove that Shell is responsible for all the chronic oil pollution in their claim against the energy giant.

Trader Fights Insider Dealing US Extradition At Top UK Court

A former securities trader asked the U.K. Supreme Court Wednesday to overturn his extradition to America to face insider trading charges, arguing that he cannot be sent to the U.S. over offenses alleged to have taken place in Britain.

Davis Polk Raises Trainee Salaries To New High Of £70K

Davis Polk & Wardwell LLP has increased the base salaries of trainee solicitors in its London office to as much as £70,000 ($91,500), the highest reported trainee salary so far as the battle to retain talent in the English capital takes another twist.

Linklaters-Led Rio Tinto To Buy Arcadium Lithium For $6.7B

Rio Tinto said Wednesday that it has agreed to acquire Arcadium Lithium PLC for approximately $6.7 billion to solidify its position as the global leader in energy transition commodities, in a deal guided by Linklaters and Davis Polk.

Glencore Defendants Get 2027 Trial Date For Bribery Charges

Six former employees of Glencore PLC will stand trial in 2027 on corruption charges over allegations leveled by the Serious Fraud Office that they paid bribes to secure lucrative contracts for the oil giant in West Africa, a London judge said Wednesday.

Pfizer And BioNTech Get CureVac MRNA Patent Chucked

Pfizer and BioNTech won their bid to scrap two CureVac patents Tuesday, after a London judge held that the gene therapy-related invention was missing key information that would merit protection.

Robin AI CTO Says Innovation Puts Pressure On Hourly Billing

The traditional hourly billing model in the legal industry is facing increasing scrutiny as in-house legal teams leverage technology to enhance efficiency, the co-founder of a leading AI service told Law360.

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