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The top court's decision shut the door on victims of authorized push payment fraud who wanted to bring this type of claim over duty of care. (iStock.com/jariyawat thinsandee)

Lawyers Test New Routes For Redress For APP Fraud Victims

A year after the decision by Britain's Supreme Court that curbed the liability owed by lenders to customers tricked into transferring money to fraudsters, victims are now looking to use the courts to test novel routes for redress.

Top Stories

A&O Shearman's $50K Referral Bonus Reflects 'Tough' Market

Allen Overy Shearman Sterling said Friday that it's paying a $50,000 bonus to employees who refer an associate or counsel who is hired at the firm, in a move that reflects the "tough" recruitment market for legal employers.

Akin Snaps Up Cooley's London Chief In Three-Partner Hire

Akin Gump Strauss Hauer & Feld LLP said on Friday that it has recruited a three-partner team of experts in technology transactions from Cooley LLP in London, led by the U.S. outfit's office managing partner.

Solicitor Sanctioned Over False £1M Gov't Loan Declaration

A solicitor who signed an inaccurate declaration confirming that an investor had £1 million in a client account for the purposes of a government loan scheme was fined £15,000 ($19,400) on Friday and banned from being a partner.

From Doughty Street To Downing St.: A Look At Starmer's CV

Keir Starmer's rise to prime minister comes almost 40 years after the new resident of 10 Downing Street began to practice law. Here, Law360 looks back at five notable cases that shaped Starmer's legal career.

UK Clears Nationwide's £2.9B Purchase Of Virgin Money

The competition regulator of the U.K. said Friday that it has cleared Nationwide Building Society's acquisition of Virgin Money UK PLC for £2.9 billion ($3.7 billion), which the companies say would create a combined group with assets of approximately £366 billion.

Cyber-Insurers Could Be On Hook From Global IT Outages

The global IT outage that disrupted air travel, financial institutions and thousands of businesses on Friday could result in billions of dollars of losses and potentially major claims against insurance companies, analysts are warning.

New Scottish Law Society President Targets Legal Aid Revamp

After 40 years defending the National Health Service on the legal front line, the Law Society of Scotland's latest president is acutely aware of the challenges facing lawyers today.

Businessman Found Guilty Of Fraud For COVID Loan Abuse

A British businessman accused of dishonestly obtaining a COVID-19 small business loan was convicted of fraud on Friday after prosecutors accused him of scamming the system to repay an associate embroiled in a fight with the Serious Fraud Office.

AI Invention Not Eligible For IP Protection, Appeals Court Says

A London appeals court ruled Friday that there is nothing about a company's AI invention that differentiates it from a typical computer program under U.K. law, meaning that it cannot be protected by a patent.

Truck Buyers Seek To Stop Cartel 'Picking Off' Claimants

A trade group suing major truck makers in a £2 billion ($2.6 billion) class action over an alleged price-fixing cartel told a London tribunal on Thursday the manufacturers should be prevented from making the group claim unviable by "picking off" claimants through settlement offers.

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