A lawyer for an Indian businessman accused of defrauding lenders overseas urged a London judge on Friday to let him spend more than £2.8 million ($3.9 million) in funds from sales of a French property he owned to cover his living expenses and legal fees.
A former Russian banking official ordered to repay hundreds of millions of dollars allegedly swindled from the lender urged a London judge on Friday to allow him to sell two homes in America to afford his living expenses and mounting legal fees.
Unicredit Bank AG is suing the owners of a ship for more than $26.3 million in the High Court after thousands of metric tons of oil disappeared after arriving in a United Arab Emirates port.
General Electric has sued the U.K. renewable power arm of Siemens, claiming the German industrial giant is infringing its patent for a technology used in offshore wind turbines in the latest legal tangle between the conglomerates.
This past week in London has seen a top executive at Huawei take action against HSBC, British Gas file two fraud claims against MasterCard and Visa, and Chanel sue over a trademark infringement. Here, Law360 looks at those and other new claims in the U.K.
A judge ruled on Friday in favor of an Indian lender's claim against a mining company and three individuals over outstanding loan repayments totaling $38 million, saying the defendants had no real prospect of fighting off the lawsuit.
Insurers should consider the impact of last week's Supreme Court judgment on business interruption insurance for other types of claims, particularly those from flooding and storms, the Financial Conduct Authority said on Friday.
Stewarts Law LLP's Clive Zietman talks to Law360 about the impact of the coronavirus pandemic, how technology has changed lawyers' jobs and why the U.K.'s class action system remains different from that in the U.S.
An aircraft leasing company must arbitrate its dispute over more than $5.1 million in unpaid lease fees with Indonesia's national airline in London, after an English judge on Wednesday rejected arguments that the dispute fell under a litigation exception in their pact.
A British company does not have the right to claim deductions or credits that may have lowered its $32 million tax bill to the Internal Revenue Service because it filed four years late, the U.S. Tax Court said Thursday.
A judge rejected a Taiwanese shipping magnate's request to leave the U.K. before a Greek shipping company with a $60 million judgment against him can ask about his assets, saying Thursday the tycoon remains a flight risk.
Two former clients have accused Fieldfisher LLP of negligently advising them in a case connected to VAT fraud allegations while racking up costs of more than £2 million defending the High Court case.
A recent appellate ruling has made damages-based agreements in the U.K. more attractive and could herald a new era for litigation funding by permitting a wide array of hybrid arrangements that lawyers say would make it easier to take advantage of the contingency fee structure.
The owner of a landmark building in Liverpool that was damaged by fire has settled its High Court negligence claim against Reich Insurance Brokers.
American semiconductor maker Semtech Corp. is suing two of its former executives and a British satellite communications firm, claiming the company had urged the ex-employees to hand over trade secrets and intellectual property.
The owner of an Abu Dhabi-based shipbuilder has denied bribing top Mozambican officials in a $2 billion corruption scandal, claiming that the African country's leadership should be held to account if his "campaign contributions" are illegal in the U.K.
Epic Games tried on Thursday to draw the U.S.-based parent companies of Apple and Google into competition claims in London over their decision to pull its hit video game Fortnite from their app stores, arguing that their local divisions tie the American companies to the litigation.
A judge ruled on Thursday that a contract dispute worth hundreds of millions of euros between Argentina and a group of investors over the country's decision to adjust calculations and avoid a bond payout will go to trial in London in October 2022.
The Biden administration has picked a privacy attorney with ample experience working in both the government and private practice at Squire Patton Boggs LLP and Crowell & Moring LLP to lead the U.S. side of talks to replace the transatlantic Privacy Shield data transfer deal that was struck down last year.
Attorneys for a Ukrainian bank allegedly plundered by two oligarchs urged a Delaware vice chancellor on Wednesday to slow the $17 million sale of a Cleveland office tower purportedly bought with some of the bank's cash, citing price, fairness and conflict concerns.
Liquidators for a company behind an allegedly fraudulent scheme that promised returns to people who funded investment misselling claims kicked off a London trial Wednesday seeking more than £2 million ($2.7 million) from former executives and an insurer connected to the company.
A judge found on Wednesday that subsidiaries of BGI Group infringed four key patents behind an American company's system for rapid DNA sequencing, largely rejecting the Chinese company's bid to invalidate the patents.
A civil engineering firm and insurer Zurich have countered a local council's £76 million ($104 million) lawsuit over alleged defects to a busway, claiming they are owed £1.2 million under a contract to complete the project.
Three major cellphone network providers urged an appeals court on Wednesday to overturn an order that they say could lead to a breach of data protection laws, as they fight allegations that they colluded to drive a British phone retailer out of business.
A court ruled on Wednesday that the extradition of a hedge fund employee wanted in a tax fraud investigation in Germany cannot be halted because of Brexit as his European arrest warrant was issued before Britain left the European Union.
The U.K. government's panel assembled to conduct an independent review of administrative law should consider changes that would genuinely enhance judicial review, so the process can more effectively hold the government and public authorities to account, says Hatti Owens at ClientEarth.
The U.K. Supreme Court's judgment in Halliburton v. Chubb, likely the court's most important decision in the area of international arbitration in the past decade, articulates important guidelines for how English courts will police issues of arbitrator disclosure and bias, even as it fuels concerns among insurance policyholders, say Allan Moore and Ramon Luque at Covington.
The recent International Court of Justice judgment in Equatorial Guinea v. France, disallowing a sending state from unilaterally imposing its choice of premises for its diplomatic mission, bolsters anti-corruption efforts but may complicate future international relations, says Olivia Flasch at Signature Litigation.
Although the U.K. Supreme Court's recent decision in MasterCard v. Merricks removes some certification barriers for collective actions, aspects of the court's opinion may provide comfort for defendants, say Louise Freeman and Harry Denlegh-Maxwell at Covington.
New extensions of the Corporate Insolvency and Governance Act's temporary protections for struggling businesses, allowing delays to creditor enforcement actions, indicate that the U.K.'s restructuring process is increasingly prioritizing the survival of businesses amid the ongoing pandemic, say attorneys at Haynes and Boone.
Although the U.K. has not ratified the newly effective Singapore Convention, which establishes a legal framework for mediated settlement recognition across jurisdictions, U.K. parties should heed the convention due to its scope and popular uptake, say Simon Everington and Johnny Shearman at Signature Litigation.
COVID-19 has reignited calls to expand U.K. whistleblowing laws, with many advocating for enhanced reporting protections and independent oversight of cases, says Pia Sanchez at CM Murray.
A survey of 165 data protection agreements between 2011 and 2020 — conducted in light of the uncertainties following the invalidation of the EU-U.S. Privacy Shield and the European Data Protection Board's recent recommendations for international data exporters — reveals four important contract review measures, says Jennifer Tsai at Kira Systems.
As the Danish tax authority prepares for the first of a three-part U.K. trial involving cum-ex fraud, U.K. recipients of interview requests from the Danish prosecutorial agency should neither automatically accept, nor ignore the invitations, despite that agency's seeming lack of power to compel their attendance, says David Corker at Corker Binning.
In a circuit split over whether a U.S. foreign discovery law may be used for private arbitration, the Third Circuit in Axion Holding Cyprus may choose a middle ground by finding that private arbitration under the U.K. Arbitration Act involves sufficient judicial oversight to make it subject to the statute, says Adrienne Koch at Katsky Korins.
The U.K. High Court's recent decision in Travelport v. WEX, dissecting a material adverse effect clause in the context of the pandemic's impact on the payments industry, highlights contractual ambiguity and provides practical drafting pointers for mergers and acquisitions lawyers in the U.K. and U.S., say attorneys at King & Spalding.
The Eastern Caribbean Supreme Court's recent Crumpler v. Exential Investments decision, officially allowing legal financing in the British Virgin Islands, represents a continuation of litigation funding's acceptance across key jurisdictions for insolvency litigation during a time when these types of cases are set to spike, says Robin Ganguly at Burford Capital.
Nicola Finnerty and Tom Surr at Kingsley Napley discuss the legal barriers U.K. investors face in reaping the rewards of cannabis legalization in Canada and the U.S., and what recent developments may mean for the future of U.K. cannabis enforcement.
Gerald Knapton at Ropers Majeski analyzes U.S. and U.K. experiments to explore alternative business structures and independent oversight for law firms, which could lead to innovative approaches to increasing access to legal services.
The Serious Fraud Office’s recent deferred prosecution agreement with multinational security services company G4S suggests the agency’s approach to compliance, program remediation and corporate renewal is evolving to favor parent company involvement and the appointment of independent compliance monitors, say Chris Roberts and James Ford at Mayer Brown.