A London judge ordered Serious Fraud Office investigator Antony Puddick on Wednesday to disclose details of his solicitors' retainer agreement in a £1.8 million ($2.4 million) costs dispute with Eurasian Natural Resources Corp. following the end of their legal fight. 
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ENRC Battles SFO Investigator Over £1.8M Legal Costs

By Joanne Faulkner

A London judge ordered Serious Fraud Office investigator Antony Puddick on Wednesday to disclose details of his solicitors' retainer agreement in a £1.8 million ($2.4 million) costs dispute with Eurasian Natural Resources Corp. following the end of their legal fight. 

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FirstRand To Sell Aldermore Over UK Car Loan Redress

By Tom Fish

South Africa's FirstRand plans to sell its British operations, including lender Aldermore and motor finance provider MotoNovo, after Britain's compensation scheme for missold car loans forced the bank to sharply increase its expected costs.

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BDO Denies Negligence Caused Collapse In £80M Audit Fight

By Ronan Barnard

BDO has rejected an £80 million ($107 million) claim for negligence from a collapsed construction company which alleged that it had bungled an audit, saying the business would still have failed even if £43 million in losses had been uncovered earlier.

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CONTRACTS

Warehouse Co. Sues Israeli Biz Over Oct. 7 Attack Disruption

By William Janes

A warehouse technology company has sued an Israeli logistics business for almost €1.6 million ($1.85 million), alleging that the Middle Eastern company delayed the installation of machinery and failed to mitigate disruption caused by the Oct. 7 Hamas attack.

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INTELLECTUAL PROPERTY

Swiss Watch Biz Denies Copying 88-Facet Diamond Designs

By Jamie Lennox

A Swiss watchmaker has denied it copied a jeweler's copyright over 88-facet diamond designs, telling a London court that there are crucial differences between its gemstones and those of its opponent.

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EMPLOYMENT & BENEFITS

Libyan Wealth Fund's UK Arm Must Pay Ex-Manager £498K

By Jamie Lennox

A tribunal has told a U.K. subsidiary of Libya's sovereign wealth fund to pay a former manager £497,500 ($670,000) after it short-changed his holiday entitlement for decades and unfairly sacked him out of the blue.

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Brief

Law Firm Must Pay Worker For Racial Harassment

By Ronan Barnard

A Cardiff law firm has been ordered to pay a former employee compensation for harassment related to race, according to a newly public judgment.

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INSOLVENCY

Finance Co. Told To Wind Up After Investors Claim £1.7M Loss

By William Janes

A London court has ordered the winding up of a financial services company that went into administration after being sued for £1.7 million ($2.3. million) by investors in failed property redevelopment schemes, ruling that the reason for administration was "tenuous."

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LEGAL ETHICS & MALPRACTICE

Ex-Olswang Pro Fined For Not Reporting Driving Convictions

By Sophia Dourou

A disciplinary tribunal fined a former Olswang LLP solicitor £15,000 ($20,000) on Wednesday for failing to promptly report a series of drink-driving convictions to the Solicitors Regulation Authority.

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LAW FIRMS IN TODAY'S NEWS

4 New Square

7 King's Bench Walk

8 New Square

Asserson Law Offices

Brick Court Chambers

CMS Cameron McKenna

Clyde & Co

Cohen & Gresser

Erskine Chambers

Fladgate LLP

Gatehouse Chambers

Gateley PLC

Hill Dickinson

Hogarth Chambers

Nabarro LLP

NewLaw Solicitors

Old Square Chambers

One Essex Court

QEB Hollis Whiteman

TLT LLP

COMPANIES IN TODAY'S NEWS

Aldermore Group PLC

BDO LLP

Enterprise Chambers

Ernst & Young LLP

FirstRand Ltd.

Garmin Ltd.

Grant Thornton LLP

Libyan Investment Authority

Solicitors Disciplinary Tribunal

Solicitors Regulation Authority Ltd.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Financial Conduct Authority

Office of Financial Sanctions Implementation

Serious Fraud Office

UK High Court