Funds run by Elliott Investment Management LP can start a legal claim against the London Metal Exchange's Hong Kong owner over the trading venue's handling of the 2022 nickel crisis, the Competition Appeal Tribunal has ruled.
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THURSDAY, SEPTEMBER 24, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

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Hedge Fund OK To Sue Metal Exchange's Owner Over Crisis

By Tom Fish

Funds run by Elliott Investment Management LP can start a legal claim against the London Metal Exchange's Hong Kong owner over the trading venue's handling of the 2022 nickel crisis, the Competition Appeal Tribunal has ruled.

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EuroChem Loses Injunction As Sanctions Halt €212M Payouts

By Eddie Beaver

An Italian engineering company persuaded a London judge Wednesday to discharge a four-year-old injunction designed to protect €212 million ($242 million) in bond payments sought by a EuroChem subsidiary, after Russia-related sanctions rulings effectively blocked the payouts.

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Broadcast Co. Auditors Pin £225M Loss On Directors' 'Fraud'

By Robbie Kalus

Auditors for Arena Television have denied liability for losses of almost £225 million ($298 million) stemming from a "pervasive fraud" allegedly perpetrated by the collapsed company's directors, saying the fraudulent activity was concealed from them.

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COMMERCIAL FRAUD

Tech Entrepreneur In Contempt Over Asset Freeze Breaches

By Isabel Jackson

Tech entrepreneur Oussama Ammar has been found guilty of contempt of court after he repeatedly breached asset freezing orders and lied in sworn statements.

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INTELLECTUAL PROPERTY

Writer Seeks Damages From Playwright Over Alleged Plagiarism

By Hanna Vioque

A writer is seeking damages from a playwright whose book he says plagiarizes sections of interviews the writer conducted, asserting that the book is still on sale online despite the playwright's admission that he took the work without permission.

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Sinocare Asks Court To Rule Device Won't Infringe Abbott IP

By Hanna Vioque

Chinese medical device maker Sinocare has asked a London judge for a declaration that a modified version of its iCan glucose monitoring device doesn't infringe two Abbott patents, in the midst of a court battle between the rivals set for trial in 2027.

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PROPERTY & CONSTRUCTION

Mayfair Flat Buyers Lose Out On £2.6M Over Unpleaded Claim

By Isabel Jackson

The buyers of two luxury Mayfair flats have lost their post-trial claim for £2.6 million ($3.4 million) in compensation for late completion after they failed to include the pleading in their initial filings.

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LIBEL & DEFAMATION

Solicitor Wins Defamation Case Over 1-Star Google Review

By Max Austin

A solicitor has won £9,500 ($13,000) after a London court ruled that an angry former client sought to damage his reputation in a defamatory online review by calling him a "fraudster" who overcharged his clients.

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PEOPLE

Matrix Chambers Adds 3 International Law Team Members

By Joyce Hanson

Matrix Chambers has welcomed three members to its international law team, saying the newcomers bring expertise in the public and private spheres and in practices that include representation of senior government officials and cases involving crime, extradition and human rights.

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LAW FIRMS IN TODAY'S NEWS

4 New Square

Bird & Bird

Blackstone Chambers

Browne Jacobson LLP

Bryan Cave Leighton Paisner

Clifford Chance

Elliott & Associates

Hogan Lovells

Hogarth Chambers

Kennedys Law LLP

Lewis Silkin

Matrix Chambers

McDermott Will & Schulte

PCB Byrne

Three New Square

Withersworldwide

COMPANIES IN TODAY'S NEWS

Abbott Laboratories

Bank of Scotland PLC

British Broadcasting Corp.

Elliott Investment Management LP

EuroChem Group SE

Google LLC

Hong Kong Exchanges and Clearing

ING Groep NV

GOVERNMENT AGENCIES IN TODAY'S NEWS

Competition Appeal Tribunal

European Union

Financial Conduct Authority

Serious Fraud Office

UK High Court

United Nations