The Financial Conduct Authority has sued property investment specialist Hunter Jones Group and its director, accusing the company of promoting a multimillion-pound property investment plan that operated as a Ponzi scheme.
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TOP NEWS

FCA Sues Hunter Jones Over Alleged Property 'Ponzi Scheme'

By Sophia Dourou

The Financial Conduct Authority has sued property investment specialist Hunter Jones Group and its director, accusing the company of promoting a multimillion-pound property investment plan that operated as a Ponzi scheme.

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Uber Defeats £340M Claim From UK Cab Drivers

By Joanne Faulkner

Uber defeated claims worth an estimated £340 million ($453 million) brought by drivers of London black cabs and former minicab businesses on Monday, as a High Court judge ruled that they had waited too long to challenge the company's allegedly unlawful operations.

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Trump Fights Jack Smith Subpoena In $10B BBC Suit

By Lauren Berg

President Donald Trump on Monday slammed the British Broadcasting Corp.'s subpoena to Jack Smith, who brought election interference and classified document-hoarding charges against the president, saying the former special counsel's testimony is "entirely irrelevant" to the $10 billion defamation lawsuit over the broadcaster's documentary on the 2021 U.S. Capital attack.

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TAX

Rajasthan Royals Owner Settles UK Investors' Tax Dispute

By Eddie Beaver

Three U.K.-based investors have settled their claim against an owner of India's Rajasthan Royals cricket team who they alleged misled them over the tax consequences of selling their shares and a $300 million valuation purportedly negotiated with a prospective buyer.

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DATA PROTECTION

Clearview AI Says £7.5M Fine Misapplies UK Data Rules

By Eddie Beaver

Clearview AI told an appeals court Monday that the U.K.'s privacy watchdog had overstepped its powers by imposing a £7.5 million ($10 million) fine and data deletion order, which it said would force the closure of its facial recognition service.

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INSURANCE

Allianz Wins Court Approval To Consolidate UK Insurers

By Joel Poultney

Four Allianz UK insurers can transfer their businesses to Allianz Insurance PLC under a "lift and drop" arrangement that could release up to £130 million ($173 million) for shareholders in Britain, the High Court has ruled.

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EMPLOYMENT

Ex-Security Says Police Killed People At Tanzanian Mine

By Ronan Barnard

A former soldier who was security manager for a Tanzanian mine told the High Court on Monday that Tanzanian police had killed people at the site, saying that more could have been done to improve the human rights situation.

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ARBITRATION

Justices Remand 3rd Circ. Arbitration Ruling

By Caroline Simson

The U.S. Supreme Court on Monday vacated and remanded a Third Circuit decision dismissing on jurisdictional grounds a bid by litigation funder Burford Capital to arbitrate a dispute relating to German antitrust litigation.

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INTELLECTUAL PROPERTY

Marine Tech Co. Says Scottish Rival Infringed Patent

By Jamie Lennox

A U.S. engineering company has accused a Scottish rival of infringing its patent for a subsea safety system used in offshore rigs, asking a London court for an injunction to halt its opponent's sales.

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PROPERTY & CONSTRUCTION

Kingspan Denies Misleading Construction Co. Over Fire Safety

By Isabel Jackson

Kingspan has denied a £69 million ($92 million) claim by construction company Equans, arguing that it did not compromise the safety of a tower block complex by deliberately misleading Equans over the combustibility of its insulation products.

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Commodities Trader Claims £4.3M Over Failed Property Deal

By Laura Stewart Liberty

A Singaporean commodities company has sued a property investor for £4.3 million ($5.7 million), alleging he failed to pay a settlement after its planned purchase of his real estate company — which held a London apartment lease — collapsed.

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EXPERT ANALYSIS

Series

Practice Leader Insights From MoFo's Ben Summerfield

Ben Summerfield, head of litigation for MoFo's​​​​​​​ London office, discusses the importance of leading with sincerity and honesty, the challenge of navigating both legal and emotional issues in the most difficult of cases, and why junior lawyers should stay focused on building and maintaining strong client relationships.

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LAW FIRMS IN TODAY'S NEWS

11KBW

4 Pump Court

Ballard Spahr

Brabners LLP

Brito PLLC

Cleary Gottlieb

Erskine Chambers

Freshfields

HSF Kramer

Hausfeld LLP

Henderson Chambers

Holman Fenwick

Kellogg Hansen

Latham & Watkins

Leigh Day

Mathys & Squire

Mishcon de Reya

Morrison & Foerster

One Essex Court

Quinn Emanuel

Reed Smith

Stephenson Harwood

Three New Square

COMPANIES IN TODAY'S NEWS

Arconic Corp.

British Broadcasting Corp.

Burford Capital LLC

Clearview AI

Enterprise Chambers

Google LLC

Harbour Litigation Funding Ltd.

Litigation Solutions LLC

Liverpool Victoria Friendly Society Ltd.

RedBird Capital Partners

Uber Technologies Inc.

YouTube Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Financial Conduct Authority

Information Commissioner's Office

Prudential Regulation Authority

Transport for London

U.S. District Court for the Southern District of Florida

U.S. Senate

U.S. Supreme Court

UK Court of Appeal

UK First-tier Tribunal

UK High Court

UK Intellectual Property Office (IPO)

UK Upper Tribunal