CBRE defeated allegations Tuesday that it pressured JLL to undervalue a 36-story Brussels skyscraper after a court found its €920 million ($1.1 billion) assessment legitimate despite shortcomings in its work.
CBRE defeated allegations Tuesday that it pressured JLL to undervalue a 36-story Brussels skyscraper after a court found its €920 million ($1.1 billion) assessment legitimate despite shortcomings in its work.
Finance firms are bracing for a surge in disputes over obligatory references after non-financial misconduct rules were extended to 37,000 non-bank firms, legal experts say.
A City law firm urged an appeals court Tuesday to overturn a ruling that it dishonestly assisted a £7 million ($9.5 million) fraud, warning that the decision risks turning negligent legal work into dishonesty.
An American film financier has sued a reinsurer for $19.3 million over its alleged failure to pay out to lenders after a borrower defaulted on a loan designed to fund preproduction costs of a sequel to Sylvester Stallone's 1993 thriller "Cliffhanger."
The Financial Ombudsman Service has been ordered to pay most of the costs incurred by four banks which successfully challenged the regulator's approach to consumer credit complaints.
Mishcon de Reya LLP has been hit with a £1.4 million ($1.9 million) claim accusing it of derailing a property investor's plans to extend his historical townhouse in London by negligently failing to make sure key notices went out to tenants when he bought freeholds for adjacent properties.
One of Russia's richest men won a fight over disclosure of documents Tuesday, in litigation involving the alleged defrauding and mismanagement of a nickel miner, when a London judge found that Russian law required personal data in disclosed documents to be redacted.
A financial adviser has denied unlawfully trading under the previous brand of his former employer, telling a London court that he adopted the moniker because it incorporates his surname.
