A new tribunal hearings center that opened in London in March cost £206 million ($278 million) — £164 million more than its original budget, figures given to Law360 show.
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London Tribunals Center Came In £164M Over Budget

By Adele Redmond

A new tribunal hearings center that opened in London in March cost £206 million ($278 million) — £164 million more than its original budget, figures given to Law360 show.

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Google's £260M App-Fee Deal Pitched As Fair For Developers

By Joanne Faulkner

A law professor urged the Competition Appeal Tribunal on Tuesday to approve Google's proposed £260 million ($350 million) settlement of a claim over its app store commissions, arguing that it gives U.K. developers a fair and practical route to compensation.

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Santander Escapes £677M Bill In AXA's PPI Indemnity Case

By Sophia Dourou

Santander does not have to pay the £677 million ($912 million) that AXA lost when it deals with claims for wrongly sold payment protection insurance, as an appeals court said on Tuesday that an agreement to accept liability was not retrospective.

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SECURITIES & BANKING

Santander Accused Of Aiding Forum Shopping In Bond Row

By Robbie Kalus

A power plant developer accused Santander of facilitating "cynical and heinous forum shopping" at the High Court on Tuesday, arguing the bank was acting as a "mouthpiece" for a building company seeking to avoid payment in a $90 million bond dispute.

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Dutch Investor Seeks €36M Payout Over Loan Default

By Isabel Jackson

A Dutch investment company is suing Saudi firm Lewa Trading Industry for €36 million ($41.5 million) for allegedly defaulting on a loan covering the obligations of plant-based supplement company Naylor Nutrition UK.

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CONTRACTS

Lessors Say SpiceJet Can't Blame COVID For Unpaid $121M Rent

By Ronan Barnard

Aircraft lessors urged a London court Tuesday to throw out SpiceJet's defense to their $121 million claim for unpaid airplane rent, arguing that the Indian airline had no realistic chance of defending against it because the planes were grounded during the early days of the COVID-19 pandemic.

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Heritage Fund Sued Over £325K Contract Lost To Workday

By Laura Stewart Liberty

A human resources software company is suing the government-funded National Heritage Memorial Fund after it lost out on a £325,000 ($438,000) contract to Workday when its bid was rejected as appearing "disproportionately low."

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INTELLECTUAL PROPERTY

Brief

Manufacturer Defends Validity Of Pipe Connector Patent

By Jamie Lennox

A manufacturer of plumbing fittings has defended the validity of its patent for a tool that joins pipework without welding amid its infringement claim against a distributor in a London court.

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Music Promoters Ordered To Pay £1.4M In Licensing Dispute

By Hanna Vioque

A London judge on Tuesday ordered two music promotion companies to pay £1.4 million ($1.8 million) to NoCopyrightSounds Ltd. as an interim sum in an ongoing licensing dispute, after the companies themselves acknowledged they still owed millions of dollars to the royalty-free music label. 

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EXPERT ANALYSIS

'Peppa Pig' Ruling Broadens Global Copyright Relief

The High Court's recent unusual decision in Hasbro v. Công to grant a panjurisdictional injunction shows that, in certain circumstances, a representative sample of online content may be used in a copyright dispute when a full review would be disproportionate, says Eloise Ryan at Shoosmiths.

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LAW FIRMS IN TODAY'S NEWS

11 South Square

3 Verulam Buildings

4 Stone Buildings

8 New Square

A&O Shearman

Blackstone Chambers

Brick Court Chambers

EIP Europe

Essex Court Chambers

Eversheds Sutherland

Fountain Court Chambers

Geradin Partners

Gowling WLG

Keystone Law

King & Spalding

Monckton Chambers

Norton Rose

One Essex Court

Quinn Emanuel

Reed Smith

Reynolds Porter

Shoosmiths LLP

Slaughter and May

Stephenson Harwood

XXIV Old Buildings

COMPANIES IN TODAY'S NEWS

AXA SA

Alphabet Inc.

Banco Santander SA

Capital Bank Corp.

Genworth Financial Inc.

Google LLC

Hasbro Inc.

Savills Inc.

YouTube Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Competition Appeal Tribunal

European Union

UK Court of Appeal

UK High Court

UK Ministry of Justice

UK National Audit Office (NAO)