The Solicitors Regulation Authority is facing an unprecedented court challenge from Carter-Ruck to its power to force law firms to hand over privileged documents, a case that could embolden clients to refuse consent far more frequently and force legislative reform.
The Solicitors Regulation Authority is facing an unprecedented court challenge from Carter-Ruck to its power to force law firms to hand over privileged documents, a case that could embolden clients to refuse consent far more frequently and force legislative reform.
A&O Shearman has settled its case that alleged that Bank of New York Mellon caused Nationwide Building Society to face a £93 million ($122 million) tax bill by bungling the issuance of notes, the parties confirmed on Thursday.
Rightmove is facing "imminent" class action worth an estimated £1 billion ($1.31 billion) on behalf of thousands of U.K. estate agents who allege that the property listing website charges excessive and unfair fees.
The Competition Appeal Tribunal refused Thursday to grant Apple permission to appeal its decision that the tech giant must pay damages to U.K. customers after ruling that the tech company abused its dominant position by charging excessive and unfair prices.
Walter Merricks has said he is frustrated by a judicial review launched by the litigation-funder behind his landmark MasterCard claim, which is preventing a share of a £200 million ($263 million) settlement from reaching consumers in Britain.
Russia's VTB Bank argued at a London court Thursday that the U.K.'s sanctions authority had wrongly attempted to block it from recovering anything from the administration of its British subsidiary, arguing that it should have been given a chance to make its case.
Fashion retailer Shein won a bid on Thursday to stay a £5.8 million ($7.7 million) tax fraud case brought by a U.K. customs clearance company, ahead of arbitration proceedings in which Shein is fighting to recover £1.5 million.
A London court struck out on Thursday an investor's claim that he lost his £4 million ($5 million) investment in a central London property redevelopment because of the managers' flawed business plan, finding him barred from claiming damages as a shareholder in the project.
Investment broker Musst Holdings Ltd. said Thursday that an asset manager owed it unpaid finder's fees for $85 million in investments Musst had facilitated.
A businessman's attempt to challenge a civil value-added tax evasion penalty of almost £5 million ($6.6 million) was refused because it was launched in breach of the time limit for appeals, a London tribunal ruled.
European Union member states cannot deny value-added tax exemptions solely due to improperly filed paperwork if companies can still prove that they sold cross-border goods within the bloc, the EU's top court ruled Thursday.
The government said it will reassess its controversial decision not to pay compensation to millions of women over state pension shortfalls, after new evidence emerged before an upcoming legal battle with campaigners.
K&L Gates LLP announced Thursday it has hired Winston & Strawn's former Paris head of arbitration as a litigation and dispute resolution partner to strengthen the firm in international arbitration.
