Crispin Odey has dropped his £79 million ($106 million) libel claim against the Financial Times over a series of articles about allegations of sexual misconduct against the hedge-fund founder, the newspaper has said.
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Crispin Odey Drops £79M FT Sexual Misconduct Libel Case

By William Janes

Crispin Odey has dropped his £79 million ($106 million) libel claim against the Financial Times over a series of articles about allegations of sexual misconduct against the hedge-fund founder, the newspaper has said.

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Brief

Investor Hits Litigation Funder With Winding-Up Order

By Max Austin

London-based litigation funder Fenchurch Legal has been hit with a winding-up petition by an investment manager, months after the parties became embroiled in a dispute over a multimillion-pound loan.

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Law Society Sets Limits On Non-Solicitors After Mazur Ruling

By Eddie Beaver

The Law Society said Monday that non-solicitors can carry out litigation tasks under supervision, provided an authorized lawyer remains responsible, issuing its first practical guidance after the Court of Appeal's landmark ruling in Mazur.

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CONTRACTS

Architect Denies Defective Designs In £28M Housing Row

By Eddie Beaver

An architectural firm has denied that its defective designs created nearly £1 million ($1.35 million) in extra costs for a London development that is subject to a wider £28.8 million dispute, arguing instead that the overruns stemmed from a building contractor's insolvency.

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Site Investigator Hits Back At £3M Botched Report Claim

By Ronan Barnard

An English construction site investigation consultancy facing a £3.2 million ($4.3 million) legal claim from a property developer has denied it negligently failed to properly survey a site, saying its reports were based on the information it had at the time.

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ARBITRATION

CK Hutchison's Panama Ports Biz Hits Maersk With Arbitration

By Joyce Hanson

Panama Ports Co. SA, a subsidiary of Hong Kong-headquartered conglomerate CK Hutchison Holdings Ltd., said it has begun arbitration proceedings against shipping giant Maersk A/S over its takeover of the PPC port terminals in Panama.

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Spain Faces Enforcement Of €77M Renewable Energy Award

By Joyce Hanson

A D.C. federal judge has refused to disallow subpoenas issued against Spain by Blasket Renewable Investments LLC as the creditor looks to capture Spanish assets to enforce an arbitral award of about €77 million ($90 million) under the Energy Charter Treaty.

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INTELLECTUAL PROPERTY

House Of Fraser Left Bruised After TM Clash With Property Biz

By Jamie Lennox

House of Fraser has lost swaths of its brand protections in the U.K. following a "Frasers" trademark clash with a Singaporean property firm of the same name.

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EMPLOYMENT & BENEFITS

Amazon Cleaner Fired For Juice Theft Claims Migrant Bias

By Hanna Vioque

A 60-year-old Latin American cleaner is suing Amazon for allegedly firing her out of prejudice against migrants after falsely accusing her of stealing a damaged juice carton, her union representatives announced on Monday.

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Worker Fired For Opposing Racist Work Culture Wins £13K

By Hanna Vioque

An employment tribunal has ruled that a manufacturer of solid surfaces must pay £13,617 ($18,325) to a polisher for trying to defame him and firing him directly after he complained about the racist workplace culture.

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LAW FIRMS IN TODAY'S NEWS

4 New Square

D Young & Co

Gatehouse Chambers

Hogarth Chambers

Kennedys Law LLP

Keoghs LLP

King & Spalding

Matrix Chambers

One Essex Court

Pinsent Masons

Reynolds Porter

Sidley Austin

Walker Morris LLP

COMPANIES IN TODAY'S NEWS

A.P. Moller-Maersk

AES Solar

Amazon.com Inc.

CK Hutchison Holdings Ltd.

Clearing House Payments Co. LLC

Financial Times Group Ltd.

Fort Point Capital

House of Fraser

Mediterranean Shipping Co. SA

NextEra Energy Inc.

Odey Asset Management LLP

GOVERNMENT AGENCIES IN TODAY'S NEWS

Companies House

European Commission

European Union

Financial Conduct Authority

International Chamber of Commerce

U.S. District Court for the District of Columbia

U.S. Supreme Court

UK High Court

UK Intellectual Property Office (IPO)

UK Upper Tribunal