Liquidators for Saad Investments have launched a professional negligence claim against Morrison Foerster LLP and a senior barrister, who represented the defunct lender in a failed fight for compensation for shares worth $318 million.
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TOP NEWS

MoFo, KC Face Saad Negligence Case After $318M Court Loss

By William Janes

Liquidators for Saad Investments have launched a professional negligence claim against Morrison Foerster LLP and a senior barrister, who represented the defunct lender in a failed fight for compensation for shares worth $318 million.

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BHP Denied Appeal Over £36B Brazil Dam Liability Ruling

By Eddie Beaver

BHP cannot challenge findings that it is liable for a £36 billion ($49 billion) claim over a collapsed dam in Brazil, as a London appeals court ruled Wednesday that the trial judge had not unjustly failed to engage with the miner's case.

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Ex-Rosenblatt Firm Says VC Co. Should Pay Its £6M Legal Bill

By Sophia Dourou

Winros Partnership, formerly known as Rosenblatt Solicitors, told an appeals court Wednesday that a venture capital firm should pay its £6 million ($8.2 million) bill, arguing it should be allowed to claim the reasonable value of its services.

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Consultancy Pro Says £46M Staff Raid Case Belongs In UAE

By William Janes

A former partner of a management consultancy asked a London court on Wednesday to stay a £46 million ($62.6 million) claim that he took part in a mass exit of 24 employees who jumped ship to a competitor, arguing the case should be heard in Dubai.

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SANCTIONS

Ex-Everton FC Director Appeals 'Capricious' UK Sanctions

By Ronan Barnard

A former director of Everton Football Club said at a London court Wednesday that the U.K. government's decision to sanction him after the Russian invasion of Ukraine had been "utterly capricious."

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INTELLECTUAL PROPERTY

Tent Designer Sues Rival For Stealing Safety Ladder Design

By Max Austin

A South Korean designer of vehicle-mounted roof tents has accused a British rival of copying key features of its patented ladder safety design and selling a reproduced version on its website, despite repeated warnings to stop.

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Vape Biz Ordered To Pay Costs After TM Case Tossed

By Hanna Vioque

A London judge has ordered a vape maker to pay £175,000 ($238,000) to a rival it had accused of trademark infringement over its use of "Vape Stop" signs, after finding that VapeStop couldn't afford a full trial. 

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EMPLOYMENT & BENEFITS

Asda Can Use Experts' Evidence In £1.2B Equal Pay Fight

By Max Austin

A tribunal has ruled that Asda can call on expert evidence in its £1.2 billion ($1.6 billion) equal pay dispute to support its case that market conditions drove pay differences between thousands of shop and distribution workers.

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Royal Mail Beats Ex-GB Athlete's Discrimination Claims

By Jamie Lennox

A former postal worker who represented Great Britain as an athlete has lost his discrimination claim against Royal Mail, failing to convince a tribunal that the delivery business mistreated him because of his age or disability.

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LEGAL ETHICS & MALPRACTICE

Egyptian Lawyer Wins Bias Claim Over Firing For Text Use

By Hanna Vioque

A playground equipment maker discriminated against its only Egyptian staffer by conducting a campaign to have him fired for incorrectly reporting absences via texts even though bosses accepted this behavior from colleagues, an employment tribunal has ruled.  

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EXPERT ANALYSIS

SFO Plan Focuses On Resilience But Funding Doubts Persist

The Serious Fraud Office’s emphasis on tighter case management and making greater use of technology in its latest business plan suggests a concern with strengthening complex financial crime enforcement, however the agency may not have the resources to deliver meaningful change, say lawyers at Signature Litigation.

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LAW FIRMS IN TODAY'S NEWS

4 New Square

Blackstone Chambers

DLA Piper

Erskine Chambers

Eversheds Sutherland

HSF Kramer

Hailsham Chambers

Hogarth Chambers

Kennedys Law LLP

Knights PLC

Leigh Day

Mathys & Squire

Matrix Chambers

Mishcon de Reya

Morrison & Foerster

Old Square Chambers

One Essex Court

Outer Temple Chambers

Pogust Goodhead

Quinn Emanuel

Rosenblatt Solicitors

Serle Court

Signature Litigation LLP

Three New Square

Twenty Essex

COMPANIES IN TODAY'S NEWS

BHP Group PLC

KBW, Inc.

Meta Platforms Inc.

Royal Mail Group PLC

Samba Financial Group

Tesco Corp.

Vale SA

GOVERNMENT AGENCIES IN TODAY'S NEWS

Financial Conduct Authority

National Crime Agency

Serious Fraud Office

U.K. Foreign & Commonwealth Office

UK Court of Appeal

UK High Court