Britain's top court ruled on Wednesday that deferred pay distributed to individual partners at a foreign exchange trading firm must be taxed as income, giving a win to HM Revenue and Customs in its challenge to the company's remuneration structure.
Britain's top court ruled on Wednesday that deferred pay distributed to individual partners at a foreign exchange trading firm must be taxed as income, giving a win to HM Revenue and Customs in its challenge to the company's remuneration structure.
The former director of a media company told Britain's top court Wednesday that he should not be forced to buy out a minority shareholder after he obstructed the sale of the business, claiming he believed delaying a sale was in its best interests.
Investors in nationalized Argentine oil company YPF SA succeeded Wednesday in staying their attempt to enforce a now-overturned $16 billion New York judgment against the country in England while a U.S. appeal is underway.
More than 30 major businesses and institutions including H&M, Heineken and a university have sued Visa at a London court, alleging that the payment card company's fees and rules restricted competition and drove up prices.
A Lloyd's unit fought Wednesday to overturn a decision that it should pay $3.7 million under a mortgagee policy to cover losses from when a cargo ship struck a mine in Ukrainian waters, arguing the lender's losses actually stemmed from the vessel's fake war risks coverage.
A BBC employee has successfully appealed a decision dismissing her disability discrimination claim, claiming the broadcaster should not have assigned her late shifts because of her diabetes.
A former receptionist has persuaded an appeals judge to widen her claim that she faced direct disability discrimination after demonstrating that an earlier tribunal had overlooked allegations that a provider of office space sacked her because of her dyslexia.
An employment tribunal has ordered Kuwait's national airline to compensate an operations manager after it failed to increase his salary alongside everyone else's during an annual pay review even though he was performing well.
A Conservative lawmaker was set to introduce a private member's bill in the House of Commons on Wednesday aimed at expanding protection against strategic lawsuits against public participation, known as SLAPPs, a day after similar measures were proposed in the House of Lords.
While the nonequity partner model may offer law firms' management flexibility and be a genuine stepping stone for lawyers in some organizations, at others the tier functions more as an extended holding pattern whose uncertainty can cause frustration for ambitious lawyers, say Filippo Falchi and Portia White at Major Lindsey.
