Visa and Mastercard are facing class actions potentially worth billions of pounds for allegedly charging unlawful transaction fees, the law firms bringing the claims said Monday.
Visa and Mastercard are facing class actions potentially worth billions of pounds for allegedly charging unlawful transaction fees, the law firms bringing the claims said Monday.
Energy trader Mercuria accused the Baltic Exchange on Monday of keeping an unreliable benchmark running to avoid losing business to a rival, despite internal warnings that disruption in the Strait of Hormuz had made its assessments meaningless.
Caterpillar told a tribunal on Monday that the U.K. trade authority created a "Frankenstein price" to wrongly justify a steep import duty on the construction equipment giant's Chinese-made excavators following an anti-dumping investigation.
A property investor urged London's Court of Appeal on Monday to overturn findings that he misrepresented costs in a London real estate joint venture, arguing that the trial judge applied the wrong legal test when deciding he owed fiduciary duties.
The Competition Appeal Tribunal approved a £7.6 million ($10.2 million) costs settlement in favor of Govia Thameslink Railway and its parent companies on Monday following the collapse of a £400 million collective action brought by the late David Boyle.
EasyJet has denied that it owes the Irish arm of a Russian aircraft lessor $72 million, telling a London court that it had to abandon six aircraft in light of U.K. and European Union sanctions.
Insurer QBE has beaten a roofing contractor's claim that it must indemnify the company against potential liability for damage caused by a fire at a prep school, where the building's owners are threatening to sue.
MS Amlin has denied that it owes $2.6 million to the owner of a vessel that ran aground in the Solomon Islands, saying it's not liable for legal costs linked to a $47 million arbitration award that a now-insolvent business it insured didn't pay.
A property developer is seeking to overturn a judgment against him of almost $15 million, alleging that his former business partner's company used a fraudulent agreement bearing a signature in his name to persuade a court that he owed millions under a financing deal.
A collapsed care home operator has sued its former director in a London court, accusing her of siphoning more than £1.3 million ($1.7 million) from the company to pay for a range of "improper" expenses.
A former Convatec employee can combine the benefit of his inventions at the medical products company when seeking a share of the profits worth up to £366 million (£489 million), as an appeals court Monday criticized patent legislation as "not fit for purpose."
An engineering consultancy has defended its $17 million claim against Aecom over delays in building a data center in Frankfurt for Google, telling the High Court that its $15 million settlement with the facility's operator was reasonable.
A property company has denied that it is liable for £10 million ($13.4 million) worth of defects and subsequent costs at an English holiday park, arguing in a London court that it never assumed the original developer's obligation to complete the development.
Lucy Ward, Stewarts' co-head of commercial litigation, discusses the challenges of representing controversial clients, the promise she sees in artificial intelligence and why legal practice will remain a people's game.
