A London court ruling that major insurers must compensate aircraft lessors for planes seized by Russia will provide useful support for companies seeking repayments for assets stranded in conflict zones with little probability of their return.
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FRIDAY, JUNE 13, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

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Analysis

Lost Russian Jets Ruling Has Global Implications For Insurers

By Joanne Faulkner

A London court ruling that major insurers must compensate aircraft lessors for planes seized by Russia will provide useful support for companies seeking repayments for assets stranded in conflict zones with little probability of their return.

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10,000 Wilko Workers Win £2M Payout Over Consultation Fail

By Adele Redmond

Home goods retailer Wilko will pay a total of £2 million ($2.7 million) to more than 10,000 former staff whom it failed to properly consult about redundancies before it went bust in 2023, trade union GMB announced Thursday.

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Agent Can't Use Settlement Talks In Cardiff FC Contempt Case

By Ronan Barnard

A judge ruled Thursday that a football transfer agent and two of his family members cannot use without-prejudice communications in contempt proceedings brought by Cardiff City football team in a legal battle over the transfer of a player killed in a plane crash.

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COMMERCIAL FRAUD

UK Crime Agency Seizes £1M Home From UK Politician

By Christopher Crosby

The National Crime Agency said Thursday it has recovered a property worth in excess of £1 million ($1.36 million) in connection with a long-running money laundering investigation following an ownership dispute with the former lord mayor of Leeds.

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Everbright Exec Testifies He Trusted Media Biz's Financial Info

By Sophia Dourou

An executive of the Chinese financial services firm Everbright testified Thursday that a sports media rights business was portrayed as "well performing" before a joint venture acquired a majority stake, only to later discover its financial health was allegedly inflated.

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UK Investors Sue Cricket Team Owner Over Claimed Tax Fraud

By Josh White

Three U.K.-based investors in an Indian Premier League cricket team are seeking £10 million ($13.6 million) in damages from the club's owner, claiming in a London court that he duped them over the tax implications of selling their shares in his business.

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INTELLECTUAL PROPERTY

Anti-Piracy Firm Founder Denies Undermining Company

By Hanna Vioque

The founder of an anti-piracy technology company has pushed back on claims that he made disparaging comments about the business to clients and misused its confidential information when he departed.

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Pet Clothes Biz Says Rival Copied Medical Shirt Design

By Tabitha Burbidge

A Dutch company that makes shirts for pets to wear after treatment has launched legal proceedings against a U.K. rival for allegedly infringing its copyright by selling a range of shirts "highly similar" to its own pet recovery garments.

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TAX

Customs Missteps Don't Void VAT Exemption, ECJ Says

By Natalie Olivo

A horse owner can still claim a value-added tax exemption if she was merely negligent, rather than deceitful, in failing to declare her horses with Swedish customs officials, the European Court of Justice held Thursday.

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EMPLOYMENT & BENEFITS

Estate Agent Whistleblower Faces Conciliation Rule Challenge

By William Janes

An estate agency asked a London appellate court on Thursday to rule that a former employee could not bring whistleblowing claims because she did not go through a conciliation process first, arguing that conciliation was mandatory.

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Greeting Card Biz Exec's Firing Was Tied To £1 Share Grab

By Tabitha Burbidge

An Employment Tribunal has ruled that a co-founder and long-time managing director of a greeting card business was unfairly dismissed in a calculated and premeditated move by its new majority owners at a private investment firm.

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PEOPLE

Reed Smith Appoints New Head Of Its Frankfurt Office

By Ashish Sareen

Reed Smith LLP said Thursday that it has appointed debt finance specialist Oliver Hahnelt as the managing partner of its office in Frankfurt following the departure of its previous incumbent.

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LAW FIRMS IN TODAY'S NEWS

11KBW

3 Verulam Buildings

33 Chancery Lane

Addleshaw Goddard

Blackstone Chambers

Brabners LLP

Burges Salmon

Capital Law Ltd.

Enyo Law

Essex Court Chambers

Gatehouse Chambers

Greenberg Traurig

Herbert Smith Freehills

Lewis Silkin

Littleton Chambers

Martin LLP

Mayer Brown

Mishcon de Reya

Monckton Chambers

Morris Manning

One Essex Court

Outer Temple Chambers

Reed Smith

Serle Court

Simmons & Simmons

Simon Paschal

St John & St John

Stewarts Law LLP

Taylor Rose

Willkie Farr

COMPANIES IN TODAY'S NEWS

AerCap Holdings N.V.

American International Group Inc.

Comcast Corp.

Federation Internationale de Football Association

Warner Bros. Entertainment Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Companies House

European Commission

European Union

National Crime Agency

UK High Court