A private investment company has sued an insurance company for more than £40 million ($53.8 million), alleging that it is entitled to payouts under thousands of after-the-event insurance policies linked to unsuccessful cavity wall insulation claims.
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TOP NEWS

Investment Co. Says Insurer Must Pay £40M For Failed Claims

By Eddie Beaver

A private investment company has sued an insurance company for more than £40 million ($53.8 million), alleging that it is entitled to payouts under thousands of after-the-event insurance policies linked to unsuccessful cavity wall insulation claims.

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Insurer Claims It Was Misled Into Issuing £2.9M Clarion Bonds

By William Janes

An insurance company has accused Clarion Housing Association Ltd. of claiming payouts of more than £2.9 million ($3.9 million) under bonds that the insurer said it issued because of false misrepresentations.

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Brief

Unclaimed Stagecoach Class Action Payout To Fund Legal Aid

By Eddie Beaver

A national grant-making charity said Monday that it will distribute £3.9 million ($5.3 million) in unclaimed damages from a class action against rail operator Stagecoach to 16 legal and consumer advice organizations across Britain.

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EMPLOYMENT & BENEFITS

Worker Given 3 Hours' Notice Of Disciplinary Probe Wins £19K

By Hanna Vioque

An employment tribunal has ordered a refugee and migrant nonprofit to pay £19,306 ($25,993) to a worker it unfairly dismissed and discriminated against by giving him just three hours' notice before a disciplinary investigation despite knowing he suffered from anxiety. 

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Sales Manager Wins Appeal Against $150K Bonus Cap

By Max Austin

A sales manager won an appeal Monday over a bonus dispute worth more than £500,000 ($673,000) after an appeals tribunal ruled that his employer unlawfully slashed his payout by capping his earnings months after approving the award. 

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Manufacturer Settles Claim Over Ex-Director's Email Handover

By Eddie Beaver

A chemicals manufacturer has settled its claim against a former director it alleged was withholding access to emails containing company invoices and performance information after he left the company.

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PEOPLE

Brief

Payne Hicks Beach Announces Leadership Changes

By Ashish Sareen

Payne Hicks Beach LLP said Monday that a commercial disputes partner is taking over as the new chair of its management board, one of several leadership changes as the firm looks to ensure continued growth.

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LAW FIRMS IN TODAY'S NEWS

4 New Square

Burges Salmon

CMS Cameron McKenna Nabarro Olswang

DLA Piper

DWF LLP

Devonshires Solicitors

Eversheds Sutherland

Keystone Law

Nabarro LLP

Payne Hicks

COMPANIES IN TODAY'S NEWS

Clarion Housing Association Ltd.

Wipro Limited

GOVERNMENT AGENCIES IN TODAY'S NEWS

Competition Appeal Tribunal

UK High Court