Europe's top court ruled Thursday that the rules of the governing body of world football regarding players' agents breach the EU's ban on cartels, but said national courts must decide whether other rules also violate competition law.
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ECJ Leaves Most FIFA Agent Rules To Lower Courts

By Sophia Dourou

Europe's top court ruled Thursday that the rules of the governing body of world football regarding players' agents breach the EU's ban on cartels, but said national courts must decide whether other rules also violate competition law.

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Businessman To Repay $4.9M In Rajasthan Royals Stake Fight

By Eddie Beaver

Businessman Raj Kundra must repay $4.9 million he received under a settlement resolving disputes over his former Rajasthan Royals stake, as a London court ruled Thursday that he has no realistic prospect of defeating claims that his social media posts about the cricket franchise breached the agreement.

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Next Says Smiling Jellycat Toy Design Is Too Common To Be IP

By Hanna Vioque

British retailer Next has pushed back against toymaker Jellycat's claims that a biscuit-shaped cushion and doorstop were copies of its "Amuseables" plush toy range, arguing that simple facial features on soft toys is not unique to the popular brand.

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SECURITIES & BANKING

2nd Circ. Shields Switzerland From Credit Suisse Bond Suit

By Brian Steele

In a published opinion Thursday, the Second Circuit affirmed the dismissal of a $372 million bondholder suit against Switzerland over the 2023 collapse of Credit Suisse AG and the reduction in value of $17.3 billion of debt securities, agreeing with a New York judge that the country is immune from being sued in U.S. district court.

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DATA PROTECTION

Capita Seeks To Cut Damages In £5M Data Breach Claim

By Eddie Beaver

Outsourcing giant Capita urged a London court on Thursday to trim the claims of almost 4,000 individuals who say the company owes them up to £5 million ($6.75 million) over a cyberattack, arguing that claims for aggravated and exemplary damages are not supported by evidence. 

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CONTRACTS

Belgian Energy Revenue Cap Is Lawful, EU Court Adviser Says

By Natalie Olivo

An adviser to the European Union's top court backed Belgium's application of a bloc-wide mechanism for capping revenue collected by certain energy companies, concluding Thursday that the levy didn't deviate from EU law despite applying at a lower threshold.

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INTELLECTUAL PROPERTY

Plastics Biz Denies Copying 'Dragons' Den' Shower Caddy

By Hanna Vioque

A plastics manufacturer has pushed back against claims from a "Dragons' Den"-winning shower products company that it is infringing design rights over a rustproof, glue-on shower caddy, arguing the rights were invalid to begin with.

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TAX

HMRC Resists Port Co.'s Claim To Broader Tax Allowances

By Josh White

HM Revenue & Customs pushed back Thursday against Liverpool's port operator over its claims that the construction costs of a quay wall qualify for capital allowances, arguing before the Upper Tribunal that the use of the structure to mount cranes doesn't entitle it to such tax breaks.

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EMPLOYMENT & BENEFITS

Rail Operators Lose Appeal Over £4.9M Union Offer Payout

By Max Austin

A London appeals tribunal held Thursday that two rail operators breached collective bargaining rules by cutting negotiations short and taking a pay offer directly to union members, preserving a £4.9 million ($6.4 million) payout to 1,250 workers.

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LIBEL & DEFAMATION

Reform UK's Tice Sues Dale Vince In Widening Gaza Libel Row

By Robbie Kalus

Richard Tice is seeking damages from Dale Vince, claiming the green energy entrepreneur defamed him by saying the Reform UK deputy leader had tried to stop him from "telling the truth" about Gaza, escalating their ongoing legal dispute.

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LAW FIRMS IN TODAY'S NEWS

11 New Square

11KBW

4 Stone Buildings

8 New Square

Barings Law

Blackstone Chambers

Brett Wilson LLP

Cloisters

Eversheds Sutherland

Hogarth Chambers

Lewis Silkin

Littleton Chambers

Meritz Reddy

Old Square Chambers

One Essex Court

Quinn Emanuel

Stephenson Harwood

TLT LLP

Three New Square

Wachtell Lipton

COMPANIES IN TODAY'S NEWS

Aldi GmbH & Co. KG

Capita Group

Credit Suisse Group AG

Ernst & Young LLP

Federation Internationale de Football Association

Hitachi Ltd.

Rail Europe Inc.

UBS Group AG

Universities Superannuation Scheme Ltd.

GOVERNMENT AGENCIES IN TODAY'S NEWS

European Union

HM Revenue & Customs

Information Commissioner's Office

Supreme Court of India

U.S. Court of Appeals for the Second Circuit

U.S. District Court for the Southern District of New York

UK First-tier Tribunal

UK High Court

UK Pensions Regulator

UK Upper Tribunal