Visa and Mastercard are facing a collective action from U.K. businesses seeking more than £700 million ($925 million) in compensation over allegedly excessive fees charged on card payments after Brexit, a former official at the Competition and Markets Authority said Thursday.
Visa and Mastercard are facing a collective action from U.K. businesses seeking more than £700 million ($925 million) in compensation over allegedly excessive fees charged on card payments after Brexit, a former official at the Competition and Markets Authority said Thursday.
Pogust Goodhead has changed its name back to PGMBM after both its founders threatened litigation if the firm continued to use their names amid a fight over whether it can continue representing claimants in the £36 billion ($48 billion) Mariana dam claim.
Motorists said on Thursday they would challenge at the Court of Appeal findings that most vehicles in a diesel emissions trial involving some of the largest carmakers contained no unlawful "defeat devices" after the trial judge rejected their request to appeal.
Lawyers say they expect more people to claim compensation for silicosis developed as a result of exposure in the workplace amid a rise in regulatory action and diagnoses of the incurable progressive lung condition.
Two beauty training providers have accused a law firm of advising them to sue their former business partners before serving a claim notice required under contract, allegedly costing them £9.3 million ($12 million).
Insurers MS Amlin and Lancashire have separately agreed to undisclosed settlement terms with scores of aircraft leasing companies that sued to claw back money for planes stranded in Russia after the country's invasion of Ukraine.
Insurance broker Marsh has agreed to settle its dispute with a group of companies in the Stonegate Pub Co. portfolio that claimed for losses allegedly sustained in the wake of the COVID-19 pandemic.
The former chief executive of collapsed lender Market Financial Solutions avoided on Thursday an imminent hearing over claims he funneled millions of pounds from a financial intermediary linked to MFS into companies he owned and controlled.
Taylor Wimpey can proceed with its £33 million ($44 million) claim against two units of French construction giant Vinci over fire safety defects in apartment blocks after a court rejected the defendants' argument that the case is an "abuse of process."
A British baron has sued Ashfords LLP, alleging that the firm's negligent estate planning advice left his family with "a much greater" inheritance tax bill, and seeking up to £702,012 ($930,000) in damages.
A German claims aggregator is citing an award it received in ongoing arbitration involving Burford Capital as reason for the U.S. Supreme Court to pass on the litigation funder's certiorari petition seeking review of an unfavorable Third Circuit decision.
The owners of the rights to Paddington Bear have pushed back against a satirical show's claims that its depiction of the beloved furry character snorting cocaine and selling guns was merely a parody, arguing that it was instead extreme "shock humor."
Ride-hailing giant Bolt said Thursday it was disappointed in the U.K. Supreme Court's refusal of the company's appeal over its claim to a value-added tax margin scheme to reduce an estimated liability of £190 million ($251.6 million).
A wealth management business has accused three ex-employees of setting up competing businesses that snapped up clients with more than £100 million ($132.2 million) in managed assets, claiming they secretly built up the rival while on its payroll.
A senior executive at a building materials company won permission Thursday to challenge a ruling enforcing a nine-month noncompete clause, as an appeals court agreed to hear arguments that the restriction went further than necessary to protect her former employer.
The recent U.K. Supreme Court decision in Tesla v. InterDigital & Avanci determined that English and Welsh courts can resolve license rate-setting disputes for standard essential patents, with a U.K. FRAND determination serving as leverage in negotiating high-value licenses for standardized technologies, say lawyers at Quinn Emanuel.
