The widow of shipbuilding magnate Iskandar Safa urged an appeals court Thursday to overturn a ruling allowing Mozambique to add her to its bribery case after the country secured a $1.9 billion damages award, arguing that any claim against her belongs in Lebanon.
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Safa Wife Bids To Slip Net Tying Her To $2B Tuna Bonds Case

By Eddie Beaver

The widow of shipbuilding magnate Iskandar Safa urged an appeals court Thursday to overturn a ruling allowing Mozambique to add her to its bribery case after the country secured a $1.9 billion damages award, arguing that any claim against her belongs in Lebanon.

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Goldman Sachs Must Pay £1.45M For Paternity Leave Firing

By Adele Redmond

A former Goldman Sachs compliance officer has won £1.45 million ($1.93 million) after the investment bank discriminated against him by sacking him while he was on paternity leave.

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Hasbro Gets Injunction In 'Peppa Pig' Copyright Spat

By Alex Baldwin

Hasbro has convinced judges at the High Court to order the makers of a YouTube cartoon series called Wolfoo to remove every piece of infringing content linked to the cartoon from its popular YouTube channel, after the court found that it copied thousands of sound effects from Peppa Pig.

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Brief

Ex-Liverpool Player Must Pay Charles Russell's £47K Costs

By Ronan Barnard

Charles Russell Speechlys LLP will get £47,000 ($63,220) in legal costs from a former Premier League footballer client now barred from suing the firm again, according to a court order.

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CONTRACTS

Sopra Steria Files 5th Claim Against DWP Over £1B Contract

By Robbie Kalus

French technology consultant Sopra Steria has filed the latest in a string of legal challenges against the U.K. government over its failed bid to secure a £1 billion ($1.3 billion) HR systems contract.

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SECURITIES & BANKING

Online Payment Biz Wins Back $12M Funds Held In Reserve

By Ronan Barnard

Online payment company QuidPay on Thursday won its bid to get back funds worth more than $12 million held by a fintech platform, with a London judge finding the platform could not hold the funds as a reserve after contracts were terminated.

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Brief

ICBC Bank Settles Hacking Imposter Claim

By Robbie Kalus

ICBC Standard Bank has settled a hacking claim with a client company that alleged the lender transferred €795,000 ($912,000) from the client's account on the instructions of an imposter impersonating the company's director.

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INTELLECTUAL PROPERTY

Fintech Says Ex-Exec Used Secret Info To Build Rival Platform

By Jamie Lennox

A financial technology company has accused a former executive of misusing its confidential information while still an employee to build a competing platform, as it asked a London court to declare it the owner of the new business.

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TAX

Perenco Beats HMRC's Challenge Of £39M In Tax Allowances

By Josh White

British oil company Perenco is entitled to tax allowances of £39 million ($52.5 million) on the purchase of BP oilfields even though it agreed to sell part of the sites to Premier Oil days later, a London tribunal ruled, rejecting a challenge by HM Revenue & Customs.

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LEGAL ETHICS & MALPRACTICE

Developer Blocks £273K Payout After Solicitor's Slip-Up

By Max Austin

A developer has won a second chance to challenge a £273,000 ($368,000) award to its former director after persuading a tribunal that its prior solicitor at Gunnercooke failed to notify the company of the remedy hearing.

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EXPERT ANALYSIS

Patent Dispute Takeaways From Ruling In Kodak Appeal

The Unified Patent Court’s recent appeal decision in Kodak v. Fujifilm, confirming that the UPC may exercise jurisdiction over non-UPC patent designations, creates opportunities for patentees to pursue claims involving both UPC and non-UPC designations before a single forum, say lawyers at Morgan Lewis.

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LAW FIRMS IN TODAY'S NEWS

11 New Square

4 New Square

A&O Shearman

Blacks Solicitors

Blackstone Chambers

Brick Court Chambers

Charles Russell Speechlys

Clifford Chance

Cloisters

Debevoise & Plimpton

Essex Court Chambers

Forsters LLP

Fountain Court Chambers

HSF Kramer

Hogarth Chambers

Lewis Silkin

Littleton Chambers

Morgan Lewis

Old Square Chambers

Osborne Clarke

Peters & Peters Solicitors

Reynolds Porter

TLT LLP

XXIV Old Buildings

gunnercooke LLP

COMPANIES IN TODAY'S NEWS

AB Electrolux

BSH Hausgeräte GmbH

Credit Suisse Group AG

Eastman Kodak Co.

Fujifilm

Hasbro Inc.

ICBC Standard Bank PLC

Liverpool FC

Signify N.V.

Sopra Steria Group

The Goldman Sachs Group Inc.

YouTube Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Companies House

Department for Work & Pensions

European Union

HM Revenue & Customs

UK Court of Appeal

UK First-tier Tribunal

UK High Court

UK Ministry of Justice

Unified Patent Court