British rock band Oasis sued its former sound engineer in a London court on Tuesday ahead of an auction of hundreds of unheard recordings of the band from the 1990s.
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Oasis Sues Ex-Soundman Amid Auction Of Unheard Tapes

By Jamie Lennox

British rock band Oasis sued its former sound engineer in a London court on Tuesday ahead of an auction of hundreds of unheard recordings of the band from the 1990s.

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Man City Used 'Sham' Deals To Inflate Income By £900M

By Jamie Lennox

Manchester City used "sham" contracts to boost its income by around £900 million ($1.2 billion) as the club repeatedly breached the Premier League's financial rules over a nine-season period, a panel held in a ruling released Tuesday.

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Binance Unauthorized Derivatives Claim Swells To £250M

By Sophia Dourou

More than 1,000 investors have joined a group action case accusing Binance of illegally selling them high-risk derivatives products, increasing the value of the claim to £250 million ($331 million), their lawyers said Tuesday.

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TRANSACTIONS

Scandi Co. Blames Brexit For £33M Haulage Biz Earnout Claim

By Robbie Kalus

A Swedish haulage giant has denied sabotaging a British company it acquired in order to avoid paying the sellers a performance bonus, instead blaming a slump in post-takeover revenue on economic shifts after Brexit.

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COMMERCIAL FRAUD

MFS Boss Blames Barclays For Collapse In £1.3B Fraud Case

By Sophia Dourou

The former owner of Market Financial Solutions has denied siphoning off £1.3 billion ($1.7 billion) from the property finance business, blaming Barclays for its collapse.

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INTELLECTUAL PROPERTY

Sensodyne, Aquafresh TM Owners Settle With Competitor

By Max Austin

The companies behind Sensodyne and Aquafresh toothpastes have settled a claim accusing a personal care retailer of trademark infringement, ending litigation over concerns that shoppers would be misled into buying its "Sensio" and "Triple Protect" products. 

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INSOLVENCY

Luxury Kitchen Co. Seeks £20M After Shop Flood 'Fuck Up'

By Robbie Kalus

A high-end bespoke London kitchen designer is suing a plumbing company for £20 million ($26 million), claiming that negligent workmen flooded its showroom with sewage and rainwater.

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EXPERT ANALYSIS

Gov't Projects Report Signals Areas Of Dispute Risk

The National Infrastructure and Service Transformation Authority's recent report assessing major government projects provides an indicator of future contractual and regulatory risks for companies, and of how the increased emphasis on project oversight and early intervention may influence the disputes landscape, says Theresa Mohammed at Watson Farley.

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LAW FIRMS IN TODAY'S NEWS

3 Verulam Buildings

4 Stone Buildings

8 New Square

Bird & Bird

Blackstone Chambers

Bray & Krais

Clifford Chance

Clyde & Co

Devonshires Solicitors

Kirkland & Ellis

Mishcon de Reya

Stephenson Harwood

Three New Square

Three Stone

Walker Morris LLP

Watson Farley

gunnercooke LLP

COMPANIES IN TODAY'S NEWS

AlixPartners LLP

Binance Holdings Ltd.

Getty Images Holdings Inc.

Haleon PLC

Sony Music Entertainment Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Commodity Futures Trading Commission

Financial Conduct Authority

London Fire Brigade

U.S. Department of Justice

UK High Court