A prominent political donor and businessman argued at the start of a London trial Wednesday that the BBC had falsely accused him of being involved in corrupt business dealings in three different countries, saying the broadcaster's case that the allegations were true was "plainly not sufficient."
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Amersi Says BBC Lacks Evidence Of Corrupt Telecoms Deals

By Ronan Barnard

A prominent political donor and businessman argued at the start of a London trial Wednesday that the BBC had falsely accused him of being involved in corrupt business dealings in three different countries, saying the broadcaster's case that the allegations were true was "plainly not sufficient."

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Accused Celeb's Suicide Risk No Bar To Naming, Media Argue

By Robbie Kalus

Naming a well-known public figure accused of using his power to sexually abuse young women would be "a valuable contribution of public importance," lawyers for The Guardian and Independent Television News argued in a London court on Wednesday. 

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Insurer Revives Damages Bid In Oil Spill Fight At Top Court

By Martin Croucher

The U.K. Supreme Court on Wednesday backed a marine insurer's attempt to seek damages from Spain and France for suing it in Spanish courts over damages from a massive oil tanker spill rather than using arbitration in London.

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SECURITIES & BANKING

Crypto Co. Denies Promising Fintech Execs 'Founder' Stakes

By Tom Fish

Digital asset business Haycen has denied two former associates' claims they were promised co-founder-level stakes in its digital currency arm, arguing that they worked mainly as advisers and consultants and have "grossly overstated" their contributions.

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CONTRACTS

UK Atomic Authority Denies Procurement Process Was Unfair

By Isabel Jackson

The Atomic Energy Authority has denied unlawfully awarding an ultra-high-temperature testing equipment contract to a German manufacturer, rejecting a rival bidder's allegation that the winning company did not have the required manufacturing capability.

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COMMERCIAL FRAUD

Stellantis Can't Block Motorist Group's 'Dieselgate' Claim

By Isabel Jackson

Auto group Stellantis failed Wednesday to immediately strike out a claim brought by around 5,000 motorists outside the main "Dieselgate" litigation, as a London court gave them 21 days to serve detailed pleadings or face automatic dismissal.

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ARBITRATION

Questions Remain In $1.5B Iraq, Turkey Feud, Court Hears

By Caroline Simson

Turkey is pressing a D.C. federal court to reject a magistrate judge's recommendation to enforce an arbitral award ordering it to pay some $1.47 billion in damages to Iraq, saying the judge wrongly analyzed the issue of interest and that the ultimate prevailing party still isn't clear.

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TAX

UK Director Owes Tax On Shuffled Debt, Tribunal Affirms

By Jack McLoone

The moving of a roughly £513,000 ($684,000) loan a U.K. director owed his company to its parent holding company still counts as a release of the loan, a London court affirmed Wednesday, sticking the director with an additional £195,000 in income tax.

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PROPERTY & CONSTRUCTION

Burges Salmon Beats Buyer's Claim Over Property Deal

By William Janes

Burges Salmon LLP defeated a claim on Wednesday from a prospective buyer of two east London properties who alleged that the firm mishandled information and evidence he provided about potential fraud exposure during the transaction.

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EXPERT ANALYSIS

How Employment Ruling Limits Buyer's Inherited Tort Liability

The Court of Appeal’s ruling that a psychiatric hospital did not inherit vicarious liability for alleged staff abuse of a patient under previous owners will have immediate practical consequences as third parties seek to use protections meant for employees at workplaces changing hands to pursue buyers as substitute defendants, say lawyers at CMS.

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LAW FIRMS IN TODAY'S NEWS

Blackstone Chambers

Brick Court Chambers

Bristows LLP

Burges Salmon

CMS Cameron McKenna Nabarro Olswang

Candey Ltd.

Cleary Gottlieb

Clifford Chance

Clyde & Co

Doughty Street Chambers

Essex Court Chambers

Fountain Court Chambers

Gatehouse Chambers

Henderson Chambers

Jones Day

K&L Gates

King & Spalding

Matrix Chambers

Mills & Reeve

Monckton Chambers

Nabarro LLP

One Essex Court

Outer Temple Chambers

Steptoe LLP

Twenty Essex

Vinson & Elkins

Wiggin LLP

Withersworldwide

gunnercooke LLP

COMPANIES IN TODAY'S NEWS

Adidas AG

British Broadcasting Corp.

Credit Suisse Group AG

Google LLC

Groupe PSA

HSBC Holdings PLC

ITV PLC

KPMG International

Maserati North America Inc.

Mercedes-Benz USA LLC

Northern Trust Corp.

Stellantis NV

UBS Group AG

GOVERNMENT AGENCIES IN TODAY'S NEWS

Financial Conduct Authority

International Chamber of Commerce

National Health Service

U.S. District Court for the District of Columbia

UK Court of Appeal

UK First-tier Tribunal

UK High Court

UK Supreme Court

UK Upper Tribunal