Nick Ephgrave will leave the Serious Fraud Office better off, faster and more aggressive than he found it, raising challenges for his successor to build on the foundations laid during his relatively short tenure, lawyers have said.
Nick Ephgrave will leave the Serious Fraud Office better off, faster and more aggressive than he found it, raising challenges for his successor to build on the foundations laid during his relatively short tenure, lawyers have said.
Two men accused by the Serious Fraud Office of defrauding investors as part of a £70 million ($94 million) tree plantation scheme pleaded guilty to fraud charges at a London court on Friday, two weeks prior to their trial.
The accounting regulator revealed Friday that a former finance executive has been removed from the profession for five years for failing to cooperate with its investigation into suspected accounting irregularities at a pipeline company which had collapsed.
The finance watchdog said Friday that it has fined an oil rig consultant for breaching market abuse rules by using inside information about the discovery of oil and gas to pocket almost £130,000 ($174,000).
The U.K.'s top court will soon determine whether whistleblowers who claim automatic unfair dismissal can bring separate detriment cases based on sackings, after senior barristers formally filed their appeal in the landmark case.
This past week in London saw the David Lloyd gym chain file an intellectual property claim against its founder, security company Primekings reignite a long-running dispute with the former owners of an acquired business, and a pair of Belizean developers sue a finance executive they say shut them out of a cruise port project.
A law firm asked a court on Friday to find that a former client's series of emails accusing it of fraudulently overcharging him were accusing it of being dishonest as a matter of fact.
More than half of U.K. businesses fear legal risks and damage to reputation from the rapid adoption of artificial intelligence, insurance giant Allianz has warned.
The British Insurance Brokers' Association has said it is working with the government to develop a directory of cyber insurance brokers in an effort to close the so-called protection gap at U.K. businesses.
The new U.K. prospectus regime for trading on regulated markets, effective Jan. 19, aims to streamline processes and reduce costs, but a significant shift in structuring and disclosure obligations will increase pressure on practitioners to manage risk under tighter timelines, say lawyers at Baker Botts.
A recent Singapore court ruling in DNZ v. DOA upholding an arbitration award against Poland constitutes a significant affirmation of the autonomy of international arbitration from regional constitutional orders when disputes are adjudicated outside those orders, says Josep Galvez of 4-5 Gray's Inn.
