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.
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Analysis

Silicosis Claims Poised To Grow Amid Fresh Regulatory Focus

By Adele Redmond

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.

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Taylor Wimpey Can Proceed With £33M Fire Defects Claim

By Isabel Jackson

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."

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Kingspan Fined €40M Over Misleading EU Merger Info

By Tom Fish

The European Commission said Thursday it fined the Irish building materials giant Kingspan Group PLC €40 million ($44.7 million) for providing "incorrect and misleading information" while the executive body investigated its planned acquisition of a Slovenian manufacturer.

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POLICY & REGULATION

FCA Seeks 90-Day Notice For Property Fund Withdrawals

By Tom Fish

The Financial Conduct Authority floated plans Thursday to require investors seeking to withdraw money from retail funds heavily invested in illiquid assets, such as property, to provide asset managers with at least 90 days' notice.

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LITIGATION

Ashfords Sued For Negligence Over Estate Planning Advice

By Hanna Vioque

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.

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Construction Exec Can Appeal Scope Of 9-Month Noncompete

By Eddie Beaver

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.

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MFS Ex-Chief Raja Delays Ruling On £242M Funneling Claim

By Robbie Kalus

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.

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DEALS

Dutch Construction Biz To Buy Pipeline Firm In €504M Deal

By Irene Madongo

Dutch construction firm BAM said Thursday that it has agreed to buy pipeline business A.Hak for €504 million ($564 million) in a bid to strengthen its position in the local energy and water infrastructure market.

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LAW FIRMS IN TODAY'S NEWS

4 Pump Court

4 Stone Buildings

Ashfords LLP

Atkin Chambers

CMS Cameron McKenna Nabarro Olswang

Freeths LLP

Gateley PLC

Irwin Mitchell

Jones Day

Leigh Day

Littleton Chambers

Mishcon de Reya

Nabarro LLP

Penningtons Manches

Serle Court

Simmons & Simmons

Thompsons Solicitors

COMPANIES IN TODAY'S NEWS

ABN AMRO Bank NV

Euronext Amsterdam NV

ING Groep NV

Kingspan Group PLC

Rabobank

Vinci SA

GOVERNMENT AGENCIES IN TODAY'S NEWS

European Commission

European Union

Financial Conduct Authority

UK Court of Appeal

UK High Court