A solicitor has asked a court to unwind a share transfer that he allegedly made under duress to an ex-director and a lawyer with whom he was business, claiming that he had to make the transfer to quash a false fraud allegation.
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TUESDAY, JULY 23, 2024 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Lending Biz CEO Says Director Forced Him To Transfer Shares

By Jamie Lennox

A solicitor has asked a court to unwind a share transfer that he allegedly made under duress to an ex-director and a lawyer with whom he was business, claiming that he had to make the transfer to quash a false fraud allegation.

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Latham-Guided PE Firm To Buy UK Property Biz For £600M

By Tom Fish

Hammerson PLC said Monday that it has agreed to sell retail management company to a vehicle owned by U.S. private equity firm L Catterton for £600 million ($775.6 million) to help the real estate developer pay back debt and make other investments.

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Vodafone Raises Another €1.3B From German Towers Biz Sale

By Dawood Fakhir

Telecommunications giant Vodafone Group PLC said Monday that it has raised another €1.3 billion ($1.4 billion) from the 2022 sale of its German mobile phone tower operating company Vantage Towers.

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DEALS

Norton Rose, Akin Steer $900M LNG Biz Deal

By Tom Fish

Woodside said Monday it has agreed to buy Tellurian Inc., a liquefied natural gas developer in the U.S., for $900 million, with the Australian energy company saying that this will allow it to become a major player in the LNG business.

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Ascertus, Lawcadia Partner For Streamlined Legal Operations

By Sam Tabahriti

Legal services provider Ascertus Ltd. said on Monday that it has entered a partnership with Australian technology company Lawcadia to provide management and workflow services to corporate clients.

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POLICY & REGULATION

UK Eases Reporting Rules For Investment Stewardship

By Joel Poultney

Britain's accounting watchdog unveiled changes to the U.K.'s stewardship code for investment on Monday that it said would help reduce the reporting burden for investors.

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MERGER REVIEW

UK Ends DJ Equipment Merger Probe As Parties Ditch Deal

By Dawood Fakhir

The antitrust regulator of the U.K. said Monday that it has canceled its probe into DJ equipment maker AlphaTheta's proposed acquisition of audio technology company Serato, after the audio entertainment companies abandoned the deal.

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LITIGATION

Royalty Co. Wins Bid To Confirm Award Against Utopia Music

By Joyce Hanson

A New York federal judge has granted a petition by the former owners of artist royalties company Lyric Financial LLC to confirm an arbitral award against Lyric's buyers, Utopia Music Holdings (US) Inc. and its Swiss parent, Utopia Music AG.

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LAW FIRMS IN TODAY'S NEWS

Akin Gump

Erskine Chambers

Fieldfisher

Latham & Watkins

Norton Rose

Reitler Kailas

Slaughter and May

Teacher Stern

Weightmans LLP

COMPANIES IN TODAY'S NEWS

Aegon NV

Eastdil Secured LLC

Fort Point Capital

Global Infrastructure Partners

Hammerson PLC

JPMorgan Chase & Co.

KKR & Co. Inc.

L Catterton

LVMH Moet Hennessy

Lazard Ltd.

London Court of International Arbitration

London Stock Exchange Group PLC

Morgan Stanley

Tellurian Inc.

Vodafone Group PLC

Woodside Energy Ltd.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Competition and Markets Authority

Energy Information Administration

Federal Energy Regulatory Commission

Financial Conduct Authority

Financial Reporting Council

U.S. Department of Energy

U.S. District Court for the Southern District of New York