Top Stories

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  Carter-Ruck Invokes Privilege In Legal Bid To Stop SRA Case

  By Sophia Dourou

  Carter-Ruck has asked the High Court to block the Solicitors Regulation Authority from investigating it for alle...(read more)

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  BDO Hit With $102M Claim For 'Negligent' Audits Of Insurer

  By Sophia Dourou

  The liquidators of an insurance company have hit BDO LLP with a negligence claim of more than $100 million, argu...(read more)

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• FCA Sued Over 'Flawed' £30M Bond Data Contract Award

  By Eddie Beaver

  A technology provider has alleged that the Financial Conduct Authority carried out a "fatally flawed and unfair" procurement process for a prestigious contract worth an estimated £29.5 million ($38.4 million) to provide bond consolidated tape.

• Proposed Tax Reform Could Spur UK Law Firm Consolidation

  By Marialuisa Taddia

  Facing a new tax on limited liability partnership members, U.K. law firms are weighing alternative structures in a shift experts say could accelerate consolidation across the sector and spur U.S. firms to reconsider their local setups.

• BAE Fails To Block Fighter Jet Workers' Strike

  By Ronan Barnard

  Arms manufacturer BAE Systems failed to stave off a strike by aircraft testing workers in an eleventh hour bid in a London court on Tuesday, after arguing that the union had called for industrial action without the authority of a ballot.

• Linklaters Backs Apollo's $6.5B Deal For 50% Of Wind Project

  By Najiyya Budaly

  U.S. asset manager Apollo said it is paying $6.5 billion for a 50% stake in the world's largest wind project, owned by Denmark's Ørsted, to help fund the remaining construction costs.

• Getty Gets Pyrrhic Victory In UK Stability AI Case

  By Alex Baldwin

  Getty Images convinced a London court Tuesday that artificial intelligence giant Stability AI generated a handful of images that infringe the stock image giant's trademarks, but failed to prove that the model itself infringed the photo giant's intellectual property in the landmark case. 

• Watchdog OKs Stand-Alone Litigation Rights For Legal Execs

  By Ashish Sareen

  The Legal Services Board said Monday that it has approved an application from the Chartered Institute of Legal Executives Ltd. to authorize the executives to have stand-alone litigation practice rights, after a recent court ruling railed concerns among law firms about the legality of delegating litigation work to nonqualified employees.

• Head Teachers' Union Loses Bid To Block New Ofsted Grading

  By Adele Redmond

  The school leaders' union lost its bid Monday to challenge a regulator's updated system for publicly assessing schools, as a court dismissed its arguments that keeping one- and two-word grades puts the wellbeing and lives of head teachers at risk.

• Scottish Power Urges Top UK Court To Ax Asbestos Claim

  By Joanne Faulkner

  Scottish Power UK PLC urged the U.K. Supreme Court Monday to prevent the family of a former employee from bringing another damages claim over asbestos exposure, arguing it would undermine the "finality" of a previous settlement.

• Billionaire Claims $415M Fraud Hinged On 'Nonsense' Info

  By Eddie Beaver

  Mexican billionaire Ricardo Salinas Pliego told a London court Monday that a man who allegedly defrauded him out of more than $415 million made "nonsense" representations to trick him into believing he was entering a deal with a legitimate financial institution.

• Ex-Entain Execs To Stand Trial For Bribery In 2028

  By Christopher Crosby

  Several former executives at what is now Entain PLC will have to wait until at least 2028 to stand trial over bribery and fraud charges in connection with the betting giant's historic business in Turkey, a judge in London said Monday.

• UK Energy Customers Suffer Setback In Power Cables Case

  By Matthew Perlman

  Millions of U.K. electricity customers suing power cable manufacturers over an alleged price-fixing cartel suffered a setback when a tribunal ruled that losses suffered by offshore wind farms were not passed on to electricity bill payers through a government subsidy scheme.

• Bias For FRAND Forum Is Not Bad Faith, Appeal Court Rules

  By Alex Baldwin

  Chinese technology giant ZTE convinced justices at the Court of Appeal on Friday to overturn a ruling that it acted in bad faith by proposing an interim cross-license with Samsung for its 5G patents on terms set by Chinese courts.