Top Stories

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  UK Faces Pensions Crisis As Millions Risk Retirement Penury

  By Joel Poultney

  Britain will have to radically rethink what retirement means, amid a growing number of warning signs that millio...(read more)

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  Carter-Ruck Hired By CryptoQueen 'In Furtherance Of Fraud'

  By Christopher Crosby

  Fugitive cryptocurrency scammer Ruja Ignatova instructed Carter-Ruck "in furtherance of fraud," and therefore le...(read more)

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• Lender Amigo To Become A Cash Shell, Seeks Takeover

  By Najiyya Budaly

  Amigo Holdings PLC has said that it will become a company with only cash assets and seek a reverse takeover target after making progress on the planned liquidation of its troubled subprime lending arm.

• Lawfront Eyes AI, Succession Gaps To Expand Regional Firms

  By Marialuisa Taddia

  Expansion is no longer optional for regional law firms, as many seek to consolidate to survive the twin pressures of artificial intelligence and succession planning, the head of Lawfront Group tells Law360.

• Funder Says Businessman Colluded To Overturn Asset Case

  By Sophia Dourou

  A litigation funder told a London court on Wednesday that a businessman should not be allowed to participate in proceedings seeking to enforce an asset recovery judgment, because he allegedly improperly colluded with a convicted fraudster to overturn the outcome of past litigation.

• Duty Of Candor Could Be Transformative, But Doubts Remain

  By Christopher Crosby

  The government's bid to enshrine a duty of candor in public office could be transformative in compelling authorities to be more transparent, but legal experts have expressed doubts about how effective enforcement will be.

• Brexit Factors Blamed For UK's Sluggish IPO Flows

  By Najiyya Budaly

  Brexit has deprived companies listed in London of an open gateway to European Union investors, forcing many startups to look elsewhere for an opportunity to raise capital, European advisers say — which has led to a prolonged slump of initial public offerings on the London Stock Exchange.

• Virgin Seeks $30M From Alaska Airlines Over Missed Royalties

  By Sophia Dourou

  Virgin Group told a court on Tuesday that Alaska Airlines must pay it more than $30 million in missed royalty payments, ahead of the substantive dispute alleging the British conglomerate breached a trademark licensing deal for the now-defunct Virgin America branding.

• Pogust Goodhead Reshuffles Team Leading £36B BHP Case

  By Marialuisa Taddia

  Pogust Goodhead has had to reshuffle its team on the BHP class action trial after its lead lawyer on the £36 billion ($49 billion) claim moved to another case and the partner overseeing its Dieselgate litigation left the firm.

• CMA Considers Probe Into Housing Biz's £723M Bid For Rival

  By Najiyya Budaly

  Britain's antitrust authority said Tuesday that it is considering whether a proposed £723 million ($986 million) takeover by student accommodation developer Unite of rival Empiric might harm competition in the U.K.

• Anglo American, Codelco Enter Into $5B Copper Mine Deal

  By Najiyya Budaly

  Anglo American said Tuesday that it has finalized a $5 billion agreement with Chilean state-owned Codelco to jointly operate their copper mines as it reaffirmed its commitment to the in-demand metal, days after reaching a $52 billion deal with Canada's Teck.

• Gov't Introduces 'Duty Of Candor' Law For Public Officials

  By Christopher Crosby

  The British government introduced landmark legislation on Monday to create a legal duty of candor for public officials, and criminal sanctions for those who mislead the public, to change the "culture of cover-ups" surrounding disasters and scandals.

• Cubic Alleges TfL Favored Rival In £1.5B Procurement Dispute

  By Ronan Barnard

  A British unit of U.S. multinational manufacturer Cubic Corp. has accused London's public transportation authority and its subsidiary of unfair treatment in a dispute over the bidding process for a contract potentially worth an estimated £1.5 billion ($2 billion).

• AerCap Wants £81M Costs From Insurers In Missing Jets Case

  By Ronan Barnard

  Aircraft leasing giant AerCap is seeking £81 million ($110 million) in costs in the mammoth dispute over hundreds of aircraft stranded in Russia after the 2022 invasion of Ukraine, according to filings for a London court hearing that began on Monday.