Top Stories

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  Mike Lynch's Estate Seeks To Challenge HP Fraud Judgment

  By William Janes

  Mike Lynch's estate asked a London court on Tuesday for permission to appeal against a judgment that found he ha...(read more)

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  CILEX Seeks To Appeal Against Mazur Amid Fears Over Jobs

  By Ashish Sareen

  The Chartered Institute of Legal Executives said Tuesday that it has applied for permission to appeal against th...(read more)

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• Kuwaiti Pension Chief's Heirs Fight To Avoid $1B Fraud Debt

  By Lucia Osborne-Crowley

  The children of a former Kuwaiti pensions fund director told an appeals court on Tuesday that they should not be held liable for their now-dead father's alleged $1 billion fraud debt, arguing that successors outside the English jurisdiction cannot be forced to pay.

• 5 Firms Aid Paints, Coatings Biz Merger To Create $25B Giant

  By Najiyya Budaly

  AkzoNobel NV, owner of paints-maker Dulux, and Axalta Coating Systems said on Tuesday that they will combine their operations in an all-share deal to create a $25 billion coatings company in a merger of equals.

• UK Lifeboat Fund To Boost Deposit Protection To £120K

  By Alex Davidson

  The Bank of England said Tuesday that the Financial Services Compensation Scheme will increase the limit for reimbursement on deposits held by customers of failed banks to £120,000 ($158,000) from December.

• Lords Veto Day-One Unfair Dismissal Rights For 3rd Time

  By Jamie Lennox

  The House of Lords voted Monday to tweak the Employment Rights Bill to remove day-one protection against unfair dismissal, blocking for the third time the government's headline policy in the latest round of ping-pong over the legislation.

• Scottish Veteran Raymond Doherty To Join UK Supreme Court

  By Ashish Sareen

  Raymond Doherty, one of Scotland's most senior judges, has been appointed as a justice of the U.K. Supreme Court.

• Referee Alleges Sacking Over Coach 'Manhandling' Complaint

  By William Janes

  An international football referee told a London tribunal on Monday that she was sidelined and ultimately sacked by the English match official's organization after complaining that a coach "manhandled" her at a game.

• Top UK Court Urged To Clarify Whistleblowing Law

  By Hanna Vioque

  An appeals court has allowed two whistleblowers to add detriment claims to their unfair dismissal case against their employers despite an apparent statutory bar, urging the U.K. Supreme Court to clarify the issue.

• Trafigura Accuses Gupta Of $600M Sham Nickel Trade At Trial

  By Lucia Osborne-Crowley

  Trading company Trafigura told the High Court on Monday that Prateek Gupta and his companies defrauded it out of $600 million in a sham nickel trade, opening a long-awaited trial over Trafigura's purchase of purported nickel shipments that turned out to be "worthless."

• Gowling Faces £23M Negligence Case Over UK Gov't Lease

  By William Janes

  The U.K. government has sued Gowling WLG for almost £23 million ($30 million), accusing the law firm of bungling the renewal of an office block lease and leaving it to pay the amount to its landlord when it exercised a break clause.

• Ashurst, Perkins Coie To Form $2.7B Giant In US-UK Deal

  By Marialuisa Taddia

  The U.K.'s Ashurst LLP and U.S.-based Perkins Coie LLP said Monday that they have agreed to merge to form a new firm with combined revenue of $2.7 billion, the latest in a string of transatlantic law firm tie-ups.

• 3 Firms Guide £5.3B UK Infrastructure Trust Merger

  By Najiyya Budaly

  HICL Infrastructure and the Renewables Infrastructure Group said Monday that they plan to merge to create a £5.3 billion ($7 billion) investment company in a cash and shares deal.

• Trafigura's $600M Fraud Trial To Test Metals-Trading Practices

  By Lucia Osborne-Crowley

  Metals magnate Prateek Gupta will face trial in London on Nov. 17 over allegations that he and his companies perpetrated "systematic fraud" against Trafigura, with the trading company alleging that Gupta cheated it out of $600 million in a nickel fraud scheme.