Top Stories

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  McDermott, Schulte Roth Unveil Plans To Join For $2.8B Firm

  By Marialuisa Taddia

  McDermott Will & Emery LLP said Friday that it was wrapping up a deal to join forces with Schulte Roth & Zabel L...(read more)

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  'Bargain Hunt' Art Expert Pleads Guilty To Terrorist Financing

  By Ronan Barnard

  An art gallery founder and reality TV art expert pleaded guilty to terrorist financing offenses at a London crim...(read more)

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• CMA Weighs Viagogo Bid To Buy Back IP From StubHub Sale

  By Irene Madongo

  The U.K.'s competition watchdog said Friday it has launched a consultation into a request from online ticket reseller Viagogo to reacquire the rights to some non-British domain names and trademarks from its former business StubHub International.

• Delta, Korean Air To Buy 25% Of Canadian Airline For $550M

  By Dawood Fakhir

  Delta Air and Korean Air said on Friday that they have agreed to acquire a minority stake in Canadian airline WestJet for $550 million, a portion of which will be sold on to Air France-KLM.

• Brothers Plead Guilty To FCA Insider Dealing Charges

  By Tom Fish

  Two brothers admitted on Friday to using inside information to profit from dealing in shares over four years, following a prosecution brought at a criminal court in London by the Financial Conduct Authority, the watchdog said.

• AIG Wins COVID-19 Loss Payout Row With Cornish Hotels

  By Joel Poultney

  A judge ruled on Friday that AIG does not have to pay the two owners of bars and hotels in Cornwall for losses suffered during the COVID-19 pandemic because the policy did not specifically cover the coronavirus disease.

• Greencore Gets More Time On Potential £1.2B Offer For Rival

  By Irene Madongo

  Ready-to-eat meals producer Bakkavor said Friday that the U.K. deals watchdog has given Greencore Group, the Irish sandwich maker, a two-week extension to make it an offer of approximately £1.2 billion ($1.6 billion).

• Lords Urge Limits On 'Vague' Guaranteed Work Hour Plans

  By Adele Redmond

  Conservative U.K. lawmakers sought on Thursday to narrow the scope of a proposed right to guaranteed hours of work and pay, arguing the measure would result in fewer offers of assured work as employers try to avoid tying themselves to unaffordable arrangements.

• Ex-Shell Unit Faces Legal Demand To Clean Up $600M Oil Spill

  By Ronan Barnard

  A rural Nigerian community urged a London judge on Thursday to force a former arm of oil giant Shell to finish the cleanup of two huge oil spills, which they said will affect the region's entire ecosystem.

• Crypto Traders Seek To Revive Part Of £10B Binance Claim

  By Lucia Osborne-Crowley

  A group of investors asked the Court of Appeal on Thursday to revive their claims against Binance on the basis that its delisting of a cryptocurrency caused them damage, saying a lower tribunal was wrong to toss out its "loss of chance" argument.

• EU Nations Fined For Delay In Adopting Copyright Law

  By Jamie Lennox

  The European Union's top court on Thursday slapped Portugal, Bulgaria and Denmark with millions of euros in fines after they took too long to implement the bloc's copyright directive into national law.

• Trump, Starmer Announce Limited Deal To Cut Tariffs

  By Josh White

  The U.S. and U.K. governments have agreed to reduce tariffs and avoid counter-tariffs in a limited trade deal announced Thursday by President Donald Trump and Prime Minister Keir Starmer.

• Franco Manca Owner Settles COVID-Cover Fight With QIC

  By Joel Poultney

  The owner of popular high-street pizzeria Franco Manca has agreed to settle its dispute with QIC Europe Ltd. over losses the restaurant chain claimed to have suffered after it temporarily closed sites at the height of the COVID-19 pandemic.

• Pharma Wary Of UK-India Trade Deal Despite IP Promises

  By Alex Baldwin

  The U.K.'s new trade deal with India promises a robust suite of intellectual property provisions, but some have voiced concerns about the still-under-wraps life sciences provisions.