Top Stories

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  Arday Scandal A Reminder To Vet Candidates, Experts Say

  By Adele Redmond

  Employers can be held liable if they fail to conduct pre-employment background checks or ignore any risks they u...(read more)

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  A&L Goodbody-Led Ferry Biz Backs €1.2B Management Offer

  By Dawood Fakhir

  Irish Continental Group reiterated its recommendation Tuesday that shareholders accept the takeover offer of app...(read more)

• Fintech Directors Shifted IP Worth £2M To Defraud Creditors

  By Jamie Lennox

  A London judge held Tuesday that two former directors of a financial software business defrauded creditors by transferring intellectual property rights worth £2 million ($2.7 million) amid an impending threat of insolvency.

• Sibionics Loses 2nd Bid At Nixing Abbott Patent

  By Hanna Vioque

  Europe's patent court has granted Abbott Diabetes exclusive rights over a glucose monitoring device that can be fitted in a single step, rejecting claims from a Sibionics unit that earlier devices already revealed its key features. 

• Freshfields Leads £30M Sale Of Midlands Bus Business

  By Irene Madongo

  Mobico said Tuesday it has agreed in principle to offload its West Midlands bus business for around £29.5 million ($40 million), as authorities look to bring the network under public control.

• Pogust Backer Demands £84M Over Brazil Dam Case Funding

  By Robbie Kalus

  Pogust Goodhead is being sued by one of its financial backers for £84 million ($114 million) over demands that the firm repay debts funding its mammoth group litigation against Australian mining company BHP.

• Dickson Minto-Led Lender To Acquire Rival For £55M

  By Dawood Fakhir

  Bentley Park, a holding company linked to private investment business Tavistock Group, said Monday its subsidiary has agreed to acquire flexible lender Time Finance for approximately £55.1 million ($75 million) to combine their complementary products and regional strengths.

• Swedish Co. Faces £33M Earnout Claim Over UK Haulage Biz

  By Robbie Kalus

  The former owners of the British haulage company Kammac are pursuing its new proprietors for around £33 million ($45 million) in damages, telling a London court that the buyers mismanaged the business, depressing the ultimate sale price.

• Ex-Oil Biz Exec In €144M Fraud Must Face Fake Loans Claims

  By Sophia Dourou

  The alleged former chief executive of a petroleum company has failed to toss out allegations that he relied on forged £500 million ($678 million) loans when buying an energy company in order to cover up a €143.8 million ($166.7 million) embezzlement.

• Knights To Buy English Law Firm THP For £4M

  By Tom Fish

  Knights Group said Monday that it has agreed to buy an English law firm, THP Solicitors, for £4 million ($5.4 million) in a move to expand its presence near London and strengthen its private client and real estate practices.

• Temu Win Reinforces Protections For Online Retailers

  By Alex Baldwin

  Temu's court win over Shein's copyright infringement claims made it clear that online marketplaces won't be liable for allegedly infringing images on their websites, unless they actively promote listings they believe are copycats, experts say.

• Arbitration Body CEO Loses Race And Sex Bias Case

  By Ronan Barnard

  The chief executive of the U.K.'s labor arbitration body lost her claim against Acas on Friday when a London tribunal said there was no evidence the workplace dispute mediator had discriminated against her because she is a Black woman.

• Russell-Cooke, Teacher Stern End Proposed Merger Talks

  By Ashish Sareen

  London law firms Russell-Cooke and Teacher Stern will continue to operate independently after they agreed not to go ahead with a proposed merger, it emerged on Friday.

• Ex-Asset Manager CEO Fined For Lying To FCA On FC Deal

  By Alex Davidson

  The Financial Conduct Authority said Friday it had fined Paul Taylor, the former chief executive of Blue Horizon, £489,000 ($662,000) and banned him from working in finance after he made false statements as he sought to buy a bank and a football club.