Top Stories

• 

  UK Demands Abramovich Give £2.5B To Ukraine Or Risk Court

  By Tom Fish

  The government said Wednesday that Russian billionaire Roman Abramovich must transfer more than £2.5 billion ($3...(read more)

• 

  Financiers Sentenced To 11 Years Over Libyan Fund Fraud

  By Ronan Barnard

  A former U.K. fund manager and a Swiss banker were sentenced to a collective 11 years' imprisonment in their abs...(read more)

ADVERTISEMENT


• Ex-Reed Smith Pro Struck Off For Faking Cancer Diagnosis

  By William Janes

  A former Reed Smith LLP associate was struck off on Wednesday after he admitted that he lied about being diagnosed with cancer and gave a forged doctor's report to the firm to back up his false claim.

• Police Officers Seek Review Of Union Membership Ban

  By Joel Poultney

  Two serving officers have said legislation banning police from belonging to any trade union is incompatible with human rights law and have asked a court to overturn the provision, Leigh Day said Wednesday.

• 'Alarm Bells Ringing' Over Employment Bill Enforcement

  By Adele Redmond

  Employment lawyers are bracing for impact as the government's workers' rights reform package nears royal assent on Thursday, with no clear answers about how employees can have their new rights enforced when tribunal claims take years to be heard.

• UK Government Will Legislate To Reverse PACCAR

  By Joanne Faulkner

  The U.K. government announced plans Wednesday to introduce legislation to resolve the uncertainty around third-party litigation funding in the aftermath of the U.K. Supreme Court's PACCAR decision, ending months of speculation.

• Visa, Mastercard Say Merchants Too Late To Join Class Action

  By Sophia Dourou

  Visa and Mastercard told Britain's antitrust tribunal Tuesday that a number of merchants should not be allowed to join collective proceedings accusing them of unfairly imposing interchange fees on retailers after the deadline to opt in.

• 'Train And Prepare': Lawyers On Employment Bill's Passage

  By Adele Redmond

  Controversial changes to protection against unfair dismissal are at the top of the watch list for employment lawyers as the Employment Rights Bill approaches royal assent — but there are plenty of other reforms that lawyers say will complicate businesses' operations.

• FCA's New Crypto Rules Could Pave The Way For Bad Actors

  By Alex Davidson

  The Financial Conduct Authority's new proposed crypto regulatory regime risks increasing consumers' exposure to fraud, terrorist funding and malign state institutions, with the watchdog powerless in practice to do much to stop it, lawyers have warned.

• Employment Rights Bill Passes Ahead Of Year-End Recess

  By Adele Redmond

  The Employment Rights Bill passed its final parliamentary hearing on Tuesday, paving the way for royal assent before Christmas.

• Apple, Amazon Accused Of Collusion In £900M Class Action

  By Eddie Beaver

  Apple and Amazon have been hit with a £900 million ($1.2 billion) collective action at a U.K. tribunal on behalf of more than 10 million consumers who allegedly overpaid for Apple's products because of unlawful collusion between the two technology giants.

• Slaughter & May-Led Monzo To Buy UK Mortgage Broker

  By Tom Fish

  Monzo said Tuesday that it has agreed to acquire Habito, the U.K.'s largest digital mortgage broker, as the British online bank expands into increasingly popular home-buying financial services.

• FCA Mulling Action Over Briefings, Leaks Ahead Of Budget

  By Martin Croucher

  The Financial Conduct Authority told lawmakers on Tuesday that it is considering whether to update its official guidance to public bodies after a series of government briefings and leaks in the run-up to the Budget statement.

• Financiers Convicted Of Defrauding Libyan Sovereign Fund

  By Christopher Crosby

  A former U.K. fund manager and a Swiss banker have been convicted by a jury of fraud for diverting millions of dollars in improper fees from a Libyan sovereign wealth fund, prosecutors said Tuesday.