Top Stories

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  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 mi...(read more)

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  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 liab...(read more)

• 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 the firm repay debts funding its mammoth group litigation against Australian mining company BHP.

• 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.

• 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.

• Temu Beats Shein's Copyright Claim Over Product Photos

  By Hanna Vioque

  A London judge ruled Thursday that Temu had not infringed Shein's copyright for several product images, concluding that Temu hadn't authorized anyone to upload protected photos or facilitated infringement.

• Novartis Halts Accord's Generic Heart Failure Drug Plans

  By Jamie Lennox

  A London court upheld Novartis' extended patent protections for heart failure drug Entresto on Thursday, blocking Accord's plans to launch a generic version of the treatment in the near future.

• Scottish Council Faces Holiday Pay Bill For 600 Staff

  By Jamie Lennox

  A local authority could have to compensate nearly 600 part-time workers after a tribunal ruled that the local authority unlawfully cut their wages by reducing their holiday pay entitlement.

• Winston Taylor-Led Frasers Group Acquires Harvey Nichols

  By Tom Fish

  Frasers Group PLC said Thursday it has acquired the loss-making Harvey Nichols Group after the luxury retailer entered into administration, in a deal including six U.K. stores, the online business, existing inventory and more than 1,000 employees.

• Arbitral Body's CEO Alleges Race Bias In Acas Pay Dispute

  By Ronan Barnard

  The Black chief executive of the labor arbitration body argued on Thursday at a tribunal hearing against Acas, the workplace disputes mediator, that she was paid at a lower grade than her white male predecessor because of discrimination.

• Deutsche Calls Ex-Execs' £700M Conspiracy Claims Baseless

  By Sophia Dourou

  Deutsche Bank has hit back against a £700 million ($944 million) claim brought by four former executives, denying that it conspired to have them imprisoned in an attempt to conceal its historical accounting errors in one of Italy's biggest financial scandals.