Top Stories

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  London Tribunals Center Came In £164M Over Budget

  By Adele Redmond

  A new tribunal hearings center that opened in London in March cost £206 million ($278 million) — £164 million mo...(read more)

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  Google's £260M App-Fee Deal Pitched As Fair For Developers

  By Joanne Faulkner

  A law professor urged the Competition Appeal Tribunal on Tuesday to approve Google's proposed £260 million ($350...(read more)

• Broadfield Enters France With First EU Office In Paris

  By Marialuisa Taddia

  Broadfield launched an office in Paris on Wednesday, its first in continental Europe, as the international law firm backed by an affiliate of Alvarez & Marsal Inc. continues to expand in critical markets.

• InterDigital Sues Disney For €102M Over Streaming IP

  By Alex Baldwin

  InterDigital has filed yet another claim against Disney in an international fight over video streaming technology, this time asking a German court to make Disney pay €101.7 million ($117.4 million) in damages for the unauthorized use of its patented technology.

• Car Leasing Firm Ran £87M Ponzi Scheme, Prosecutors Say

  By Sophia Dourou

  Two directors of a failed car leasing group duped investors in an £87 million ($117 million) car leasing investment scam that was in fact run as a Ponzi scheme, a prosecutor said at the opening of the trial on Tuesday.

• Gov't Sets Out Small Pension Pot Consolidation Plans

  By Joel Poultney

  The government set out plans on Tuesday to automatically consolidate millions of small pension pots left dormant after workers changed jobs, addressing a longstanding "structural inefficiency" in the retirement savings market. 

• CMA Raises Concerns Over Retail Co-Op Deal

  By Najiyya Budaly

  Britain's antitrust authority said Tuesday that the completed merger of two retail co-operatives could harm competition in the supply of groceries and funeral services in the U.K.

• Odey Ruling Delivers Boost To FCA's Enforcement Agenda

  By Christopher Crosby

  Crispin Odey's lifetime ban will give the Financial Conduct Authority another springboard for cracking down on nonfinancial misconduct, sending a warning to firms to run an independent and thorough probe as well as investigate the allegations, lawyers say.

• Santander Escapes £677M Bill In AXA's PPI Indemnity Case

  By Sophia Dourou

  Santander does not have to pay the £677 million ($912 million) that AXA lost when it deals with claims for wrongly sold payment protection insurance, as an appeals court said on Tuesday that an agreement to accept liability was not retrospective.

• Moderna Can't Trim BioNTech's RNA Infringement Claim

  By Jamie Lennox

  The Unified Patent Court has denied Moderna's early attempt to narrow a BioNTech unit's RNA infringement claim, ruling that the company's jurisdictional challenge must wait until the case is in full swing.

• Gov't To Nationalize Insolvent Steelmaker Linked To Greensill

  By Najiyya Budaly

  The British government said Monday that it plans to nationalize Speciality Steel UK after a private deal for the steel manufacturer fell through during insolvency procedures stemming from the collapse of its primary lender, Greensill Capital.

• Barrister Sues Pogust For £2.6M In BHP Litigation Fees Claim

  By Robbie Kalus

  Pogust Goodhead is being sued for more than £2.6 million ($3.5 million) by a barrister who claims the firm failed to pay him for his work on the Mariana dam litigation and mishandled his personal information.

• Zurich's £8.2B Beazley Takeover Gets Regulatory Backing

  By Joel Poultney

  British insurer Beazley said Monday it has received regulatory backing for its £8.2 billion ($11 billion) cash takeover offer from Zurich, with a court hearing required to sanction the deal set for later in September.

• Crispin Odey Loses Appeal Against Financial Services Ban

  By Christopher Crosby

  Crispin Odey failed to overturn his ban from working in the financial services industry on Monday as a tribunal upheld misconduct findings that the former hedge fund boss had thwarted an internal probe into allegations of sexual harassment.