Top Stories

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  LSE Tokenized Shares 'Must Have Protections For Listed Cos.'

  By Najiyya Budaly

  The London bourse must reconcile how shareholder rights, ownership and settlement will interact with the tokeniz...(read more)

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  Premier League's £10M Stays Frozen Over Crime Suspicions

  By Ronan Barnard

  The Premier League lost its bid to unfreeze over £10 million ($13.5 million) in accounts when a London judge rul...(read more)

• KPMG Investigated Over Prax Group's State Oil Audit

  By Laura Stewart Liberty

  The U.K. accounting regulator said Friday that it is investigating KPMG, PKF Littlejohn and an accountant over audits of State Oil, part of collapsed oil business Prax Group.

• Pogust Faces October Fight With Clients Over BHP Mandate

  By Robbie Kalus

  Pogust Goodhead must prove that it can continue representing claimants in the Mariana dam litigation at an October High Court hearing against clients seeking to replace it with a rival firm led by its former partners.

• Kelkoo Says Google's EU Fine Supports UK Damages Claim

  By Joanne Faulkner

  Google's recent €460 million ($534 million) fine for breaching the European Union's digital markets rules is highly relevant to Kelkoo's U.K. damages claim against the tech giant, the shopping comparison website told the Competition Appeal Tribunal on Friday.

• Gov't Says FCA 'Competitiveness' Mandate Will Save £1.6B

  By Martin Croucher

  The government said a new requirement for watchdogs to consider U.K. competitiveness when they develop regulations will boost the economy by £1.6 billion ($2.2 billion) over the next decade.

• Oligarch's Estate Can Run Matrimonial Law Case In $3B Fight

  By Sophia Dourou

  The widow and daughter of a Russian tycoon have failed to prevent a representative for his estate from pursuing Ukrainian matrimonial asset arguments in the English court, the latest development in their long-running $3 billion inheritance dispute.

• Watchdog Restricts Toscafund In £1B Spire Healthcare Deal

  By Najiyya Budaly

  Britain's merger and acquisitions authority said Friday that it has put restrictions on a consortium including investment manager Toscafund during its £1 billion ($1.4 billion) takeover of Spire Healthcare because a company linked to the buyers violated the Takeover Code by selling shares in the London-listed target.

• Ex-Goodwin M&A Lawyer Pleads Not Guilty To Insider Trading

  By Christopher Crosby

  A former Goodwin Procter lawyer pleaded not guilty to insider trading at a London court on Friday over allegations that he traded securities while working on a deal to take a British maternity-wear company private.

• Insurers Still Liable For Petrofac Execs' Bribery Defense Costs

  By Ronan Barnard

  Nine Lloyd's insurers lost the first round of their bid to avoid covering the criminal defense costs of two former Petrofac executives when a London judge rejected their arguments on Friday, ahead of their bribery trial in October.

• FCA Accuses 5 Men Of Running £4M Water Bottling Fraud

  By Christopher Crosby

  Five men fleeced investors out of £4 million ($5.4 million) in an "elaborate" scam involving water bottling projects that failed to produce a single drop of liquid, prosecutors said at the start of a trial on Friday.

• Grindr's £26M Payout Deal Shows Potential Of Privacy Claims

  By Joanne Faulkner

  The £26 million ($35 million) settlement reached by Grindr over claims that it shared users' HIV data is unlikely to open the floodgates to mass privacy litigation in England, lawyers say, but it highlights the potential value of carefully selected cases involving highly sensitive information.

• EUIPO Could Value IP To Help Startups Access Loans

  By Jamie Lennox

  The European Union Intellectual Property Office has proposed reforms that could help startups secure bank loans by valuing their patent portfolios.

• ESMA Flags 'Rife' Insider Trading Risk In Prediction Markets

  By Laura Stewart Liberty

  Prediction markets are "rife" with insider trading, the European Union's markets watchdog warned on Thursday as it said that the fast-growing sector required continued monitoring.