Top Stories

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  Former OPEC Head Acquitted In London Bribery Trial

  By Ronan Barnard

  A former Nigerian oil minister and two alleged associates were cleared by a London jury on Wednesday of acceptin...(read more)

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  InterDigital Wins Disney+ Restrictions In 11 EU States

  By Jamie Lennox

  InterDigital has secured a Unified Patent Court injunction against Disney over its video-coding patent in 11 Eur...(read more)

• Lloyd's Fights $3.7M Judgment Over Fake Cargo Ship Policy

  By Ronan Barnard

  A Lloyd's unit fought Wednesday to overturn a decision that it should pay $3.7 million under a mortgagee policy to cover losses from when a cargo ship struck a mine in Ukrainian waters, arguing the lender's losses actually stemmed from the vessel's fake war risks coverage.

• Lawmakers Table Twin Anti-SLAPP Bills After Reform Delays

  By Eddie Beaver

  A Conservative lawmaker was set to introduce a private member's bill in the House of Commons on Wednesday aimed at expanding protection against strategic lawsuits against public participation, known as SLAPPs, a day after similar measures were proposed in the House of Lords.

• Travel Tech Co. Hit With Record £1M Russian Sanctions Fine

  By William Janes

  The U.K. government hit travel business Sabre Global Technologies Ltd. with a record £1 million ($1.34 million) fine for repeatedly breaching Russian sanctions by providing services to a sanctioned Russian airline.

• Visa Sued By H&M, Eurostar In Latest Swipe Fees Case

  By William Janes

  More than 30 major businesses and institutions including H&M, Heineken and a university have sued Visa at a London court, alleging that the payment card company's fees and rules restricted competition and drove up prices.

• Ex-Media Biz Chair Tests Scope Of Directors' Good-Faith Duty

  By Eddie Beaver

  The former director of a media company told Britain's top court Wednesday that he should not be forced to buy out a minority shareholder after he obstructed the sale of the business, claiming he believed delaying a sale was in its best interests.

• HMRC Wins Top Court Case On Taxation Of Partnership Pay

  By Sophia Dourou

  Britain's top court ruled on Wednesday that deferred pay distributed to individual partners at a foreign exchange trading firm must be taxed as income, giving a win to HM Revenue and Customs in its challenge to the company's remuneration structure.

• Finnish Biz To Buy AI Weather Forecaster For Up To $130M

  By Najiyya Budaly

  Finnish measurements company Vaisala said Wednesday that it will buy U.S. AI weather forecaster Atmo in a deal worth up to $130 million as it seeks to expand its technology-based meteorology technology services.

• Qualcomm Deal Sets Marker For Zero-Payout Settlements

  By Joanne Faulkner

  The first-of-its-kind ruling ending a £482.5 million ($648 million) collective action against Qualcomm provides crucial guidance on how the courts will scrutinize settlements that leave class members without compensation, lawyers say.

• Accord Sues Takeda Unit To Upend Crohn's Treatment Patents

  By Max Austin

  Accord has sued a unit of pharma giant Takeda to revoke two of its patents covering treatment regimens for Crohn's disease, arguing that similar methods were explored in research elsewhere before the unit sought patent protection.

• FIFA Won't Pass On IP Defense At The World Cup

  By Alex Baldwin

  Harry Kane and Jude Bellingham won't be the only ones who need to be on form at the World Cup as England kicks off its World Cup campaign on Wednesday — lawyers say that FIFA's IP enforcement squad will be scouting for illegal broadcasts and ambush marketing to ensure its rights are protected.

• KC Defends Gardener Trust Deal In £2M Evasion Trial

  By Sophia Dourou

  A senior barrister accused of cheating the public purse out of almost £2 million ($2.7 million) argued Tuesday that his former gardener perfectly understood that an agreement to be compensated for his services via a trust was not binding.

• Fitch Accused Of Inflating Debt Ratings Before 2008 Crash

  By Eddie Beaver

  Fitch Ratings secretly adjusted its credit rating models in the run-up to the 2008 financial crisis to generate artificially high credit ratings for complex debt investments, motivated by a desire to grow its revenues, an investment firm said in its latest claim against a major rating agency.