Top Stories

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  LetterOne Says UK Must Compensate It For Forced Sale

  By Joanne Faulkner

  LetterOne, an investment group founded by Russian billionaires, told the U.K. Supreme Court on Tuesday that the ...(read more)

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  Walliams Fails To Appeal Naming In Sex Misconduct Reports

  By Robbie Kalus

  David Walliams has not appealed against a court ruling that dismissed his bid for a permanent injunction against...(read more)

• Lies And Forged Records Undid Kuwait Pension Defenses

  By Christopher Crosby

  False instructions to lawyers, forged compliance forms and knowingly untrue witness statements helped unravel the cover stories of bankers, executives and their intermediaries in Kuwait's $1 billion pension fund corruption case.

• UK Investors To Take Part In Anthropic's $61B Global Offer

  By Najiyya Budaly

  Anthropic said Tuesday that individual investors in the U.K. will be able to take part in its global sale of shares worth approximately $61.1 billion in its high-profile initial public offering on the U.S. Nasdaq exchange.

• Kingspan Faces 4th Investor Claim After Grenfell Inquiry

  By Isabel Jackson

  A group of global institutional investors has sued Kingspan, adding to a series of recent claims on the financial list against the building materials giant.

• Addleshaw Goddard, Harvey Partner On Firmwide AI Adoption

  By Matt Perez

  London-based Addleshaw Goddard LLP has struck up a partnership with legal artificial intelligence company Harvey, which will see the law firm distribute chatbot software to its workforce of more than 3,400 attorneys and business services professionals, according to an announcement on Monday.

• Amersi Says Nepal Deals Had Legit Basis At BBC Libel Trial

  By Ronan Barnard

  A political donor and businessman said at a London libel trial that the BBC had wrongly accused him of possibly knowingly being involved in business deals in Nepal that involved corrupt payments to secure the favor of an oligarch connected to the country's Maoist ruling party.

• Building Safety Act Raises Construction Biz Insolvency Risk

  By William Janes

  The Building Safety Act 2022 was designed to make unsafe homes safer, but real estate lawyers say it has also made historic building-safety liabilities harder to isolate, adding to the insolvency risk facing construction companies already squeezed by thin margins, late payments and higher costs.

• Mercedes Says It Owes Dieselgate Customers Nothing

  By Robbie Kalus

  Mercedes-Benz told a London court Monday that it owes nothing to customers who bought cars fitted with "emissions defeat devices," arguing that motorists had not suffered any losses.

• Addison Lee Can't Use Rental Credit To Offset Driver Payouts

  By Jamie Lennox

  A tribunal has rejected Addison Lee's attempt to reduce its liability for unpaid holiday pay amid an ongoing worker status feud with its drivers, ruling in a decision released Monday that vehicle rental credits cannot offset the payouts.

• AI Developers Get Warning Shot With EU Google Opinion

  By Alex Baldwin

  An adviser to the European Union's highest court has suggested that Google could be liable for copyright-infringing Gemini responses, signaling that artificial intelligence developers should prevent their systems from reproducing news articles.

• Asus Skirts Sales Ban With FRAND Defense Against Ericsson

  By Jamie Lennox

  The Unified Patent Court has denied Ericsson an injunction even though it won its infringement claim against Asus, ruling that the Swedish tech firm failed to comply with its FRAND licensing obligations when bringing the case.

• Matheson-Led Barings Offers €731M For Irish Landlord

  By Dawood Fakhir

  Asset manager Barings International Investment offered to acquire Irish Residential Properties for approximately €731 million ($819 million) on Monday, in a deal that will take Ireland's largest listed landlord private.

• Russell Brand Sentenced To 10½ Yrs For Rape, Sexual Assault

  By Sophia Dourou

  Russell Brand was sentenced on Monday to 10-and-a-half years imprisonment for rape and sexual assault, as a judge noted the actor and comedian was a "sexual predator" who showed "contempt" for his victims.