Top Stories

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  Man Utd.'s Old Trafford Plan Kicks Off With Legal Hurdles

  By Jamie Lennox

  Before Manchester United's star players can run out into a new Old Trafford stadium in front of 100,000 fans, th...(read more)

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  Carmakers Seek £120M In Interim Costs After Dieselgate Win

  By Joanne Faulkner

  Car manufacturers told the High Court on Wednesday that they are seeking more than £120 million ($158 million) i...(read more)

• Hunt For Next SFO Director Finally Gets Underway

  By Laura Stewart Liberty

  The Serious Fraud Office on Wednesday launched a search for its next director following Nick Ephgrave's exit earlier this year.

• Lawyer Used 'Stooge' To Strip BHS, Liquidators Argue

  By Robbie Kalus

  British Home Stores' liquidators accused a senior City lawyer on Wednesday of using a "high-functioning and unwitting stooge" to enrich himself and dodge personal liability for the high street giant's collapse.

• Kingspan Sued For €100M By Investors Over Grenfell Claims

  By Eddie Beaver

  Over 60 institutional investors in Kingspan Group PLC have sued the building materials giant seeking more than €100 million ($112 million), alleging it misled shareholders about its governance and ethics while failing to disclose wrongdoing over an insulation product linked to the Grenfell Tower disaster.

• FCA Employee Unions Win OK To Pursue Recognition

  By Jamie Lennox

  A panel of arbitrators has decided that the Financial Conduct Authority must face two trade unions' joint application to collectively negotiate on behalf of almost all employees working for the regulator.

• OnlyFans Facing Group Claim Over 'Exploitation' Of Creators

  By Jamie Lennox

  OnlyFans is facing a group claim in England over "exploitative" arrangements involving third-party managers who routinely deprive content creators of their earnings, the company leading the case said on Wednesday.

• VW Sets Aside £725M For UK Car Finance Redress Scheme

  By Tom Fish

  Volkswagen's U.K. motor finance arm has set aside £725 million ($958 million) to cover potential costs of a regulatory program to compensate customers affected by historical motor finance practices, according to accounts filed at Companies House.

• Reinsurers Say $4B Jets Row Seeks To 'Turn Lead Into Gold'

  By Sophia Dourou

  A group of reinsurers argued Wednesday that aircraft lessors are trying to "turn lead into gold" by seeking billions of dollars for planes stranded in Russia under reinsurance policies arranged by the airlines.

• Equiniti Says Police Data Claims Too Trivial To Merit Damages

  By Eddie Beaver

  A pension scheme administrator urged the U.K.'s top court on Wednesday to rule that trivial data breaches cannot attract compensation, as it seeks to defeat claims by more than 400 police officers whose benefit statements were sent to outdated addresses.

• Ex-Barclays Traders Overturn Rate-Rigging Convictions

  By Christopher Crosby

  Five former Barclays traders succeeded on Wednesday in overturning their convictions for rigging benchmark interest rates, further unraveling landmark prosecutions brought by the Serious Fraud Office in the aftermath of the global financial crisis.

• Google Accused Of Restricting App Market At £1B Trial

  By Ronan Barnard

  Google faced a collective action claim alleging it abused its dominance in the Android app market and seeking over £1 billion in damages at the start of a London antitrust tribunal trial Tuesday.

• Private Capital Spurs London Real Estate Partner Hiring

  By Marialuisa Taddia

  Law firms are stepping up their recruitment of real estate partners in London as they seek to build private capital capabilities, even as recruiters say the underlying property market remains uneven and demand for construction laterals has shown little sign of similar growth.

• Libor Traders Seek To Void Convictions Over Judicial Errors

  By Christopher Crosby

  Six former City traders will seek to overturn their convictions in an appeal on Wednesday following a ruling by the U.K. Supreme Court ruling that exposed judicial errors in the Serious Fraud Office's prosecutions and cast doubt on the safety of their verdicts.