Top Stories

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  ENRC Says SFO Probe Tarnished Rep And Scared Off Lenders

  By Christopher Crosby

  The prolonged investigation by the Serious Fraud Office into ENRC hammered the company's reputation, scared off ...(read more)

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  William Hill Owner Eyes £225M Takeover Deal With Greek Biz

  By Dawood Fakhir

  The owner of William Hill said Monday that it is in talks with Greek gaming tech business Bally's Intralot SA ab...(read more)

• Irish Co. Defeats £18M Tax Appeal Over Lehman Bros. Debt

  By Josh White

  HM Revenue & Customs can't retain over £18 million ($24.3 million) in a withholding tax claimed by an Irish company on debt interest from collapsed bank Lehman Brothers, a London court ruled Monday.

• Housing Group Can't Ax Union Case Over Blog Post Pay Offer

  By Hanna Vioque

  A housing provider has lost its bid to strike out claims from unionized staffers over a blog post from its CEO offering a pay raise to nonunion members, after failing to convince an employment tribunal that the post might have broken the law during ongoing pay negotiations.

• Reform UK Deputy Says His Co. May Have Made Tax Errors

  By Josh White

  Reform UK deputy Richard Tice said "some errors" are inevitable when running multiple businesses following a report that his investment company failed to pay almost £100,000 ($135,000) in corporate tax, adding that he would pay up if it is found he owes more taxes.

• Abbott Wins Glucose Monitor Sales Ban On Appeal At UPC

  By Jamie Lennox

  Abbott has persuaded appellate judges at the Unified Patent Court to stop Sinocare selling certain glucose monitoring displays in Europe, proving that its Chinese rival's devices are likely to have infringed its patent.

• Ex-OPEC Head Denies 'Willy-Nilly' Shopping In Corruption Trial

  By Ronan Barnard

  A former Nigerian oil minister standing trial for allegedly accepting bribes from energy executives denied before jurors in London on Monday that she "was cavorting with friends willy-nilly" on shopping trips.

• Lorry Drivers Lose Overtime Appeal Over Contract Terms

  By Max Austin

  Truck drivers who claimed they were entitled to enhanced pay for overtime have lost their appeal against a pharmaceutical company as a London appeals tribunal ruled they that had relied on a staff handbook that did not apply to them. 

• UniCredit Presses Commerzbank Deal With Overhaul Pitch

  By Najiyya Budaly

  UniCredit SpA unveiled plans on Monday to combine its German subsidiary with Commerzbank AG as it set out a transformation program that it said would increase its target's net income by €600 million ($706 million) in 2028.

• ENRC Seeks $290M As Final SFO Damages Trial Opens

  By Christopher Crosby

  The 13-year legal battle between the Serious Fraud Office and Eurasian Natural Resources Corp. could be headed for its final chapter on Monday as the mining company demands compensation for a botched criminal investigation.

• Head Of Employment Tribunals Calls For More Video Hearings

  By Adele Redmond

  More remote hearings are a "needs must" to cope with a surge in claims from workers and difficulties in recruiting judges to work in London, the president of the Employment Tribunals has said.

• Ineos Sues Ben Ainslie's America's Cup Team For £180M Boat

  By Sophia Dourou

  The racing team owned by Ineos, billionaire Jim Ratcliffe's chemical company, has sued British competitive sailor Ben Ainslie's America's Cup team, seeking the return of a £180 million ($244 million) vessel previously used in the sailing competition.

• Ex-Goldman Banker Must Pay Back £400K Legal Aid Funding

  By William Janes

  A former Goldman Sachs banker must repay almost £400,000 ($534,000) in legal aid funding after being sentenced for contempt of court, an appeals court ruled on Friday as it rejected his case that the recovery regime caused inconsistent results.

• Taylor Wessing's German Arm Seeks UK Tie-Up Deals

  By Marialuisa Taddia

  The German arm of Taylor Wessing is looking to expand in Europe by bringing law firms in other jurisdictions — including in the U.K. — into the fold, sources close to the firm said Friday.