Top Stories

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  London's Rainmaker Wars Make Partnerships More Fragile

  By Marialuisa Taddia

  U.S. law firms' race to dominate London's lucrative private capital market is making some partnerships more frag...(read more)

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  Awaab's Law Faces Hurdles In Private Rental Rollout

  By William Janes

  Plans to extend Awaab's Law to the private rental sector would strengthen protection for renters against damp, m...(read more)

• IP Office Shows Early Discrepancies With New Patent Test

  By Alex Baldwin

  In two recent decisions from the U.K.'s Intellectual Property Office, it is grappling with a new test for whether an invention is patentable, marking a significant step toward modernizing the patent system for the AI era. But experts warn that the way officials apply the new standard will likely vary until it is tested.

• Irish Lender Rejects Axis' Bid As Sale To Austrian Bank Nears

  By Dawood Fakhir

  Permanent TSB on Friday said the court hearing to approve its approximately €1.62 billion ($1.8 billion) sale to Austrian bank BAWAG PSK will go ahead as scheduled Tuesday, despite rival suitor Axis Capital's move to postpone the hearing.

• Top UK Court Refuses To Hear Tesco Equal Pay Appeal

  By Adele Redmond

  The U.K. Supreme Court has refused to hear retail giant Tesco's appeal to exclude training documents from an evaluation of the jobs done by thousands of workers who have sued the company for equal pay. 

• Former Prince Andrew Can Be Called As Witness In Fraud Trial

  By Ronan Barnard

  A former Goldman Sachs banker accused of misappropriating assets from the multimillionaire wife of an imprisoned Turkish politician was given permission by a judge on Friday to call Andrew Mountbatten-Windsor to give evidence at trial.

• UK Regulators Propose Simplifying Senior Managers Regime

  By Alex Davidson

  The Financial Conduct Authority and the Bank of England have proposed simplifying the senior managers and certification regime, which they say would save businesses £2 billion ($2.7 billion) a year.

• 4 Questions For Macfarlanes Construction Pro Angus Dawson

  By Tom Fish

  Angus Dawson, a partner at Macfarlanes LLP, speaks here to Law360 about how pressures from financing costs and uncertainty over regulatory approvals are shaping construction contracts, and why technically demanding projects such as data centers require more complex contractual arrangements.

• Pogust-BGI Dispute Threatens £36B Dam Trial Prep, BHP Says

  By Eddie Beaver

  BHP criticized Pogust Goodhead and Bailey Glasser International over their battle for control of £36 billion ($48 billion) litigation arising from a collapsed dam, warning on Friday that the dispute has disrupted preparations for a trial to determine compensation.

• 5 AI Traps To Avoid As FCA Sets Out Good And Bad Practice

  By Alex Davidson

  The Financial Conduct Authority has released findings on "good and poor practice" in the use of artificial intelligence. Here, Tom Brown of Shoosmiths outlines five traps that financial services companies must avoid if they want to stay on the right side of the regulator.

• Coinbase Fined €3.2M For Safeguarding, Outsourcing Failings

  By Isabel Jackson

  The Central Bank of Ireland has fined crypto asset-trading platform Coinbase Ireland more than €3.2 million ($3.8 million) for breaches of its safeguarding and outsourcing obligations under European Union regulations.

• Russia Must Put Up Security In $50B Yukos Award Suit

  By Caroline Simson

  England's Court of Appeal on Thursday ordered Russia to put up nearly £1 million (£1.3 million) in security as it appeals the enforcement of some $50 billion in arbitral awards to former shareholders of Yukos Oil Co., citing a "real risk" that the country could refuse to pay if it's unsuccessful.

• Weil Merger Talks Spotlight Growing BigLaw Split On Scale

  By Aebra Coe and Daniel Moritz-Rabson

  After dozens of partners left the firm this year, including several practice leaders, Weil Gotshal & Manges LLP faced two paths: embrace a leaner footprint or merge with another law firm.

• White Collar Boutique Rahman Ravelli Enters Administration

  By Sophia Dourou

  Boutique white collar criminal law firm Rahman Ravelli has gone into administration after a quarter-century of representing clients in corporate crime cases.