Top Stories

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  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 ...(read more)

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  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 o...(read more)

• 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.

• 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.

• 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. 

• Fieldfisher Fights Unfair Dismissal Ruling Over Assault Probe

  By William Janes

  Fieldfisher urged an appeals court on Tuesday to overturn a ruling that it unfairly dismissed an associate after an internal investigation into sexual assault allegations, arguing that a judge impermissibly found that the woman who accused the lawyer had lied.

• Russian Shadow Fleet Ship Captain Charged Over Sanctions

  By Christopher Crosby

  Prosecutors have charged the captain of a Russian shadow fleet oil tanker with circumventing the U.K.'s sanctions after the vessel was seized by special forces in the English Channel on Sunday.

• FCA Eyes Higher Fines After Setbacks In Staley Case

  By Christopher Crosby

  The financial regulator has said it plans to hike the fines it imposes on individuals for misconduct following a series of legal setbacks that slashed its sanctions against senior executives. 

• German Gov't Rejects UniCredit Pursuit Of Commerzbank

  By Najiyya Budaly

  Germany said Tuesday that it formally rejects "the aggressive approach" taken by Italy's UniCredit SpA as it pushes to increase its stake in domestic lender Commerzbank AG.

• UK Clears AB Foods' Proposed Buy Of Bread Maker Hovis

  By Tom Fish

  The antitrust regulator said Tuesday it has approved the acquisition by Associated British Foods of bread maker Hovis, concluding that the deal will not harm competition because of the pressures facing the U.K. industry and the struggling state of the buyer's operations.

• UniCredit Refers Commerzbank Claims To German Regulator

  By Dawood Fakhir

  Italian lender UniCredit SpA on Monday rejected statements by Commerzbank AG raising doubts about the response of its shareholders to UniCredit's merger proposal, saying it has contacted Germany's Federal Financial Supervisory Authority, or BaFin, over what it called a "relentless dissemination of inaccurate and misleading information" by its German takeover target.

• HMRC Can Levy Exit Tax On Trust's £142M Gains, Court Rules

  By Josh White

  Britain's tax authority can collect an exit tax charged on over £142 million ($190 million) in gains from a real estate company and on over £330,000 in assets from a family trust, provided that the tax is paid in a five-year installment plan, a London court ruled.

• Star Hydro Seeks To Halt Pakistan Suit Over Arbitral Award

  By Eddie Beaver

  Pakistan's state electricity purchaser told the U.K.'s top court Monday that English courts may only restrain foreign proceedings involving a London arbitration award when those proceedings seek to set aside the award or otherwise affect its validity worldwide.