Top Stories

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  Brexit Factors Blamed For UK's Sluggish IPO Flows

  By Najiyya Budaly

  Brexit has deprived companies listed in London of an open gateway to European Union investors, forcing many star...(read more)

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  Pogust Goodhead Reshuffles Team Leading £36B BHP Case

  By Marialuisa Taddia

  Pogust Goodhead has had to reshuffle its team on the BHP class action trial after its lead lawyer on the £36 bil...(read more)

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• Virgin Seeks $30M From Alaska Airlines Over Missed Royalties

  By Sophia Dourou

  Virgin Group told a court on Tuesday that Alaska Airlines must pay it more than $30 million in missed royalty payments, ahead of the substantive dispute alleging the British conglomerate breached a trademark licensing deal for the now-defunct Virgin America branding.

• CMA Considers Probe Into Housing Biz's £723M Bid For Rival

  By Najiyya Budaly

  Britain's antitrust authority said Tuesday that it is considering whether a proposed £723 million ($986 million) takeover by student accommodation developer Unite of rival Empiric might harm competition in the U.K.

• Anglo American, Codelco Enter Into $5B Copper Mine Deal

  By Najiyya Budaly

  Anglo American said Tuesday that it has finalized a $5 billion agreement with Chilean state-owned Codelco to jointly operate their copper mines as it reaffirmed its commitment to the in-demand metal, days after reaching a $52 billion deal with Canada's Teck.

• Gov't Introduces 'Duty Of Candor' Law For Public Officials

  By Christopher Crosby

  The British government introduced landmark legislation on Monday to create a legal duty of candor for public officials, and criminal sanctions for those who mislead the public, to change the "culture of cover-ups" surrounding disasters and scandals.

• Cubic Alleges TfL Favored Rival In £1.5B Procurement Dispute

  By Ronan Barnard

  A British unit of U.S. multinational manufacturer Cubic Corp. has accused London's public transportation authority and its subsidiary of unfair treatment in a dispute over the bidding process for a contract potentially worth an estimated £1.5 billion ($2 billion).

• AerCap Wants £81M Costs From Insurers In Missing Jets Case

  By Ronan Barnard

  Aircraft leasing giant AerCap is seeking £81 million ($110 million) in costs in the mammoth dispute over hundreds of aircraft stranded in Russia after the 2022 invasion of Ukraine, according to filings for a London court hearing that began on Monday.

• Ex-Simmons Partner Sues Labour For Blocking Council Bid

  By Jamie Lennox

  A former Simmons & Simmons LLP tax partner has sued the Labour Party after it blocked his bid for election to a local council in south London, telling a court that the rejection of his candidacy was unlawful.

• Kobe Bryant Co. Wins Fight Against 'Black Mamba' TM

  By Hanna Vioque

  The company managing the intellectual property rights of Kobe Bryant has convinced European officials to partially nix a rival "Black Mamba" trademark over bags and wallets because there was a risk that consumers might mix it up with the dead basketball legend's trademarked nickname. 

• Former Estate Agent Can't Stop Bank Getting Dickens Mansion

  By Sophia Dourou

  A former estate agent cannot prevent a bank from taking possession of her central London mansion that was once home to Charles Dickens after a judge found on Monday that an appeal would have no prospect of success.

• CPS Drops Spy Charges Against Ex-Parliamentary Researcher

  By Christopher Crosby

  The Crown Prosecution Service dropped charges on Monday that accused a former parliamentary researcher and his co-defendant of spying for the Chinese government because of a lack of evidence, weeks before their trial was due to begin.

• 2 Firms Guide Ørsted's $9.4B Fundraising After US Setback

  By Najiyya Budaly

  Denmark's Ørsted AS said Monday that it has started its 60 billion Danish kroner ($9.4 billion) rights issue in a move to boost its capital structure after the U.S. blocked two wind farm projects to await a government review.

• Glencore Ruling Affirms Disclosure Trumps Prosecution Fears

  By Joanne Faulkner

  A recent High Court decision that forced Glencore to hand over documents obtained from a Dutch investigation provides further evidence of the difficulties companies face when they try to resist disclosure in civil proceedings by pointing to the risk of prosecution overseas.