Top Stories

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  KC Says HMRC Tried To 'Cancel' Him In £2M Evasion Case

  By Sophia Dourou

  A senior tax barrister told a court Wednesday that HM Revenue and Customs prosecuting him for evading almost £2 ...(read more)

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  Kennedys Hits £457M As North America Revenue Surges

  By Marialuisa Taddia

  Kennedys said Wednesday that revenue in North America grew by more than 22% in its latest financial year, driven...(read more)

• RPC-Led Frasers Mulls €2B Takeover Offer For Hugo Boss

  By Dawood Fakhir

  Frasers Group PLC said Thursday that it plans to launch a voluntary public takeover offer for all the shares of Hugo Boss AG that it does not already own for approximately €1.98 billion ($2.3 billion).

• Squire Patton Settles £3.7M Claim Over Advice On Tech Deal

  By Jamie Lennox

  Squire Patton Boggs LLP has settled a claim in a London court that it caused a software company to lose £3.7 million ($4.9 million) through faulty advice on intellectual property ownership in a buyout of a rival.

• Everton Must Pay Burnley £35M For Violating League Rules

  By Jamie Lennox

  Everton must pay Burnley £35 million ($47 million) in compensation for violating the Premier League's financial regulations several seasons ago, an independent commission ruled in a decision released Wednesday.

• Failure To Reform Funding Rules May Cost UK Courts

  By Joanne Faulkner

  The government's continued failure to adopt recommendations to reform the litigation funding market is driving potential claimants away from the U.K. and pushing investment toward rival jurisdictions, lawyers and funders have warned.

• Class Rep Seeks To Pull Fender CPO Over Funding Shortfall

  By Eddie Beaver

  A consumer rights lawyer sought on Wednesday to withdraw a proposed class action against Fender, Yamaha and other musical instrument manufacturers, saying she had been unable to secure litigation funding despite years of efforts to pursue resale price maintenance claims.

• Innsworth Loses Bid To Up Slice Of £200M Mastercard Deal

  By Joanne Faulkner

  A London court rejected Innsworth's bid on Wednesday to challenge the distribution of a £200 million ($268 million) settlement with Mastercard, backing the finding of an appeals tribunal that a greater return for the funder would have been "excessive."

• J&J Talc Claimants Win OK For UK Group Asbestos Suit

  By Joanne Faulkner

  Thousands of women were granted permission on Wednesday to join together in litigation accusing Johnson & Johnson of knowingly selling baby powder in the U.K. that was contaminated with asbestos.

• MPs Want Appeals Route For Judge-Only Complex Cases

  By Christopher Crosby

  Defendants charged with economic crimes who are facing trial by a sole judge should be allowed to appeal for their case to be heard by a jury, British lawmakers said Wednesday in a pushback against the government's landmark criminal justice reforms.

• Burford Sees Growing Market For Stakes In Elite Firms

  By Marialuisa Taddia

  Burford Capital plans to step up minority equity investments in elite law firms in the U.K. and U.S. that already use its litigation finance, as investor appetite for law firm equity increases, the firm's new London-based chief operating officer told Law360.

• MPs Push EHRC To Explain How Single-Sex Code Will Work

  By Adele Redmond

  Senior figures at the U.K.'s equality watchdog struggled to explain how its new code of practice on providing single-sex services can be practically implemented, telling a parliamentary committee on Tuesday that organizations should take a "common sense" approach to avoid litigation.

• Uber Demands Funder's Docs From Mishcon In £340M Claim

  By Eddie Beaver

  Uber urged a London court Tuesday to order Mishcon de Reya to surrender communications with a former litigation funder, arguing that the documents are not privileged and could prove claims worth £340 million ($455 million) have been brought out of time.

• Diarra Settles €65M Claim Over FIFA Transfer Rules

  By Jamie Lennox

  Former professional footballer Lassana Diarra has settled his €65 million ($75 million) claim against FIFA over the governing body's allegedly unlawful and restrictive transfer rules, his lawyers confirmed Tuesday.