Top Stories

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  Ex-Jones Day Pro Suspended Over 'Burn It' Evidence Order

  By William Janes

  A former private equity partner at Jones Day has been suspended from practicing for two years after a disciplina...(read more)

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  Hybrid Work Here To Stay As UK Emphasizes Flexibility

  By Adele Redmond

  Six years after the first COVID-19 lockdown forced many people to work remotely, hybrid working has become a mid...(read more)

• Freshfields Guides Danone's Acquisition Of UK Nutrition Biz

  By Najiyya Budaly

  French food and beverage heavyweight Danone said Monday that it will buy privately owned British meal replacement producer Huel Ltd., aiming to cement its place in the functional nutrition market.

• FCA Opens Its Data To Palantir In Fraud Crackdown

  By Christopher Crosby

  The Financial Conduct Authority said Monday that it will give Palantir Technologies Inc. access to its regulatory data as part of its efforts to crack down on financial crime by using artificial intelligence as a resource. 

• Targeted Co. Calls For Safeguards Against Activist Investors

  By Najiyya Budaly

  Edinburgh Worldwide Investment Trust urged the Financial Conduct Authority on Monday to review the regulatory framework to ensure stronger safeguards for the independence of boards, conflicts of interests and related-party transactions.

• Aerospace CEO Tried To Tank £36M Finance Deal To Save Job

  By William Janes

  A London court ruled Friday that the former chief executive of British aerospace manufacturer Gardner plotted to shoot down a £36 million ($48 million) Chinese financing deal in a bid to avoid being pushed out of the business.

• MFS Faces FCA Probe After Collapse With £1B Debts

  By Alex Davidson

  The City watchdog said Friday that it has launched an enforcement investigation into Market Financial Solutions Ltd., a U.K. provider of property loans that collapsed in February with debts of more than £1 billion ($1.3 billion).  

• Ombudsman Poised To Take Consumer Duty Power From FCA

  By Alex Davidson

  Pending legislative reforms to the Financial Ombudsman Service could hand the dispute-arbitrator power to assess whether businesses have complied with the consumer duty and other broad rules set by the Financial Conduct Authority, regulatory lawyers say.

• Darts Star Littler Seeks TM For Face In Possible Anti-AI Move

  By Jamie Lennox

  Darts ace Luke Littler has applied to protect his face with a trademark in the U.K., and lawyers suggested on Friday that the move could help block the exploitation of his likeness through artificial intelligence-generated deepfakes.

• Upper House Strips Pensions Bill Of Investment Mandate

  By Joel Poultney

  The House of Lords has voted to remove a controversial measure from forthcoming pensions legislation mandating that retirement plans commit to certain investments, a step criticized as government overreach by the political opposition and the financial sector.

• Novartis To Buy Breast Cancer Therapy For Up To $3B

  By Najiyya Budaly

  Novartis AG said Friday that it will acquire a breast cancer drug from U.S. developer Synnovation Therapeutics in a deal worth up to $3 billion as it seeks to strengthen its oncology treatment pipeline.

• Gov't Creates More Questions With Latest Take On AI And IP

  By Alex Baldwin

  Tech companies and creatives alike have more doubt than ever about the legal framework for artificial intelligence and copyright, following a much-anticipated report on the topic from the government that kicks pressing issues down the road, experts say.

• Travers Smith Turns To AI For Growth Over Mergers And PE

  By Marialuisa Taddia

  Travers Smith's managing partner has his eye on using artificial intelligence to drive growth for the U.K. firm in a market where an increasing number of players are turning to transatlantic mergers and private investment to fuel expansion.

• Critical Literary Editions Can Qualify For Copyright Protection

  By Hanna Vioque

  A European court ruled Thursday that a critical edition containing scholarly notes and commentary on an existing copyrighted work can also qualify for protection under European Union law if it is original and more than just a mere idea.