Top Stories

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  Barclays Traders' Rate-Rigging Cases Sent To Court Of Appeal

  By Christopher Crosby

  The watchdog for miscarriages of justice referred the convictions of five former Barclays traders back to the Co...(read more)

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  FCA Says No Plans To Step In On Protection Insurance

  By Martin Croucher

  The Financial Conduct Authority said Thursday it had no plans to intervene in the insurance protection market, a...(read more)

• AstraZeneca Seals China Obesity Drug Deal For Up To $18.5B

  By Najiyya Budaly

  Biotechnology giant AstraZeneca has struck a licensing deal worth up to $18.5 billion with CSPC Pharmaceutical of China to develop weight-loss drugs, the companies said Friday, as Western investment in China ramps up.

• EU's 'Elton' Ruling A Reminder To Get Evidence Right Early

  By Alex Baldwin

  Trademark owners defending their intellectual property got a stark reminder of the importance of making sure to submit their strongest evidence the first time around when a European Union court refused to dive deeper into a battle between the "Elton" and "Elon" names.

• Cabo Lawyer Denies Misleading Court In £90M Bratz Row

  By Sophia Dourou

  A solicitor who represented a toy maker suing MGA, the maker of Bratz dolls, denied Thursday that he had deliberately misled the court about his client's disclosure in the run-up to the trial over a campaign of antitrust violations and threats of patent infringement litigation.

• Ex-Oil Minister Says She Repaid 'Lavish' Gifts From Execs

  By Christopher Crosby

  Diezani Alison-Madueke did not abuse her position as a Nigerian petroleum minister by accepting "lavish" gifts from oil executives as the cash, car rides and luxury accommodation were later reimbursed, her lawyer told jurors in London on Thursday. 

• Ex-Cricket Team Owner's India Suit Blocked In Ownership Row

  By Ronan Barnard

  A London judge ordered a businessman on Thursday to stop bringing legal claims in India or any other jurisdiction linked to his dispute over the ownership of the Rajasthan Royals with the majority owners of the Indian Premier League cricket franchise.

• No Timetable For Labour's Race And Disability Equal Pay Law

  By Adele Redmond

  The equalities minister has declined to say when promised legislation to introduce ethnicity and disability pay gap reporting will be put forward.

• UK Gov't Rejects Women's Pension Redress For 2nd Time

  By Martin Croucher

  The government said Thursday that it will not pay compensation to millions of women affected by state pension errors, raising the possibility of new legal action.

• Gibson Dunn's Growth Fuels Move To Bigger London Office

  By Ashish Sareen

  Gibson Dunn said Thursday that it will relocate to a larger office in London as it plans further expansion in the English capital following a massive increase in the number of its lawyers over the past five years.

• Deutsche Bank Probed For Suspected Money Laundering

  By Alex Davidson

  German prosecutors confirmed on Thursday that they are investigating Deutsche Bank AG for suspected money laundering activity linked to foreign businesses. 

• Lukoil Open To Offers Despite Deal With Carlyle

  By Najiyya Budaly

  Russian oil and gas heavyweight Lukoil said Thursday that it has agreed to sell its international assets to U.S. private equity giant Carlyle, but added that it is open to alternative offers.

• MoJ's Interest Grab May Shift PE Focus In Legal World

  By Marialuisa Taddia

  A move by the government to take a slice of the interest generated on client accounts could shift the focus of private equity in the legal sector to bigger law firms, leaving smaller players with less leverage in talks with outside investors.

• Fund Managers Should Be Taxed As Partners, UK Court Told

  By Josh White

  Portfolio managers at a hedge fund should be taxed as partners, not disguised employees, because they have significant influence at the partnership, a hedge fund told the U.K. Supreme Court on Wednesday.