Top Stories

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  Sheikh Held Liable For €67M Shares Breach By Top UK Court

  By Lucia Osborne-Crowley

  Britain's highest court ruled on Monday that a business tycoon breached his fiduciary duties when he transferred...(read more)

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  Pogust's Brazil Shipwreck Case Stalls Over Authority Doubts

  By Joanne Faulkner

  Pogust Goodhead's ability to litigate on behalf of around 18,000 Brazilians following a shipwreck has been throw...(read more)

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• Ex-Trafigura Exec Denies Devising $600M Nickel Fraud

  By Sophia Dourou

  Trafigura's former head of nickel trading denied conspiring with Prateek Gupta to defraud the company out of $600 million through a sham nickel trade deal, as he gave evidence at the trial on Monday.

• Ex-Georgia PM Wins $607M Appeal Over Credit Suisse Fraud

  By Lucia Osborne-Crowley

  The Bermudan life insurance arm of Credit Suisse lost its challenge on Monday to a $607 million damages bill it owes to the former prime minister of Georgia as the top court for overseas U.K territories rejected its arguments.

• Miner BHP Pulls £34B Takeover Approach For Anglo American

  By Najiyya Budaly

  Australian mining heavyweight BHP Group Ltd. said Monday that it has walked away from talks to swallow up U.K. rival Anglo American after the failure of a £34 billion ($45 billion) approach earlier in the year.

• Top Court Poised To Set UK Path On FRAND With Apple Case

  By Alex Baldwin

  The U.K. top court's promise to outline the "correct" approach to global patent licensing spats will bring much needed clarity following five years of disparate rulings on just what counts as a fair, reasonable and nondiscriminatory, or FRAND, rate for standard essential patents, lawyers say.

• Thaler Loses Appeal In AI-Patent Inventor Case

  By Hanna Vioque

  A London judge once again refused to let a computer scientist obtain inventor credits for artificial intelligence-made technology on Friday, dismissing claims that his ownership of an AI-model should give him rights over a divisional patent. 

• 10-Year Migrant Pathway May Be 'Catastrophic' For Employers

  By Adele Redmond

  The government's plan to extend routes to settlement in Britain for migrants to up to 20 years could have "catastrophic consequences" for sponsoring employers and risks tying vulnerable workers to bad bosses for a decade, experts have warned.

• UK Government Faces Backlash Over Juryless Trial Proposal

  By Christopher Crosby

  Controversial plans to overhaul criminal law to bar some defendants from electing to be tried by a jury won't succeed in reducing the backlog of cases without long-term funding, and it suggests that the government is no longer able to deliver justice, experts said Friday. 

• Ex-Reform UK Politician Gets 10 Yrs Over Pro-Russian Bribes

  By Ronan Barnard

  The former leader of the Reform UK party in Wales was sentenced to over 10 years imprisonment on Friday for receiving corrupt payments in exchange for supporting Russian causes in speeches made when he was a member of the European Parliament.

• A&O Shearman Guides £6B Pension Deal For BBC

  By Martin Croucher

  The British Broadcasting Corporation has struck a deal to insure £6 billion ($7.8 billion) of its pension liabilities with Zurich and Metropolitan Life Insurance Co., in a transaction steered by A&O Shearman, Slaughter and May, Eversheds Sutherland, and Debevoise.

• UK Ties Vast Money-Laundering Scheme To Russian Military

  By Christopher Crosby

  Criminals operating in at least two dozen U.K. cities and towns are behind a billion-dollar money-laundering network turning dirty cash into cryptocurrency to fuel Russia's military, evade sanctions and further the global drugs trade, British investigators said Friday.

• Solicitor Lied To Client's Wife About Seized Funds, SRA Says

  By Sophia Dourou

  A criminal defense solicitor lied to an imprisoned client's wife by concealing the fact he was holding on to funds belonging to the client, the Solicitors Regulation Authority told a tribunal Thursday.

• StanChart Appeals Disclosure Order In £1.5B Sanctions Case

  By William Janes

  Standard Chartered on Thursday relaunched a fight to withhold regulatory documents from investors that are suing the bank for £1.5 billion ($2 billion), as they allege that the lender made untrue or misleading statements about its noncompliance with sanctions.