Ackman of Pershings to relaunch SPAC as damage control from investor lawsuit August 20, 2021 In a letter to the shareholders of the largest SPAC to ever hit the market, billionaire fund manager Bill Ackman said on Thursday he will pursue a relaunch of Pershings, following a lawsuit filed this week by an investor. The lawsuit against Pershing Square Holdings (PSTH) was filed by former US Securities and Exchange (SEC) [...]
The Royal Family in 2022: Queen’s extravagant Platinum Jubilee, Prince Andrew’s lawsuit and Harry’s tell-all memoirs January 2, 2022 The Queen is set to become the first-ever British monarch to celebrate 70 years on the throne in 2022, as she will reach her historic Platinum Jubilee this year. The national Jubilee festivities are taking place in June over a four-day holiday weekend. But the Queen is actually set to pass the milestone on February [...]
Boeing board faces shareholder lawsuit over two fatal 737 MAX crashes September 8, 2021 A Delaware judge has ruled that Boeing’s board of directors must face a lawsuit from shareholders over two fatal 737 MAX crashes that killed 346 people in less than six months. Watch the full report.
PwC partner accused of leaking in £63m lawsuit leaves firm August 18, 2021 Ian Green, the former PwC head of restructuring, left the firm on 30 June according to Companies House filings, following accusations by Watchstone that he leaked confidential information about the PwC client. Aquis Exchange-listed Watchstone, an insurance and technology group, have said that Green disclosed its information to a banker at Greenhill & Co in [...]
£80m in Covid contracts lawsuit: Matt Hancock’s personal WhatsApp and emails to be scrutinised September 21, 2021 The personal WhatsApp messages and emails from former Health Secretary Matt Hancock will be searched as part of a High Court battle over millions of pounds’ worth of antibody test contracts. The Good Law Project has brought legal action against the Department of Health and Social Care (DHSC), claiming that more than £80m in contracts [...]
All eyes on the UK Supreme Court today as it will rule on £2bn lawsuit by 4m Brits against Google November 10, 2021 Should a billion-pound legal action against Google over claims it secretly tracked millions of iPhone users’ internet activity be allowed to go ahead? The UK’s highest court will give its verdict at 9.45am today. Former Which? director Richard Lloyd, supported by the campaign group Google You Owe Us, wants to bring a “representative action” against [...]
Prince Andrew can request unsealing of 2009 deal that protects him from sexual assault lawsuit September 17, 2021 Prince Andrew is permitted to request the unsealing of a 2009 settlement agreement that his lawyer claims protects him from a lawsuit alleging he sexually assaulted a girl two decades ago, a US judge has said. Manhattan Judge Loretta Preska said in a written order that Andrew can seek the information to support arguments that [...]
Google hit with £920m UK lawsuit over ‘unlawful’ app store charges July 29, 2021 Google has been slapped with a £920m class action lawsuit in the UK over claims charges on its Google Play Store are “excessive and unlawful”. The claim, filed in the Competition Appeal Tribunal in London, alleges that the tech giant shuts down competition in its Play store and hits out at its 30 per cent [...]
You too? Record 44m Brits may be in line for compensation as £2.3bn class action lawsuit against Facebook is launched in London court January 14, 2022 More than 44m people could be compensated over “unfair” terms and conditions being imposed on Facebook users if a multi-billion pound lawsuit against the social media giant is successful. Competition law expert Dr Liza Lovdahl Gormsen has launched the class-action lawsuit against Facebook’s parent firm, Meta, at the Competition Appeal Tribunal, accusing the technology giant [...]
Woman who fell from elevated monkey during Bear Grylls race loses damages lawsuit August 26, 2021 A woman who suffered serious leg and shoulder injuries when she fell from an “elevated monkey ring obstacle” during a Bear Grylls Survival Race has lost a High Court damages fight. Margot Harrison, now 59, sued the race organiser and a subcontractor after getting hurt during the event in Enfield, north London, in October 2016 [...]