UK app developers sue Apple for £785m over alleged App Store monopoly July 25, 2023 UK app developers are suing Apple, alleging that the company’s App Store holds an unfair monopoly. Brought before London’s Competition Appeal Tribunal by competition law expert Sean Ennis, the lawsuit represents over 1,500 mobile app developers who are seeking £785m in damages. Apple charges a 15-30 per cent commission on some payments made through the [...]
London’s litigation financiers primed to profit on global downturn, Therium chief says February 3, 2023 London’s litigation funders are in a prime position to capitalise on the global economic downturn, the founder of one the UK’s top lawsuit financiers told City A.M. The economic slump threatens to stretch in-house legal budgets and drive an uptick in legal battles, Therium founder Neil Purslow said, which could force companies and litigants turn [...]
Cristiano Ronaldo hit with $1bn class action over Binance partnership November 29, 2023 Former Manchester United football player Cristiano Ronaldo has been hit with a class action in a court in the US over promoting unregistered securities by crypto company Binance.
Easygroup boss hits out after trademark defeat in London court June 17, 2024 Easygroup's boss has slammed a UK court ruling that said a German cosmetics brand did not infringe on the group's trademark rights over the use of the word "easy".
Businesses should be wary of class action lawsuits as groundbreaking Shell decision has global reach February 22, 2021 Class action lawsuits are becoming increasingly popular in the UK, and a combination of the coronavirus, Brexit and previous claimant-favourable outcomes will mean UK companies see more action against them in the coming years. Britain is part of something of a third wave of class action lawsuit popularity. The practice of collective claims started in [...]
Trump wants to give evidence in London court over ‘Steele dossier’ October 16, 2023 Donald Trump wants to give evidence in a London court to attempt to prove claims Russia supported his 2016 election campaign are false, the former US president’s lawyers said on Monday as he tried to continue his case against a British private investigations firm. Trump, front-runner for the 2024 Republican presidential nomination, is suing Orbis [...]
Bitcoin supply on exchanges hits three-year low, as BlackRock files for spot Bitcoin ETF June 19, 2023 Data from CryptoCompare shows that the price of the flagship cryptocurrency Bitcoin (BTC) started the week with a drop from around $26,000.
Pub firm Fuller’s sues insurance giants Aviva and Liberty Mutual in fight over ‘business interruption’ claim February 9, 2023 Fuller’s pubs has filed a lawsuit against insurance giants Aviva and Liberty Mutual in a dispute over a “business interruption” claim. Fuller Smith & Turner confirmed to City A.M. it is suing the two insurers “in relation to a claim under our business interruption insurance” but refused to comment further. Fuller’s filed its claim against Liberty [...]
JPMorgan agrees to settle with Epstein victim in class action suit June 12, 2023 JPMorgan agreed in principle to settle a class action lawsuit with a victim of Jeffrey Epstein, the bank said in a statement Monday. The settlement resolves one claim against the largest U.S. bank in a proposed class action by women who say Epstein abused them, and by the government of the U.S. Virgin Islands, where Epstein [...]
ExxonMobil sues EU over plans for bloc-wide windfall tax December 28, 2022 ExxonMobil has filed a lawsuit against the EU in a bid to overturn the trading bloc’s plans to impose a windfall tax on energy companies. The US oil major is seeking to challenge the EU’s authority to impose a 33 per cent levy on energy companies’ profits during the fiscal year 2022. Two of [...]