UK government’s £330bn coronavirus package could be targeted by criminals March 24, 2020 The UK government’s £330bn emergency coronavirus aid package risks being targeted by organised crime, said a white collar crime lawyer. Risks will centre around false applications for small business grants of up to £25,000 each – and boiler room fraud operations could see money evaporate as organised crime gangs game the system, the lawyer said. [...]
London’s legal sector continues to lead the world August 3, 2020 Socially-distanced juries, virtual trials, and a mass shift to remote working — these are just some of the radical steps that have been taken to allow justice to be served during lockdown. Almost every part of our economy has had to adapt to Covid-19 and the legal system is no different. One constant throughout these [...]
Exclusive: Internal report says ex-People’s Vote boss has ‘case to answer’ on sexual harassment allegations September 21, 2020 A former Labour election strategy chief and boss of the People’s Vote campaign “has a case to answer” in regards to multiple allegations of sexual harassment, according to a report commissioned by a company he used to lead. An inquiry conducted by the anti-Brexit European Movement group and seen by City A.M. lists a string [...]
Law firm lodges equal pay claims against supermarket giant Morrisons November 13, 2018 The law firm that is taking on the big four supermarket giants over allegations of unequal pay has today lodged its first batch of claims against Morrisons in the Employment Tribunal. As well as Morrisons, Leigh Day is also taking on Asda, Sainsbury's and Tesco on behalf of female members of staff who believe they [...]
IP lock-out: Is Britain handing the EU the keys to a billion-pound industry? June 8, 2020 We are getting close to crunch point in the Brexit negotiations. Last week saw the culmination of the final round of talks between the EU and the UK ahead of the 30 June deadline to agree an extension to the transition period. Given the glacial progress so far, a sudden breakthrough appears highly unlikely, with [...]
City Moves: Who is switching jobs in the Square Mile this week? January 13, 2021 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. After a rocky year for business, City firms are continuing to adapt to the challenges of three national lockdowns and post-Brexit bureaucracy to keep things moving across the Square Mile. This week, Lloyd’s [...]
Nearly half of in-house lawyers asked to advise on unethical issues October 28, 2019 A survey of in-house lawyers published today has found that 45 per cent have been asked to advise on something ethically debatable. The study shines a light on the tightrope in-house lawyers have to walk between acting commercially and upholding professional ethics. Read more: Firms must stop using NDAs to cover up harassment, say MPs [...]
Ryanair fails to block operation chief’s move to Easyjet December 23, 2019 Budget airline Ryanair has failed to delay its former operation chief’s move to rival company Easyjet after a court rejected its claim. The Irish High Court has rejected Ryanair’s attempt to stop Peter Bellow from joining Easyjet until 2021, saying a 12-month non-compete clause was not enforceable. Ryanair has instructed its lawyers to immediately appeal, [...]
Coronavirus: The crisis could be the turning point for LawTech April 9, 2020 When we look back on the current coronavirus pandemic, we will see it as a major turning point in history. The scale of this crisis will dramatically reshape society and the entire global economy forever, for better and for worse. Our main focus should be on ensuring that the better outweighs the worse, for moments [...]
EY hit with €95m claim over tax scandal advice February 4, 2020 Big Four accountancy firm EY has been targeted with a €95m (£80.5m) lawsuit for advice it gave to a collapsed bank that allegedly defrauded the German state. The administrator to Maple Bank filed the lawsuit against EY in Stuttgart. The claim relates to the so-called cum-ex scandal which led to the closure of Maple Bank [...]