London Metal Exchange faces legal action over trading in ‘dirty metals’ February 8, 2024 The London Metal Exchange (LME) is set to defend itself after legal action was filed in the English High Court by eco groups over it “trading in dirty metals”. Global Legal Action Network (GLAN), along with the London Mining Network, are arguing that by enabling the global sale of ‘dirty metals’, LME is breaching UK [...]
Two-thirds of people would join a class action against their own company November 14, 2023 Class actions are the desirable route for people, as 64 per cent of people would join if they thought a company had broken the law, up four per cent on the previous year. New data from Portland Communications shows that 63 per cent of people would also join a class action against their own employer [...]
Copyright trial over Jimi Hendrix given green light against Sony Music January 30, 2024 A court ruled that a lawsuit over copyright by the estates of former band members of Jimi Hendrix can proceed to trial against Sony Music. Jimi Hendrix Experience was formed in 1966 with two other band members: David Redding on bass guitar; and John ‘Mitch’ Mitchell on drums. Together they recorded three studio albums: Are [...]
CoinGecko report highlights dominance of Bitcoin July 19, 2023 CoinGecko has revealed its quarterly findings show that Bitcoin’s market dominance has returned to levels last seen in the second quarter of 2021.
Musk’s ‘unfathomable’ $56bn Tesla pay package overruled by US judge January 31, 2024 A Delaware judge has ruled in favour of investors who contested Elon Musk's $56bn (£44.2bn) Tesla pay package, deeming it excessive.
Government faces lawsuit over £250m PPE contract with US jewellery firm November 17, 2020 The government is facing legal action after awarding a £250m contract for personal protective equipment (PPE) to an American jewellery company with no experience producing healthcare equipment. The Good Law Project today filed legal proceedings against the government over its multimillion-pound deal with Saiger LLC to provide equipment such as gowns and face masks to [...]
Richard Desmond’s firm slams ‘flawed’ process that handed National Lottery to Allwyn June 5, 2024 Richard Desmond's Northern & Shell group has hit out at the "seriously flawed" procurement process that handed the National Lottery licence to Czech gambling group Allwyn Entertainment, a London court heard today.
Bitcoin’s New All-Time High and SEC’s Lawsuit Against Ripple Dominate Crypto Headlines January 4, 2021 CryptoCompare data shows the price of Bitcoin (BTC) moved up from around $26,800 at the start of the week to hit a new all-time high above $34,600 hit on the day the flagship cryptocurrency celebrated its 12th birthday. Ether (ETH), the second-largest cryptocurrency by market capitalization, moved from $730 to over $1.100 in a significant [...]
Bolt to face court battle over drivers’ employment rights October 6, 2022 Ride-hailing app Bolt is set to face a class action lawsuit calling for it to class its drivers as workers rather than self-employed contractors. Law firm Leigh Day has filed a claim against Bolt on behalf of more than 1,600 of its drivers in calling on the Estonian tech company to give its drivers holiday [...]
GSK and Sanofi shares jump with investor fears soothed by Zantac ruling December 7, 2022 Shares in GlaxoSmithKline (GSK) and Sanofi jumped today, after thousands of claims apart of the Zantac lawsuit were dismissed. Investors’ fears were soothed yesterday when US district judge Robin Rosenberg rejected 50,000 claims in federal court for not being based on sound science. GSK’s shares jumped around eight per cent to 1,498.00p per share in [...]