Cooper-Hohn divorce has led to Britain’s biggest pay out – here the five largest UK settlements in history November 28, 2014 Hedge fund titan Sir Chris Hohn will have to pay his ex-wife £337m, in what is thought to be the largest ever settlement in a UK divorce case. His estranged wife, Jamie Cooper-Hohn, had been seeking half of Hohn's estimated £700m fortune since the summer, however Hohn offered a quarter. Both parties are thought to [...]
Parting is such sweet sorrow for financier’s wife after £337m win November 27, 2014 Billionaire hedge fund manager Sir Chris Hohn was yesterday ordered by the High Court to pay his estranged American wife Jamie Cooper-Hohn £337m, the largest divorce settlement in British legal history. The former couple, whose Children’s Investment Fund Foundation is one of the top private charities in the world, have been feuding over a family [...]
Chris Hohn and Jamie Cooper divorce: The £337m cost of marital breakup November 27, 2014 It was the stunning High Court divorce trial that grabbed the attention of London’s financial high-flyers. When it was announced yesterday that Mrs Justice Roberts had awarded £337m to the estranged American wife of financier Sir Chris Hohn the gasps were audible from the Strand to the City. The estranged wife, Jamie Cooper-Hohn, had fought [...]
Andrew Mitchell loses “plebgate” libel case November 27, 2014 Andrew Mitchel probably did use the word “pleb”, according to the High Court judge presiding over the MP’s libel case. The Sun had claimed Mitchell called PC Toby Rowland a “pleb”. Mitchell denied this, taking News Group Newspapers, which owns the Sun, to court. Despite admitting to using profanities, Mitchell, who was the government's chief [...]
Lee Rigby murder: David Cameron calls on internet companies to “do all they can” to prevent terror attacks November 25, 2014 Prime Minister David Cameron has called on internet companies to change the way they act in relation to communications between potential terrorists after a report claimed the status quo was putting Britons at greater risk of attack. Speaking in response to a report published today by the Intelligence and Security Committee regarding the murder of [...]
Do patent privateers signal need for intellectual property reform? November 25, 2014 After Google sued BT over patent-infringement and details about BT’s patent strategy garnered public attention, an increasing number of commentators have started pointing to “patent privateers” as a major problem with the current system of intellectual property both in Europe and the US. As is common in high-stakes litigation involving multinational corporations, the debate has [...]
Ex-banker reaches settlement with Google over removal of ‘vile and abusive’ internet posts November 24, 2014 An ex-banker has reached a settlement with Google over "vile and abusive" internet posts, having previously argued that the firm should do more to remove them. Daniel Hegglin, a British businessman who used to for work Morgan Stanley, had been targeted by an anonymous internet troll and wrongly called a paedophile and a Ku Klux [...]
A day in the life of a chef on the world’s finest yachts November 23, 2014 It sounds like a dream job, but serving food on the high seas to the world’s elite comes with its own challenges. People assume being a chef on a super-yacht – the kind you see in Hello magazine – is a dream job. In many ways they’re right, of course. But it’s not [...]
This crude EU bonus cap will jeopardise efforts to really reform banker pay November 20, 2014 NIILO Jaaskinen, advocate general at the European Court of Justice (ECJ), recommended yesterday that the court should reject the UK’s challenge to the EU’s cap on bankers’ bonuses, which restricts bonuses to 100 per cent of a banker’s pay (or 200 per cent with shareholder approval). This wasn’t a big surprise, and it won’t have [...]
Julian Assange loses appeal against Swedish arrest warrant November 20, 2014 Julian Assange has lost his appeal against an arrest warrant in Sweden, where he faces rape charges, with the Court of Appeal saying there is “a great risk he will evade legal proceedings or punishment”. The order for his arrest was issued for the Wikileaks founder in 2010, and is wanted for questioning over [...]