Lawsuit at Tiffany’s: Jeweller sues LVMH over delayed $16bn merger September 9, 2020 Tiffany & Co has launched legal action against Louis Vuitton owner LVMH after the luxury goods giant said it would walk away from a $16bn deal to buy the jewellery firm. Tiffany has filed a lawsuit seeking to force LVMH to complete the merger after the French conglomerate announced this morning that it could not [...]
Professional negligence trial against City firm Clyde & Co kicks off March 11, 2024 The trial for a businessman’s $88m lawsuit against his former legal team from Clyde and Co along with two XXIV Old Buildings barristers gets under way at the High Court. As one legal judgment noted, Riad Tawfiq Al Sadik is a “very wealthy” businessman that owns the largest construction and engineering company in the United [...]
Man who bought private jet with bankrupt Thurrock Council money is sued for fraud March 8, 2024 Man accused of cheating the bankrupt Thurrock Council out of millions of pounds in order to buy luxury goods, is now being sued.
‘Profiteering’ Home REIT to be sued over misleading investor information December 7, 2022 Beleaguered property investor Home REIT has been hit by a lawsuit from investors today amid claims it is “profiteering from the housing crisis” and used misleading information to raise cash. The social housing-focused firm has been hammered by a slew of claims from short sellers in the past two weeks over the quality of charity [...]
Exclusive: London law firm used by Wagner boss Yevgeniy Prigozhin has folded December 15, 2023 London-based law firm Discreet Law - used by the Wagner boss - has ceased its practice after it was under investigation for allegedly breaching rules to protect free speech
Leading stablecoins lose their peg and DEXs register record high volume after $42 billion SVB bank run March 13, 2023 Francisco Memoria of CryptoCompare walks us through the news narratives that have driven the ups and downs of Bitcoin over the last week.
City Hall politician warns Bolt of licence issues if workers’ conditions not improved December 5, 2022 A leading City Hall politician has warned ride-sharing app Bolt it could be barred from operating in the capital unless it improved its drivers’ pay and conditions. Labour transport lead Elly Baker has tweeted that Bolt should give its workers “the rights they deserve,” otherwise it would face “serious questions over its licence to operate [...]
Ex-cop set to be hit with freezing order over London Capital & Finance scandal June 25, 2024 Former cop Paul Careless is set to be hit by a freezing order after being accused of being a main beneficiary of the London Capital & Finance scandal
Marriott International hit with London lawsuit over huge data breach August 19, 2020 Hotel group Marriott International is facing legal action in London over a huge data breach that compromised the personal details of roughly 393m guests. Martin Bryant, who runs a tech and media consultancy firm, has filed a collective action in the High Court on behalf of millions of guests from England and Wales who were [...]
Supreme Court to decide on state immunity of sunken treasure November 27, 2023 The Supreme Court is due to decide on the first case of state immunity over millions of pounds of salvage sunken silver. The ship at the heart of this dispute is the SS TILAWA, which was sunk in the Indian Ocean on 23 November 1942 by two Japanese torpedoes. The ship was travelling from Bombay [...]