London lawyers expect boom in legal disputes on the back of Brexit and Covid-19 April 11, 2022 London litigators are readying themselves for a new wave of litigation lawsuits on the back of Brexit and Covid-19. In a survey carried out by the London Solicitors Litigation Association (LSLA), 84 per cent of lawyers polled said they expect a surge in the number of Covid related contractual disputes. Another 70 per cent of [...]
Furiosa: A Mad Max Saga is the action movie of the decade May 23, 2024 Furiosa: A Mad Max Saga will be remembered as one of the best prequels ever made, which isn’t a huge compliment given the competition.
Twitter shares take a tumble as Elon Musk’s takeover u-turn sets in July 11, 2022 Shares continue to tumble for Twitter as the Silicon Valley titan feels the hangover of Elon Musk’s takeover u-turn this weekend. The stock dropped over seven per cent in early morning trading on the Nasdaq after the eccentric billionaire called off his $44bn (£37bn) purchase of the social media platform. He accused the company of [...]
Dechert lawyers held ‘mock trial’ to help witnesses construct false cover story, court hears March 17, 2022 Lawyers in Dechert’s London office have been accused of holding meetings to come up with a “cover story” for how the firm obtained a cache of hacked emails that were used to win a lawsuit against Iranian airline tycoon Farhad Azima. A High Court heard that Neil Gerrard, Dechert’s former head of financial crime, put [...]
Former Manchester United star files £750k claim against St. James’s Place representative April 15, 2024 Earlier this year, his legal team at Thomas Mansfield Solicitors filed a claim to the Financial List of the High Court against London-based Klipp Wealth Management (KWM Wealth).
Ryanair loses legal battle against Condor bailout funding May 18, 2022 Ryanair has lost its legal battle to have bailout funding provided by the EU to German charter airline Condor ruled unlawful. The EU’s General Court said today the aid package was legitimate and that Ryanair failed to demonstrate the European Commission had mishandled funds when bailing the charter airline out. “The applicant did not succeed [...]
Unilever shareholder accuses firm of concealing Ben & Jerry’s Israel boycott June 16, 2022 A Unilever shareholder has sued the firm over claims it hid the decision by its subsidiary Ben & Jerry’s to pull out from Israeli-occupied Palestinian territories.
Apollo spikes £1.7bn Wood Group takeover bid May 15, 2023 Apollo Global Management has today confirmed that it does not intend to make a £1.7bn takeover offer for the oil and gas engineering giant, John Wood Group. The firm said this morning that it “does not intend to make an offer for Wood.” Shares dropped by 35 per cent this morning, from 219p to 140p. [...]
Crypto exclusive: Nexo users do not have ‘unfettered’ right to withdraw holdings, exchange says December 19, 2022 Crypto exchange Nexo has said its customers do not have the “unfettered” right to withdraw their cryptocurrencies from its platform, as it seeks to defend itself from a High Court lawsuit. Instead, Nexo said its customers only have the right to “request” withdrawals, as the exchange said it retains the right to reject any customer [...]
UK must have a ‘Goldilocks’ approach to crypto rules or risk scaring firms off, warns minister Griffith June 20, 2023 The UK must strike a “goldilocks” approach to crypto rules and not scare off a crop of fintech firms with an overly “hot” regulatory clampdown, the City minister has warned.