Nomura hit by lawsuit August 20, 2009 A LONDON headhunter is seeking “a commercially absurd sum” in a legal spat over how Nomura kept star bankers as part of its takeover of Lehman Brothers in Europe, the Japanese bank said yesterday. Documents filed at London’s High Court show there is a dispute between Nomura and Hogarth Davies Lloyd. “There is a dispute [...]
WHAT THE OTHER PAPERS SAY THIS MORNING October 5, 2009 FINANCIAL TIMESUK COURT RELAXES CURB ON SAAD CASHA bitter legal dispute involving prominent Saudi Arabian businesses and families opened in the English courts yesterday, with Maan al Sanea failing to overturn a $9.2bn (£5.8bn) freezing order on his worldwide assets. The High Court eased the order to allow the billionaire $4m spending money a year [...]
WHAT THE OTHER PAPERS SAY THIS MORNING October 5, 2009 FINANCIAL TIMESUK COURT RELAXES CURB ON SAAD CASHA bitter legal dispute involving prominent Saudi Arabian businesses and families opened in the English courts yesterday, with Maan al Sanea failing to overturn a $9.2bn (£5.8bn) freezing order on his worldwide assets. The High Court eased the order to allow the billionaire $4m spending money a year [...]
RAPPER TALKS CRIME, DRUGS AND THE CUT AND THRUST OF BUSINESS October 27, 2009 FRESH from interviewing Warren Buffett, otherwise known as the “Sage of Omaha” or one of the most successful investors the world has ever seen, the Beeb’s Evan Davis yesterday turned his microphone on a different type of guest: rapper 50 Cent. “Fifty”, who’s recently co-authored a business book called The 50th Law, was happy to [...]
RAPPER TALKS CRIME, DRUGS AND THE CUT AND THRUST OF BUSINESS October 27, 2009 FRESH from interviewing Warren Buffett, otherwise known as the “Sage of Omaha” or one of the most successful investors the world has ever seen, the Beeb’s Evan Davis yesterday turned his microphone on a different type of guest: rapper 50 Cent. “Fifty”, who’s recently co-authored a business book called The 50th Law, was happy to [...]
Google wins UK libel case July 20, 2009 The High Court ruled yesterday that Google is not liable for defamatory comments that appear in its search results. In a landmark ruling Mr Justice Eady said its search engine was not responsible for comments relating to Metropolitan International Schools, a distance learning business. The court said Google was a “facilitator” and not a publisher [...]
Desmond loses libel case July 23, 2009 Richard Desmond, the owner of Express Newspapers, yesterday lost his libel case against author Tom Bower. Desmond claimed that Bower defamed him in a biography of Canadian tycoon Conrad Black, the former Telegraph boss, and had damaged his business reputation. But a High Court jury returned a majority verdict rejecting his claim.
Rock investors to fight on despite courtroom defeat July 28, 2009 FORMER shareholders in Northern Rock have vowed to continue their fight to be awarded compensation from the government for the loss of their holdings, after losing a legal battle yesterday. The group of 200,000 small investors, backed by major hedge fund investors SRM Global and RAB Capital, had launched an appeal disputing the High Court’s [...]
Rock investors to fight on despite courtroom defeat July 28, 2009 FORMER shareholders in Northern Rock have vowed to continue their fight to be awarded compensation from the government for the loss of their holdings, after losing a legal battle yesterday. The group of 200,000 small investors, backed by major hedge fund investors SRM Global and RAB Capital, had launched an appeal disputing the High Court’s [...]
MILLIONAIRE LEAVES THE LAP OF LUXURY TO GET BY ON 64 A WEEK October 14, 2009 CHANNEL 4-gazers might have been surprised last night by the sight of a familiar face popping up on the box: Pimlico Plumbers boss Charlie Mullins. Mullins, himself the subject of a classic rags-to-riches tale as a self-made business tycoon, was taking part in the channel’s popular “Secret Millionaire” show, for which he travelled to a [...]