A gay man has won equal pensions rights in a landmark Supreme Court ruling July 12, 2017 The Supreme Court has delivered a landmark ruling giving the husband of a gay man the same pension rights as a wife would receive. John Walker, 66, challenged a Court of Appeal decision to support his former employer Innospec. The chemicals firm said it willrefuse to pay his pension to his husband because Walker’s employment [...]
Ukraine and Russia to go head-to-head in public trial over $3bn loan dispute September 14, 2018 Ukraine and Russia are set to go head-to-head in a full public trial over a $3bn loan dispute set against the backdrop of a tense sovereignty battle between the two countries. The Law Debenture Trust, representing Russia, has sued Ukraine for its failure to repay the loan made to Ukraine through Eurobonds in 2013. Ukraine has defaulted [...]
Ukraine and Russia to go head-to-head in public trial over $3bn loan dispute September 14, 2018 Ukraine and Russia are set to go head-to-head in a full public trial over a $3bn loan dispute set against the backdrop of a tense sovereignty battle between the two countries. The Law Debenture Trust, representing Russia, has sued Ukraine for its failure to repay the loan made to Ukraine through Eurobonds in 2013. Ukraine has defaulted [...]
Online betting firm 888 shares drop after increased regulation hits UK revenue September 27, 2018 Shares in online gambling firm 888 dropped nine per cent today after the company reported a poor opening half to the year in its key UK market. UK revenues decreased 18 per cent to $86.5m (£65.9m) as the company responded to increased regulation and refocused its marketing to the highest return-generating areas. Read more: Shares [...]
After Jamal Khashoggi’s death we need to re-assess diplomatic immunity October 26, 2018 In 1961 the Vienna Convention on Diplomatic Relations was adopted by the United Nations Conference on Diplomatic Intercourse and Immunities. It was followed in 1963 by the Vienna Convention on Consular relations, These treaties have, as of this month, been ratified by 192 and 179 states respectively. In summary, these treaties create an environment of [...]
William Hill signs sports betting deal with casino giant Eldorado in US push September 5, 2018 William Hill has signed a 25-year partnership with US casino group Eldorado as it looks to expand into the growing US sports betting industry. Eldorado, which owns 21 casinos across 11 states, would take a 20 per cent stake in William Hill's US business and receive $50m in stock from the bookmaker. It comes after [...]
Bet your bottom dollar: UK bookies are up after a US court ruling slapped down PASPA May 14, 2018 Shares in the UK’s gambling firms are soaring after a US court ruling struck down a decades-long restriction on sports betting. The US Supreme Court today ruled in favour of the state of New Jersey, effectively killing the Professional and Amateur Sports Protection Act (PASPA). US states can now establish their own regulated sports betting, [...]
Credit Suisse gets $385m from bankruptcy claim against failed Lehman Brothers June 13, 2018 Credit Suisse will get $385m (£288.4m) from its claim against failed investment bank Lehman Brothers, which falls well below the $1.2bn the firm originally set out to win. The Swiss firm claimed it was owed the money from Lehman over terminated derivatives transactions following the company folding a decade ago. The payout still needs to [...]
Mastercard and Visa lose battle with supermarkets over debit and credit card charges July 4, 2018 Mastercard and Visa have lost the latest round of an ongoing legal battle with a conglomerate of supermarkets after a court found their card charges were too high and had breached competition rules. The two credit card giants had been accused by a number of retailers of charging overly high fees – known as interchange [...]
Sport and betting: Why Brexit could pave the way for a wider levy, the role of live data rights, and how the $5bn US market can change the game January 7, 2019 The UK betting industry’s voluntary “whistle-to-whistle” advertising ban during live sports coverage has been widely welcomed but broadcasters – and, by extension, the media rights fees they pay to sport – will take a hit and some sports, such as horse racing, are deemed to be so reliant on gambling that they are exempt from [...]