EU demands 120m AstraZeneca jabs by end of June as second legal case begins May 11, 2021 The European Union wants AstraZeneca to deliver at least 120m vaccine doses by the end of June, a lawyer representing the EU said today. EU lawyer Rafael Jafferali spoke in a Belgian court as proceedings started in the second legal case against AstraZeneca over delayed supplies. The pharma firm had originally agreed to deliver the [...]
Discovery goes head to head with Polish govt to protect £2.1bn TV investment August 16, 2021 American media giant Discovery is fighting to keep control of a television network it owns in Poland, an executive has said, as its £2.1bn investment is under threat from a new bill passed in parliament this week. If the bill passes into law, no entity from outside Europe would be allowed to own more than [...]
Carillion liquidators secure funding to take KPMG to court for audit failures May 19, 2021 Carillion’s liquidators have secured a £250m funding deal with a litigation funder to take KPMG to court for audit failures. Litigation Capital Management (LCM) will fund a claim against the Big Four firm in the Commercial Court of the High Court. Carillion’s liquidators are taking KPMG to court for perceived audit failures, resulting in losses [...]
Virginia Giuffre’s lawyers say Prince Andrew has been served legal papers September 11, 2021 Lawyers for the woman suing the Duke of York over sexual assault allegations have claimed to have served legal papers on him, according to a document filed in a New York court. The legal counsel, who represent Virginia Giuffre, say in the document that the civil lawsuit was handed to a Metropolitan Police officer who [...]
HarperCollins settles with Russia’s Abramovich over ‘Putin’s People’ book December 22, 2021 HarperCollins settled a libel dispute with Russian businessman Roman Abramovich over a book about President Vladimir Putin by agreeing to amend certain passages relating to the reasons for buying Chelsea football club.
Visa snaps up Swedish open banking platform Tink for €1.8bn June 24, 2021 Visa today said it has agreed to buy Swedish open banking platform Tink in a deal worth €1.8bn (£1.5bn). Tink, which was founded in 2012, enables financial institutions and fintech firms to develop financial products and services through access to data. The company is partnered with 3,400 banks and financial institutions, reaching millions of customers [...]
Goldman Sachs accused of covering up sexual misconduct allegation October 27, 2020 Goldman Sachs attempted to cover up allegations of workplace sexual misconduct by its head of litigation and fired a female lawyer for raising concerns over his behaviour, a lawsuit filed in New York claims. Marla Crawford, a former associate general counsel at the bank, alleged she was discriminated against and fired after complaining about the [...]
English rugby chiefs to offer mouthgard technology to all clubs and open brain clinic as part of concussion action plan July 22, 2021 English rugby chiefs have today announced a new action planned aimed at reducing concussion risk within men’s and women’s professional rugby. The move comes amid mounting pressure on the The Rugby Football Union (RFU), World Rugby and the Welsh Rugby Union as concerns grow over the impact of contact sports on the brain. Nine former [...]
Apple steps up search engine efforts amid Google antitrust probe October 28, 2020 Apple is reportedly ramping up efforts to develop its own search engine technology as US antitrust authorities put Google’s market dominance under the spotlight. In iOS 14, the company’s latest iPhone software, Apple now shows its own results when users type queries into the search bar on the home page. The changes, which are likely [...]
Louis Vuitton owner LVMH completes $16bn takeover of Tiffany & Co January 7, 2021 Louis Vuitton owner LVMH has completed its $16bn takeover of US jewellery brand Tiffany, the companies announced this afternoon. The deal was almost derailed last year when LVMH attempted to abandon the acquisition, prompting Tiffany to take legal action against the luxury goods conglomerate. Following the completion of the transaction, Louis Vuitton executive vice president [...]