Wife of ‘McMafia banker’ agrees to forfeit golf club and Knightsbridge mansion Banking The wife of convicted fraudster Jahangir Hajiyev has agreed to forfeit a mansion in Knightsbridge worth approximately £14m and a a golf club in Ascot, following a lengthy investigation by the National Crime Agency.
Joe Lewis: British billionaire and former Spurs owner, 87, spared jail time after pleading guilty in US to insider trading Law Lewis, 87, was wearing an eye patch and one of his hands shook steadily throughout the one-hour proceeding in Manhattan federal court.
Shell: UK oil giant kicks off fight against emissions ruling in Dutch court OIL AND GAS Supermajor Shell argued on Tuesday that a court ruling in the Netherlands forcing it to slash its greenhouse gas emissions has no legal basis.
Ferrexpo bullish on production output despite mounting legal actions March 25, 2024 Iron ore miner Ferrexpo is facing multiple lawsuits including unpaid supplier debts.
Cargill subsidiary facing huge class action over River Wye chicken farming pollution March 19, 2024 Leigh Day claims that the class action could grow to include tens of thousands of people (Photo by Leon Neal/Getty Images)
In-house lawyers expecting a surge in legal disputes amid wage and union pressures January 24, 2024 Businesses are anticipating a rise in legal disputes, however, they need to also be prepared for the rising costs of litigation. A report by law Firm Shoosmiths stated that 82 per cent of in-house senior lawyers expect an increase in spending on dispute resolution over the next three years. Those surveyed say they will consider [...]
UK legal industry revenues jump almost seven per cent despite stagnant economy November 10, 2023 This growth is against the backdrop of an economy has just narrowly avoided a recession after GDP unexpectedly had no growth in the third quarter of the year.
Lush embroiled in legal battle with former boss over £216.8m share sale February 21, 2023 In response to the claims, Lush, who has over 100 stores in the UK said that its board had "no choice" but to refuse the transfer.
Meta under fire may face £10m fine from EU December 20, 2022 Meta, Facebook’s parent company has been accused of flouting competition rules by an EU commission. If the charges are proven, they may face a penalty of up to £10m. Meta is likely in breach of the European Union’s anti-trust regulations. The EU’s preliminary review has found that Meta has tied access to the social media [...]
UAE fund turns on top City lawyer in bid to exit Iranian-American airline tycoon’s hacked emails case June 23, 2022 Embattled City lawyer Neil Gerrard suffered another blow this week, after his former client, an Emirati sovereign fund, turned on the ex-Dechert partner, after offering to pay $1m to settle a case brought against it by a powerful Iranian-American business tycoon. The fund’s efforts to distance itself from Dechert’s former head of white-collar crime comes [...]