Law

Lawyers warn that businesses could be hurt by competition laws becoming a new source of income Justin Le Patourel, just moments before the UK's very first class-action lawsuit was to start, made a final plea to BT. Former Ofcom…

The deputy UK foreign secretary said that nearly 40% of dirty money is sent through the City of London, and other Crown dependencies. Andrew Mitchell said the Foreign Office will be putting pressure on crown dependencies, overseas…

Uber's operating income was less than a quarter what Wall Street expected. The ride-hailing company reported that it had made $172 in the first three months of this year. This is far less than the analysts' forecast of $600, but it was…

Shell's oil trading activities in the United States generate about $1 billion per year, according to court documents that provide a rare glimpse into Shell's secrecy trading division. A former Shell employee revealed the figure in court…

According to a recent report, tax havens make "glacially" slow progress on transparency measures to combat economic crime. Gibraltar, the only jurisdiction with a fully functional and public beneficial owner register in the UK, was…

In South Carolina, a Boeing whistleblower was found dead. He had been giving testimony in a suit against the company. John Barnett, who retired in 2017 from Boeing after 17 years' service, later claimed that the company had serious…

Stability AI denied accusations of copyright infringement by Getty Pictures, calling them "vague" and "general". This is the latest conflict between a tech company and a creative firm over intellectual property. Stability, in a defense…

Ocado, amid a growing dispute over performance, has threatened to sue Marks & Spencer for a payment of multi-million pounds made as part of their online grocery partnership. Ocado Retail, the joint venture between M&S and Ocado…

In a dispute between Lloyds Banking Group and a businessman worth £1.3 billion, the High Court will hear claims that the Bank of England encouraged manipulation of Libor. Ardeshir Naghshineh is suing Lloyds for allegedly "fraudulently…

Leading British drug companies, together with other pharmaceutical groups are urging an US judge to rule that the evidence plaintiffs' attorneys want to use to support their 72,000 lawsuits alleging that discontinued heartburn drug Zantac…

Experts claim that the City regulator’s £230m compensation deal for Woodford Investors is "likely" to set a "dangerous precedent" for UK finance by removing the "cornerstone protection" of investors. Five academics with expertise in…

Allen & Overy, a magic circle law firm, has developed a tool for artificial intelligence-based contract negotiations. This technology threatens to disrupt traditional legal practices. The UK-based group, in partnership Microsoft and…

In a landmark ruling for the gig-economy, the UK Supreme Court ruled that Deliveroo riders could not be recognized as employees and cannot be represented by unions to engage in collective bargaining. The Independent Workers' Union of…

Inflexion, a UK private equity company, has agreed to sell US investment firm Abry Partners the legal rankings provider Chambers and Partners. This is the latest deal to be made in a sector that attracts heightened investor interest.…

US lawmakers warned that a shutdown of the government is becoming more likely as hopes for a last-ditch compromise to end a budgetary standoff in the largest economy in the world wane. Both Democrats and Republicans stated on Sunday that…

After Baroness Mone's lobbying of ministers, the PPE firm received over £200 million in taxpayers money. However, there are new questions regarding its ownership after claims that it failed to disclose its true owner. Dan Neidle is a tax…