The founder of RBG Holdings, Ian Rosenblatt, has declared the listed legal services group “insolvent” amidst an intensifying boardroom dispute. The situation reached a critical point as Rosenblatt threatened legal
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Apple, the tech giant, is confronting a substantial £3 billion lawsuit in the United Kingdom amid allegations of competition law breaches concerning its iCloud storage service. Consumer advocacy group Which?
Elite American law firms in London are pushing their junior solicitors to unprecedented limits, with working weeks routinely exceeding 70 hours in exchange for starting salaries surpassing £170,000. Research conducted
According to a major survey, partners at large US law firms earn more than ever. The average compensation is $1.4mn. Major, Lindsey & Africa, a recruitment specialist, surveyed 200 of
BHP is facing a class-action lawsuit brought by lawyers who have estimated that the compensation claim will be a record £36billion. The largest mining company in the world will begin
Laws to prevent a repeat of the P&O Ferries mass sackings scandal will be presented to parliament this week as Labour focuses on improving working conditions at sea, including for
The US government may ask a judge for an order to dissolve Alphabet, Google’s parent company. The US Department of Justice has listed this as one of the remedies after
GSK, the second largest pharmaceutical company in Britain, has agreed to pay up to $2.2billion to settle 80,000 US court cases involving its blockbuster drug Zantac. GSK announced after the
The right to appeal has been won by a Vietnamese airline facing a bill of up $250 million for compensation in a High Court case over aircraft leases between a
Martyn Day stared at tanks from his window. In 2006, Leigh Day’s co-founder travelled to Ivory Coast in order to fight a lawsuit against Trafigura. Trafigura was accused of dumping
Next warned it may be forced to shut down stores following a legal victory over equal pay. The retailer is expected to lose more than £30million after the landmark case.
A left-of centre thinktank is urging Rachel Reeves to announce in the budget next month changes to capital gains, inheritance tax, and national insurance that would raise over £20bn per
The City regulator brought its first criminal charge against an individual who was allegedly operating a network illegal cryptocurrency ATMs. Olumide Osunkoya has been accused by the Financial Conduct Authority
Apple lost a €13-billion battle against unpaid taxes, a landmark in European Union law over “sweetheart tax deals”. The European Court of Justice reversed an earlier ruling that favored the
In a landmark achievement for the legal sector, DLA Piper has become the first English law firm to break the £3 billion annual revenue barrier. The firm, which originated in
Elon Musk filed a new lawsuit against OpenAI, the maker of ChatGPT and its CEO Sam Altman. He accused the company of “perfidy” and “deceit of Shakespearean proportions”. Musk’s latest