Law Firm Defends Advice On Home Loan That Soared To £11M

By Jamie Lennox

A law firm has denied landing a homebuyer in debt of more than £11 million ($14.7 million) by failing to highlight the risks of using a bridging loan to finance a property deal worth £1.9 million, arguing at court that its advice was sound.

Read full article » | Save to favorites »

UK Pensions Body Appoints 10 Law Firms For Legal Roster

By Ashish Sareen

The U.K.'s government-backed pension protection body has appointed 10 law firms to provide legal services following a competitive procurement process.

Read full article » | Save to favorites »

Robert Reed To Retire As UK Supreme Court President

By Ashish Sareen

Robert Reed is set to retire from the U.K.'s highest court after serving as a senior member of the judiciary for almost three decades.

Read full article » | Save to favorites »

Brief

London Firm Fined £25K For AML Compliance Failures

By Ashish Sareen

A London law firm has reached a deal to avoid enforcement action after the solicitors' regulator found that it had fallen short in meeting its legal obligations on anti-money laundering.

Read full article » | Save to favorites »

BHP To Pay £43M Over Mariana Dam Case As It Seeks Appeal

By Eddie Beaver

BHP will have to pay £43 million ($58 million) of costs on account after it was found liable for the deadly collapse of a Brazilian dam, a London court ruled Monday as it rejected the mining giant's request to appeal against the decision.

Read full article » | Save to favorites »

Brief

Legal Aid Charity To Distribute £3.9M After Stagecoach Case

By William Janes

A legal advice funding charity revealed Monday that it will issue £3.9 million ($5.2 million) in grants funded with an award from the U.K.'s competition court after the distribution of a rail operator's £25 million class action settlement.

Read full article » | Save to favorites »

Ropes & Gray Launches Antitrust Practice In Milan

By Ashish Sareen

Ropes & Gray LLP said Monday that it has launched an antitrust and foreign direct investment practice in Italy and has hired a counsel for its new office in Milan.

Read full article » | Save to favorites »

Brief

Pensions Provider TPT Picks New Chief Compliance Officer

By Dawood Fakhir

British pensions provider TPT Retirement Solutions said Monday that it has hired Helen Taylor as its new chief legal, risk and compliance officer.

Read full article » | Save to favorites »

Series

Practice Leader Insights From HSF Kramer's Samantha Brown

Samantha Brown, HSF Kramer's managing partner for employment, pensions and incentives for U.K. and Europe, the Middle East and Africa, discusses the challenges of managing a deal where many of the commercial aspects were new to the buyout market, why pension adequacy needs attention, and how new pensions legislation makes it an exciting time for schemes and their advisers.

Read full article » | Save to favorites »