Litigation funder Innsworth told the High Court on Tuesday that the distribution of a £200 million ($268 million) settlement from a U.K. mass claim against Mastercard is "illogical" and "flawed" in the first case to test a Competition Appeal Tribunal settlement decision.
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Innsworth Challenges Share Of Mastercard Settlement Sum

By Joanne Faulkner

Litigation funder Innsworth told the High Court on Tuesday that the distribution of a £200 million ($268 million) settlement from a U.K. mass claim against Mastercard is "illogical" and "flawed" in the first case to test a Competition Appeal Tribunal settlement decision.

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Investors Seek To Halt $16B Argentina Award Amid US Appeal

By Sophia Dourou

A group of minority shareholders of a nationalized oil company urged a court on Tuesday to stay English proceedings that seek to enforce a now-overturned $16 billion judgment in New York against Argentina while a U.S. appeal is underway.

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Nord Stream Says Pinning Blast On Ukraine 'No Small Thing'

By Ronan Barnard

The Swiss consortium behind a pipeline destroyed by sabotage in 2022 argued in the closing stages of a €580 million ($672 million) trial on Tuesday that it was "no small thing" to conclude the attack was carried out on Ukraine's behalf.

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Cyber Breaches Cost UK Firms £3.7B In Litigation Fallout

By Martin Croucher

Cyberattacks on businesses in Britain are estimated to have cost £3.7 billion ($5 billion) in litigation in 2025, an insurance broker has said, warning that many do not have sufficient cover to protect against legal and reputational damage caused by a major breach.

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PRODUCT LIABILITY

McLaren Beats Negligence Case Over £1M Supercar Fire

By William Janes

McLaren has defeated a claim that it bungled the rebuild of a £1 million ($1.34 million) supercar and allegedly caused the vehicle to burst into flames, as a London court ruled Tuesday that the case against it was "hopelessly vague."

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CONTRACTS

Uniserve Denies Liability In £90M Faulty PPE Claim

By Eddie Beaver

Logistics company Uniserve has denied owing the Department of Health and Social Care £90 million ($121 million) over allegedly defective COVID-19 medical gowns, pulling two Chinese suppliers and the intermediary that introduced them into the claim.

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INSURANCE

Insurers Blame Unreasonable Costs In $8.6M Ship Repair Row

By Joel Poultney

A group of insurers has said it is not liable to pay $8.6 million outstanding to the owner of an oil tanker damaged by a fire in its engine room because the owner allegedly took unreasonably expensive steps to repair the vessel.

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ARBITRATION

EU Says $40M Award Against Poland Can't Be Enforced

By Joyce Hanson

The European Commission has told the D.C. Circuit that a Swedish court decision, which dismissed a $40 million arbitral award favoring a commodities trading firm, correctly set aside the award against Poland as incompatible with Swedish and European Union law.

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INTELLECTUAL PROPERTY

Vape Co. Disputes Rival's 'Original' Ownership Of TM

By Hanna Vioque

An electronic cigarette brand has pushed back against claims it copied a rival's "Crystal Vapours" trademark, arguing that the rival wasn't the "original user" of the sign as it didn't even own the shops it was citing as evidence.

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Property Investor Sues Ares For Using 'Marq' IP

By Max Austin

A London-based property investor has accused U.S. investment giant Ares of infringing its trademark by reproducing identical logos in an effort to capitalize on the investor's success and mislead consumers.

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Nxera Sues Rival Biotech Over Drug Research Patent

By Hanna Vioque

Biopharma business Nxera has accused a rival of infringing its patents covering an engineered version of a protein used extensively in drug discovery research, arguing that the specific variants the biotech used were far too similar to the patented technology.  

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TAX

Ride-Hail App Bolt Can't Get £190M VAT Break, HMRC Argues

By Josh White

Ride-hailing company Bolt shouldn't be able to claim a £190 million ($254.3 million) value-added tax exemption for travel agents and tour operators because its drivers provide transportation and don't lead tours or book vacations, the U.K.'s tax authority argued before a London court on Tuesday.

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EMPLOYMENT & BENEFITS

Trade Union Liable For Sham Probe Of London Firefighter

By Jamie Lennox

A tribunal said in a ruling released on Tuesday that the Fire Brigades Union is liable for a sham investigation by its officials into a firefighter who had lost his post at the organization after raising concerns about potential maternity discrimination toward a female member.

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Engineer Loses Disability Case Over COVID-19 Site Work

By Max Austin

A tribunal has rejected an engineer's case that a refrigeration company ignored his lung condition and fired him for refusing National Health Service assignments during the COVID-19 pandemic, ruling that management took all necessary steps required by government guidance at the time.

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EXPERT ANALYSIS

Decoding Arbitral Disputes: EU's Arb. Defense From Russia

The EU's latest package of restrictive measures against Russia marks a significant shift from merely resisting Russian jurisdictional tactics to proactively protecting arbitration and exclusive jurisdiction agreements, elevating the procedural importance of dispute resolution clauses, says Josep Galvez at 4-5 Gray's Inn Square.

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LAW FIRMS IN TODAY'S NEWS

4 5 Gray's Inn Square

7 King's Bench Walk

Akin Gump

Andrew & Williams

Arnold & Porter

Ashurst LLP

Brick Court Chambers

Campbell Johnston

Clyde & Co

DLA Piper

Enyo Law

Essex Court Chambers

Fountain Court Chambers

HSF Kramer

Henderson Chambers

Hogarth Chambers

Holman Fenwick

Keoghs LLP

Matrix Chambers

Mishcon de Reya

Monckton Chambers

Pallas Partners

Quadrant Chambers

Simmons & Simmons

Thompsons Solicitors

Three New Square

Willkie Farr

COMPANIES IN TODAY'S NEWS

Arch Capital Group Ltd.

Ares Management Corp.

Deloitte Touche Tohmatsu Ltd.

Eton Park Capital Management LP

GLP Capital Partners LP

Liberty Mutual Insurance Group

Lloyd's America Inc.

Marks & Spencer

MasterCard Inc.

Mercuria Energy Group Ltd.

Sovereign Arbitration Advisors LLC

YPF SA

GOVERNMENT AGENCIES IN TODAY'S NEWS

Competition Appeal Tribunal

East London Employment Tribunal

European Commission

European Union

HM Revenue & Customs

London Fire Brigade

National Health Service

Secretary of State for Health and Others

U.S. Court of Appeals for the District of Columbia Circuit

U.S. Court of Appeals for the Second Circuit

U.S. District Court for the District of Columbia

UK First-tier Tribunal

UK High Court

UK Upper Tribunal