A decision by the U.K. Supreme Court to block a £2.7 billion ($3.6 billion) claim against major banks over foreign exchange-rigging has recalibrated the test for when a collective action should be brought through opt-out proceedings, lawyers say.
A decision by the U.K. Supreme Court to block a £2.7 billion ($3.6 billion) claim against major banks over foreign exchange-rigging has recalibrated the test for when a collective action should be brought through opt-out proceedings, lawyers say.
Denmark's stinging defeat in a £1.4 billion ($1.9 billion) tax fraud claim and a U.K. Supreme Court ruling that widens the net for individuals who facilitate fraud are among the defining moments in the biggest commercial fraud cases of 2025.
CAC Group, Versaras and Westfleet Advisors all took home prizes at the inaugural awards of the International Legal Finance Association for their achievements in the industry.
Legal violation detection platform Darrow, which was named most innovative legal technology provider at the inaugural International Legal Finance Association awards, aims to reach up to $100 million in revenue next year, its chief revenue officer told Law360 Pulse.
A Turkish travel-booking company has hit travel software giant Sabre International with a claim in a London court, accusing Sabre of refusing to honor a promise to buy its shares in a joint venture for over $14.5 million.
A French restaurant manager has denied lying about his work history in order to secure a €9.3 million ($11 million) investment from a private equity firm for a food chain venture, saying that the company had backed the deal for his "secret sauce" recipe.
A property developer and a Dubai bank have hit back at a claim from a real estate business that alleges they undermined a £260 million ($351.2 million) refinancing deal, saying that there was no chance of the transaction going ahead.
A British brewery has accused a distillery of deliberately copying its "Titanic" branding to trick consumers into thinking that the two companies are connected, asking a London court to step in and halt its rival's alleged passing off.
Janssen has denied a rival's claim that the court should revoke its two patents covering how an injectable form of schizophrenia medication should be given to patients who miss a dose, arguing the patents are inventive and new.
An Edinburgh appeals tribunal has rejected a lawyer's quest for a higher payout after he proved that a compliance business botched his redundancy process, upholding an earlier ruling that he would have lost his job regardless.
An actuary hit with a two-year ban and a fine of almost £23,000 ($31,000) has convinced an employment tribunal that his belief in traditional Islam being problematic and deserving of criticism constituted a protected belief under the Equality Act.
A London court has held that Winros Partnership, formerly known as Rosenblatt Solicitors, can't force an investment company to pay its £6 million ($8 million) legal bill because the law firm chose to ignore a contractual provision designed to allow it to recover the money.
